Sensex, Nifty tumble after four days of record rally on profit-taking, weak global peers

MUMBAI: Equity benchmark indices Sensex and Nifty tumbled on Friday as investors preferred to book profits after four days of record-breaking rally and weak trends from global markets.

Fall in blue-chip Reliance Industries also dragged the benchmarks lower.

The 30-share BSE Sensex hit its new all-time high of 81,587.76 in the initial trade but failed to carry forward the winning momentum and tanked 738.81 points or 0.91 per cent to settle below the 81,000-mark at 80,604.65. During the day, it plunged 844.36 points or 1.03 per cent to 80,499.10.