In morning trade the 30-share index touched new all-time high of 22,620.65 points, for the ninth day in a row. However, the index could not sustain the momentum and succumbed to profit booking later.
The barometer closed down by 42.42 points, or 0.19 percent, to 22,509.07 points. It touched a low of 22,369.28 during the day. The broad-based Nifty of the National Stock Exchange eased by 16.45 points, or 0.24 percent, to 6,736.10, after climbing to record high of 6,776.75. It touched a low of 6,696.90 in the day.
Brokers said the market was in over bought position following recent record setting spree and fell on profit selling in banking stocks following a slide in bonds. They said the falling trend was partially checked as healthcare, FMCG and metal stocks gained on selective buying at the fag-end by retail investors.
In 30-BSE index components, 17 stocks declined led by Reliance Industries, ICICI Bank, Axis Bank, State Bank of India, HDFC Bank, Bajaj Auto, Bharti Airtel and BHEL.
Market supporters were Infosys, Cipla, Dr Reddy's Lab., Hindustan Unilever, Maruti Suzuki, Sun Pharma and Sesa Sterlite Industries.

The public sector undertaking sector inex suffered the most by losing 1.33 percent to 6,362.30 followed by banking index by 1.09 percent to 14,375.92. Oil and gas index lost 0.87 percent to 9,641,86 and capital goods index by 0.83 percent to 12,013.60.


Latest News  from Business News Desk