NEW DELHI: Sensex and Nifty took a breather on Tuesday after scaling record high levels in the previous session as investors took profits off the table ahead of a market holiday. BSE Midcap ended 0.22 per cent lower and BSE Smallcap 0.19 per cent.Sectorally, teck and IT were the worst hit, shedding over 1.50 per cent each. Only six of 19 sectors on BSE ended in the green. However, expectation of further cut in interest rate by RBI, falling oil prices and higher spending will improve earnings outlook. For the next session, market participants will keep a close eye on RBI monetary policy verdict as well as its commentary on liquidity scenarioRajnath Yadav, Senior Research Analyst, Choice Broking

Source: Economic Times June 04, 2019 11:03 UTC