Markets’ 8-day gaining streak ends

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Indian markets fell from their record highs on Friday, on profit booking in key financial and metal stocks.

The BSE exchange’s 30-share benchmark Sensex ended at 26,127, down 145 points or 0.6% from its previous close. The National Stock Exchange’s Nifty closed at 7,790, down 40 points or 0.5%, after hitting an all-time of 7,840 during the day.

Foreign investors net-bought shares worth Rs 4,824 crore in the eight sessions between July 14 and 24. On Friday, foreign investors’ net purchase was muted, at Rs 125 crore.

Rupee closed at 60.1025/1125 per dollar, compared with 60.12/13 on Thursday. The unit hit 59.98 on Thursday, its strongest since 14 July.