Sensex retreats from record highs on profit-taking

Image
Reuters MUMBAI
Last Updated : Apr 11 2014 | 4:02 PM IST

MUMBAI (Reuters) - The BSE Sensex fell on Friday, retreating from record highs hit in the previous session as blue chips such as Reliance Industries retreated ahead of quarterly earnings and inflation data due next week.

Sentiment was also hit by a slide in global shares as steep falls in U.S. technology and biotechnology stocks spread to other sectors and regions.

Reliance Industries provisionally fell 1.8 percent, while Larsen & Toubro ended lower 1.4 percent.

The Sensex provisionally closed 0.46 percent lower, while the Nifty lost 0.4 percent.

(Reporting by Abhishek Vishnoi; Editing by Anand Basu)

More From This Section

First Published: Apr 11 2014 | 3:41 PM IST

Next Story