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Sensex, Nifty End Choppy Session Lower

Indian shares ended Friday's session lower to snap a three-day record-breaking streak as investors booked profits in recent outperformers.

The benchmark 30-share BSE Sensex fell as much as 866 points from record high to end the session down 125.27 points, or 0.21 percent, at 59,015.89.

The broader NSE Nifty index touched a record high of 17,792.95 before reversing direction to settle at 17,585.15, down 44.35 points, or 0.25 percent, from its previous close.

Metal stocks led losses, with Hindalco, Coal India and Tata Steel losing 2-4 percent as iron ore prices continued to collapse in international markets on concerns over weaker demand.

SBI and TCS both fell about 2 percent.

Kotak Mahindra Bank shares surged 5.6 percent after the lender announced the acquisition of German carmaker Volkswagen's captive vehicle finance business for an undisclosed sum.

Maruti Suzuki, Eicher Motors, Bharti Airtel and HDFC Bank all rose over 1 percent.

Airline SpiceJet rallied 3.4 percent and InterGlobe Aviation jumped 11 percent after regulatory data showed that passenger growth jumped 136.6 percent last month.

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