Sensex slips from record high on profit-booking

The benchmark BSE Sensex fell from record high by losing over 35 points in morning trade on Friday as participants booked profits amid a weak trend in other Asian markets.

Stocks of oil & gas, FMCG, capital goods, auto and metal sectors led the fall.

The 30-share index Sensex, which had gained 118.17 points in the previous session, lost 35.58 points, or 0.16%, to 22,840.96 in early trade on Friday. Similarly, the National Stock Exchange Nifty declined by 4.20 points, or 0.06%, to Rs 6,836.60.

The stock market was closed on Thursday for the Lok Sabha polls in Mumbai.

Besides profit-booking by speculators amid a weak trend in the other Asian markets mainly influenced the sentiment, brokers said. Among other Asian markets, Hong Kong's Hang Seng was down 0.17% while Japan's Nikkei fell 0.24% in early trade on Friday.