Market pauses after four-day winning run; banking stocks slide

MUMBAI, Jan. 15 -- BENCHMARK indices Sensex and Nifty took a pause after a four-session record run on Wednesday, as higher bank NPAs in ongoing quarterly results weighed on banking stocks coupled with a caution ahead of USChina trade deal.

At the closing bell, the BSE gauge Sensex was down 79.90 points, or 0.19 per cent, at 41,872.73; while the NSE barometer Nifty was 19 points, or 0.15 per cent, lower at 12,343.30.

Both indices -- Sensex and Nifty -- had closed at their life-time high levels for the second day in a row on Tuesday.

IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent. Other major laggards were Infosys, SBI, PowerGrid, Tech Mahindra, Bharti Airtel and HDFC Bank.

In contrast, Hero MotoCorp, Titan, Ma...