Sensex falls 71 pts after record high

The BSE Sensex and the Nifty retreated on Tuesday from record highs in the previous session, as a rally sparked by the strong showing by the key opposition party in state elections faded, with investors booking profits in blue-chips such as ICICI Bank. The Sensex fell 0.33 per cent, or 71.16 points, to end at 21,255.26, retreating from its record high of 21,483.74 made on Monday. The Nifty fell 0.5 per cent, or 31.05 points, to end at 6,332.85, from an all-time high of 6,415.25 hit on Monday. Both indexes snapped a three-day winning streak, with other analysts uncertain about whether the rally can sustain this week.