Business Standard

Saturday, December 21, 2024 | 01:31 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sensex retreats from record high on profit-taking

Image

Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex briefly turned slightly negative on Friday before bouncing back as some investors booked profits after the opposition Bharatiya Janata Party and its allies won an absolute majority in the country's elections.

The Sensex was up 1.2 percent at 1:50 p.m. Trading was volatile, with the 30-member index falling as much as 0.1 percent moments earlier, after gaining as much as 6.1 percent to a record high of 25,375.63 points.

(Reporting by Rafael Nam; Editing by Anand Basu)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 16 2014 | 2:01 PM IST

Explore News