Sensex, Nifty slip from record highs on profit-booking
July 08, 2014 11:22
After opening on a positive note, markets witnessed hectic profit-booking in most of the sectors in late morning trade, leading to fall in the Sensex and Nifty by nearly 100 points from their all-time highs ahead of the the Railway Budget.
Earlier, the Sensex touched new all-time high of 26,190.44 and Nifty crossed the 7,800-mark for the first time. Shares of realty, capital goods, banking, power, oil & gas, metal, auto, IT and teck segments encountered heavy selling pressure.
However, healthcare, FMCG, consumer durables remained in positive terrain.
Earlier, the Sensex touched new all-time high of 26,190.44 and Nifty crossed the 7,800-mark for the first time. Shares of realty, capital goods, banking, power, oil & gas, metal, auto, IT and teck segments encountered heavy selling pressure.
However, healthcare, FMCG, consumer durables remained in positive terrain.