The BSE benchmark index Sensex on Friday retreated from record high levels by losing over 188 points due to profit-booking in bluechips following disappointing quarterly earnings amid a weak global trend.
The 30-share index had climbed to all-time high of 22,939.31 at the outset. However, later weak quarterly earnings by bluechips fuelled profit-booking, pulling the barometer down by 188.47 points to close at 22,688.07 points.
The wide-based Nifty of the National Stock Exchange hit an intra-day record high of 6,869.85 before ending lower by 58.05 points to 6,782.75.
Among other major losers, ITC fell the most by 2.76 per cent, RIL by 2.01 per cent and Larsen& Toubro by 1.96 per cent. Hindustan Unilever, NTPC, ONGC and Sun Pharma also declined.
The oil and gas sector index suffered the most by losing 2.11 per cent to 9,605.77 followed by FMCG index by 2.02 per cent to 6,837.11. Capital goods index lost 1.34 per cent to 12,589.52 and power index by 1.06 per cent to 1,741.18.