Sensex, Nifty fall; TCS drags
The NSE Nifty fell on Friday after briefly trading above 9,900 for the first time as investors booked profits following a four-day winning streak, while Tata Consultancy Services Ltd
The benchmark BSE Sensex also retreated, falling below the 32,000 mark it breached for the first time on Thursday. But both indexes were up around 2 percent each for the week, their biggest weekly gains since mid-March.
Top Indian software services exporter TCS fell as much as 2.9 percent after the company on Thursday reported a 6 percent fall in consolidated quarterly net profit, missing estimates as a stronger rupee hit revenue.
Investors booked profits in financial stocks such as ICICI Bank Ltd
"At higher levels, you will find some kind of profit-booking. Broadly, the undertone is positive," said Siddharth Sedani, head and vice president, equity advisory at Anand Rathi.
The broader Nifty was down 0.24 percent at 9,867.90 as of 0624 GMT, after earlier hitting an all-time high of 9,913.3.
The benchmark Sensex was 0.17 percent lower at 31,981.91 after earlier touching a record high of 32,109.75.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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