New Delhi: The benchmark BSE Sensex retreated from record highs, falling by 207.44 points or 0.62 percent to 32,835.06 in early trade on Thursday on heavy profit booking in banking, FMCG, oil and gas, pharma and capital goods stocks .
The 30-share index opened gap down at 33,025.17 against yesterday's record close of 33,042.50 and quickly raced to a high of 33,074.91.
The NSE Nifty fell by 21.40 points, or 0.20 percent, to 10,273.95.
Major losers were HDFC ltd, Asian Paints, HDFC Bank, Hind Unilever and Kotak Bank with losses of up to 1.66 percent.
State-run lenders continued their upward trend as PNB, SBI and Bank of Baroda rose up to 9.68 percent.
Healthy buying in state-run banks stocks lifted the indices to breach their respective intra-day and closing record highs on Wednesday.
According to market observers, the exponential rise in scrip prices of state-run banks was witnessed a day after the government had announced a massive scheme to recapitalise the sector and to boost the overall infrastructure spend.
The Sensex was up by 435.16 points or 1.33 percent at Wednesday`s closing. In the day`s trade, the barometer 30-scrip sensitive index had touched a high of 33,117.33 points and a low of 32,804.60 points. The Nifty too was up by 87.65 points or 0.86 percent.
With Agency Inputs
