Market at close: After hitting record highs in the previous session, the benchmark indices ended lower on May 4 on the back of profit booking.
At close, the Sensex was down 184.08 points at 40083.54, while Nifty was down 66.80 points at 12021.70. About 1108 shares have advanced, 1428 shares declined, and 175 shares are unchanged.
Zee Entertainment, Hero Motocorp, Asian Paints, HCL Tech and TCS were among major losers on the Nifty, while gainers were Yes Bank, Bharti Infratel, Axis Bank, NTPC and Vedanta.
Among sectors, IT and pharma fell more than 1 percent followed by auto, energy, FMCG, while buying seen in the metal and infra space.