The Bombay Stock Exchange failed to hold early gains on Monday as the benchmark Sensex, after setting a record at 14,316.54, met with profit selling and closed with a loss of 70.76 points at 14,211.96.
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Similarly, the National Stock Exchange index Nifty set a record at 4167.15 before winding up at 4120.60, showing a fall of 27.10 points.
Trading activity was brisk as every rise in share prices attracted profit booking.