The market witnessed profit-booking after scaling record high levels in the past few sessions. The S&P BSE Sensex was down 111.20 points or 0.31 per cent to settle at 36,050.44, while the Nifty 50 index fell 16.35 points or 0.15 per cent to end at 11,069.65. Market is closed for Republic Day. Selling was also in mid and small cap segment with the BSE Mid-Cap index and BSE Small-Cap index ended in the red. Both these indices outperformed the Sensex.
Deepak Jasani, head - retail research, HDFC Securities.