Sensex slips from record high on profit-booking

The benchmark BSE Sensex fell from record high by losing over 35 points in morning trade today 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 per cent, to 22,840.96 in early trade today.

Similarly, the National Stock Exchange Nifty declined by 4.20 points, or 0.06 per cent, to Rs 6,836.60.

The stock market was closed yesterday for 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 per cent while Japan's Nikkei fell 0.24 per cent in early trade today.