Nifty falls 0.4 pct, retreats from record high

Explore Business Standard
Associate Sponsors
Co-sponsor

MUMBAI (Reuters) - The Nifty provisionally fell, retreating from a record high hit earlier in the day, as investors booked profits in some recent outperformers such as Reliance Industries ahead of key inflation data.
Reliance Industries Ltd provisionally fell 1.3 percent after surging 9.7 percent over the previous three sessions, while HDFC Bank Ltd lost 0.97 percent after jumping 9.8 percent over the same period.
Nifty provisionally fell 0.4 percent to end at 6,511.90, below a record high of 6,562.85 hit earlier in the day and snapping a five-day winning streak.
BSE Sensex fell 0.4 percent to end at 21,845.18, although the index did not hit a record high on Tuesday.
(Reporting by Indulal PM; Editing by Anupama Dwivedi)
First Published: Mar 11 2014 | 3:47 PM IST