By IANS
Mumbai : Indian shares closed lower Thursday while a key index hit a record high for the forth consecutive day before losing 0.12 percent, even as real estate firm DLF Ltd fared well on its debut in the market.
The 30-share benchmark Sensitive Index or Sensex of the Bombay Stock Exchange (BSE) closed 18.35 points or 0.12 percent down at 14,861.89 after it hit a record high of 14,963.26 during the day.
The broader 50-issue National Stock Exchange (NSE) index, Nifty, too closed 5.35 points or 0.12 percent down at 4,353.95 levels.
Top private sector lender ICICI Bank led the Sensex gainers, up 2.03 percent at Rs.1,005.40, followed by top car maker Maruti Udyog, up 1.77 percent at Rs.805.20, and steel maker Tata Steel, up 1.74 percent at Rs.627.10.
The other index gainers included top engineering and construction firm Larsen & Toubro, drug major Dr. Reddy's Laboratories, multi-utility vehicle maker Tata Motors, energy equipment maker BHEL, fast moving consumer goods major Hindustan Unilever, Oil and Natural Gas Corp and private sector telecom service provider Reliance Telecommunications.
Reliance Energy led the major losers among the Sensex stocks, down 3.27 percent at Rs.591.35. Following next was pharma major Ranbaxy Laboratories, down 2.07 percent at Rs.360.10, and housing loan major HDFC, down 1.93 percent at Rs.1,941.50.
Private sector lender HDFC Bank, state-owned thermal energy producer NTPC, fourth largest software exporter Satyam Computers, top aluminium producer Hindalco, top lender state-run State Bank of India and drug major Cipla were among the other stocks that traded in the red.
DLF listed at Rs.588 against the offer price of Rs.525 and rose to a high of Rs.714.25 before closing at Rs.569.