Sensex loses 267 pts, Nifty ends below 9300 on profit booking

Equity benchmarks erased previous day's gains, up nearly a percent on profit booking in banks, oil and metals stocks.

The 30-share BSE Sensex was down 267.41 points at 29,858.80 and the 50-share NSE Nifty slipped 74.60 points to 9,285.30.

Buzzing: The stock price of Avenue Supermarts, the operator of retail chain D-Mart, hit a record high of Rs 814, up 5.3 percent intraday Friday ahead of its first quarterly earnings due on May 6.

The Street will closely watch its March quarter earnings, especially after bumper listing on March 21. The stock shot up 172 percent from its issue price of Rs 299 and gained more than 30 percent from listing price of Rs 600.

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