Profit booking, global cues drags market lower, FMCG stocks fall (Roundup)

Mumbai, Jan 6 : Profit booking, along with global cues, pulled the key Indian equity indices lower on Wednesday.
Accordingly, the key indices, after hitting fresh all-time high levels, were dragged lower by heavy selling in IT and FMCG stocks amid mixed global cues.
However, the S&P BSE Sensex had opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.
Afterwards, the Indian benchmark equity indices witnessed profit booking.
Globally, Asian shares ended mostly lower on Wednesday as swelling virus counts, Hong Kong crackdown and China-US tensions weighed on sentiments.
Besides, European stocks were steady early on Wednesday but US stock futures slipped as investors closely monitored the Georgia elections, in which the Democrats moved closer to a Senate majority.