The NSE Nifty retreated from its historic 10,000 mark to trade in the negative after investors booked profit in bluechips like Reliance Industries and ITC.
The benchmark BSE Sensex also failed to hold on to its record levels and fell by 39.60 points to 32,206.27 points at 1150 hrs.
The Sensex had resumed higher at 32,350.71 and moved between all time record high of 32,374.30 and a low of 32,209.68 in morning trade.
The broader Nifty was trading down by 14.65 points, 0.15 per cent, at 9,951.75 at 1150 hrs.
In opening trade the Nifty breached the psychological 10,000-level for the first time, gaining 44.90 points, or 0.45 per cent, to all-time high of 10,011.30.
Among the major losers, Reliance Industries, Tata Motors, Lupin, L&T, ITC, Coal India and Hindustan Unilever fell up to 1.72 per cent.
Sentiments turned cautious on the back of mixed Asian cues as investors await the US Federal Reserve meeting due later today on clues over next policy tightening.
Foreign portfolio investors (FPIs) sold shares worth a net Rs 366.84 crore yesterday, as per provisional data. While, domestic institutional investors (DIIs) bought shares worth a net Rs 668.87 crores.
Overseas, Asian stocks witnessed a mixed trend amid subdued trading on Wall Street overnight. US equities closed mixed yesterday, as Wall Street geared up for a major week of earnings and Federal Reserve news.
Disclaimer: No Business Standard Journalist was involved in creation of this content
