Mumbai: The benchmark Sensex gave up initial gains in a lacklustre session on Wednesday following the absence of global triggers and ended with a 30-point loss, logging a drop on the opening trading day of the year for the first time since 2006.
Most global stock markets, including those in Asia, Europe and New York, are closed on Wednesday. Reliance Industries, TCS and Infosys shares were the biggest drag on the index, which received some support from Bharti Airtel.
Wipro and Tata Power fell. Three of the 12 BSE sectoral indices fell — IT, technology and oil & gas. The realty sector index notched up a huge jump while the others eked out minor gains.
The S&P BSE Sensex opened higher and climbed to 21,244.35. It traded in a 110-point range before ending at 21,140.48, a loss of 30.20 points or 0.14 per cent. It was the first drop for the index on day one of the year since January 2, 2006, when the Sensex fell 7.8 points.
The broader, 50-share CNX Nifty on the Nati-onal Stock Exchange (NSE) was down 2.35 points to 6,301.65.
