Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Auto stocks are weighing on the indices.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
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