Thu close: Sensex ends 143 pts down

Market observers say offloading of positions at higher levels by funds and investors led to a fall in stock prices.

After touching an intra-day record high of 14,060 points, the Bombay Stock Exchange's benchmark Sensex succumbed on Thursday to mid-way profit booking and lost over 143 points.

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The 30-share Sensex, which rose by 155 points in previous day's trading, closed 143.21 at 13,871.71 on emergence of selling by funds in heavy-weight blue-chip stocks.

The second wide-based National Stock Exchange index Nifty also lost 35.25 points at 3988.80, after remaining in positive zone at the outset.