Sensex continues retreat from record; Kotak surges
Sensex is down by 0.2 per cent and Nifty fell by 1.16 per cent
Mumbai: The BSE Sensex and Nifty were trading lower on Thursday as markets continued to consolidate after hitting record highs on Wednesday.
The BSE Sensex was down 0.2 per cent while the Nifty fell 1.16 per cent. Blue-chips led the falls on profit-taking. Tata Motors was down 1.3 per cent, HDFC Bank fell by 1.5 per cent.
Kotak Mahindra Bank surged 5.6 per cent, ING Vysya Bank rose 6.2 per cent on speculation it will be acquired by Kotak.
( Source : reuters )
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