Indian Shares Retreat from Record Highs on Profit-Taking

Published: 11th April 2014 04:18 PM  |   Last Updated: 11th April 2014 04:18 PM   |  A+A-

Indian shares fell on Friday, retreating from record highs hit in the previous session as blue chips such as Reliance Industries retreated ahead of quarterly earnings and inflation data due next week.

Sentiment was also hit by a slide in global shares as steep falls in U.S. technology and biotechnology stocks spread to other sectors and regions.

Reliance Industries provisionally fell 1.8 percent, while Larsen & Toubro ended lower 1.4 percent.

The benchmark BSE index provisionally closed 0.46 percent lower, while the broader NSE index lost 0.4 percent.

Stay up to date on all the latest Business news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp