Business Standard

Sensex snaps 4-day winning streak

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Reuters
The BSE Sensex and Nifty retreated on Wednesday from record highs hit in the prior session, snapping a four-session winning streak, as investors booked profits in blue-chips such as HDFC Bank ahead of the release election results on Friday.

The Sensex fell 0.24 per cent, or 56.11 points, to end at 23,815.12 after hitting a record high of 24,068.94 on Tuesday. The Nifty ended flat at 7,108.75, after touching an all-time high of 7,172.35 a day earlier.

Among blue-chips, HDFC Bank declined 1.6 per cent after making a life high of Rs 800 on Tuesday, while Reliance Industries ended 1.7 per cent lower.
 

Bharat Heavy Electricals Ltd slipped 1.2 per cent after surging 10.2 per cent on Tuesday, while Larsen & Toubro ended 1.1 per cent lower.

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First Published: May 14 2014 | 10:30 PM IST

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