Sensex, Nifty close marginally lower after hitting fresh lifetime highs

Market Performance - Benchmark stock indices Sensex and Nifty closed marginally lower after reaching all-time highs due to profit-taking and foreign fund outflows [1] - The BSE Sensex closed at 85,641.90, down 64.77 points or 0.08%, after hitting an intra-day high of 86,159.02 [3] - The NSE Nifty settled at 26,175.75, down 27.20 points or 0.10%, after reaching a lifetime high of 26,325.80 [4] Economic Indicators - India's economy grew at a higher-than-expected 8.2% in Q2, marking the fastest growth in six quarters, which initially boosted market sentiment [4] - Expectations of an RBI rate cut faded following the positive GDP growth, contributing to market corrections [7] Sector Performance - Major laggards among Sensex firms included Bajaj Finance, Sun Pharma, Trent, Mahindra & Mahindra, State Bank of India, and Bajaj Finserv [5] - Gainers included Tata Motors Passenger Vehicles, Maruti, Bharat Electronics, Kotak Mahindra Bank, Adani Ports, and HCL Tech [5] Foreign Investment Activity - Foreign Institutional Investors (FIIs) sold equities worth Rs 3,795.72 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth Rs 4,148.48 crore [8] Global Market Context - In Asian markets, Shanghai's SSE Composite and Hong Kong's Hang Seng indices closed positively, while South Korea's Kospi and Japan's Nikkei 225 ended lower [8] - Brent crude oil prices increased by 1.96% to $63.60 per barrel [8]