Indian equity indices started the week on a weak footing as the benchmarks snapped a four-day gaining streak, dragging Nifty below 25,500 intraday, on June 30. Strong selling was seen in the metal, auto, realty, FMCG names. However, buying in PSU Bank, IT, media helped Nifty to close above 25,500.

At close, the Sensex was down 452.44 points or 0.54 percent at 83,606.46, and the Nifty was down 120.75 points or 0.47 percent at 25,517.05.

The outperformance from the broader indices continued on seventh day, with BSE Midcap index rising 0.6 percent and smallcap index adding 0.8 percent.

The Nifty Bank index also hit fresh record high of 57,614.50 in today’s session, but ended 0.2 percent lower at 57,312.75.

Tata Consumer, Axis Bank, Kotak Mahindra Bank, Hero MotoCorp, Maruti Suzuki were among major losers on the Nifty, while gainers were Trent, SBI, IndusInd Bank, Bharat Electronics and Jio Financial.

On the sectoral front, PSU Bank index rose 2.6 percent, pharma index gained 0.5 percent, while realty, FMCG, auto, metal ended in the red.