Markets retreat from record highs, Sensex down 63 points

The market fell to 30,111.45, before finally settling at 30,188.15.

Update: 2017-05-12 11:00 GMT
The 50-issue Nifty breached the historic 11,000 level by gaining 56.80 points, or 0.51 per cent.

Mumbai: Taking a breather after a four-day rally, benchmark Sensex lost about 63 points today to come off its life high on profit-booking amid a mixed trend in global markets.

After resuming higher, the 30-share index advanced to the day's high of 30,299.74 on sustained buying by participants, including foreign funds. But it later fell to 30,111.45, before finally settling at 30,188.15, down 62.83 points, or 0.21 per cent.

The broader NSE Nifty too came off record highs to finish at 9,400.90, down 21.50 points, or 0.23 per cent.

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