New Delhi, March 22 -- The Sensex reversed early gains and closed lower on Friday, as investors took to booking profit after gaining for eight straight sessions.
All sectors, except real estate index, on the NSE ended in the red. The Nifty banking index which touched an all-time high also succumbed to the overall decline.
Saurabh Jain of SMC Global said that Friday's decline is rather healthy. Investors booked profit after consecutive sessions of strong gain and we expect it to continue for two-three more sessions.
The BSE Sensex closed 222.14 points lower at 38,164.61 while the Nifty declined by 64.15 points or 0.56 per cent.
"Domestic market ended on a weak note as investors turned to profit booking given the sharp rally in last two ...