It was a historic day for Indian market with benchmark Sensex surpassing the 50,000 level for the first time. But the market could not hold on to gains and ended lower on profit-taking. The Sensex closed down 0.34% at 49,624.76 after touching a record high of 50,184 earlier in the session. The broader Nifty finished 0.37% lower at 14,590.
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