Markets pause record run

Initial gains dried up following the emergence of profit-booking at record levels

Stocks took a break after four back-to-back record-setting sessions as the benchmark BSE Sensex on Friday hit an all-time high, only to lose its way to end with a paltry loss. 

The broader NSE Nifty retreated after breaching the 9,900-mark for the first time ever.

On a weekly basis, the Sensex rose 660.12 points, or 2.1 per cent, and the Nifty 220.55 points, or 2.3 per cent, mainly driven by the successful roll-out of the goods and services tax and consumer price inflation and wholesale price inflation staying soft, giving the Reserve Bank more headroom to snip policy rate at its meeting