After a flat start, the Indian stocks moved up a bit Friday morning, lifting the benchmark indexes Sensex and the Nifty50 to fresh record highs, but changed course and kept drifting lower as the day progressed as investors chose to take some profits amid a lack of any significant triggers.
The BSE benchmark Sensex, which hit a new all-time high at 85,978.25, ended the day with a loss of 264.27 points or 0.31% at 85,571.85, while the broader Nifty50 index of the National Stock Exchange settled with a loss of 37.10 points or 0.14% at 26,178.95, after hitting a new high at 26,277.35.
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