Market Roundup: Sensex sheds 59 points; gold hits new record high

Mumbai: Snapping its five-session winning run, equity benchmark Sensex dropped 59 points on Wednesday. Similarly, the NSE Nifty slipped 29.65 points to close at 11,132.60. On the other hand Gold prices in the national capital hit a new record high rising Rs 430 to Rs 50,920 per 10 gram. Silver was also in huge demand as its prices zoomed Rs 2,550 to Rs 60,400 per kg.