Sensex, Nifty retreat from record high on profit-taking

Reuters Market Eye - The BSE Sensex and Nifty extend falls on profit-taking after touching a record high for a seventh consecutive session.

The BSE Sensex is down 0.07 percent after earlier hitting an all-time high of 22,485.77, while the broader Nifty falls 0.09 percent after gaining touching a record high of 6,732.25.

The RBI kept interest rates unchanged on Tuesday, as widely expected.

Among blue chips, ITC Ltd falls 0.7 percent while Larsen and Toubro Ltd is down 0.6 percent.

Bank shares slump with State Bank of India falling 1.6 percent and HDFC Bank 1.8 percent.

(Reporting by Abhishek Vishnoi)