The S&P BSE benchmark Sensex snapped a three-week strong winning spree and dropped 476 points due to profit-booking from operators in view of expiry of the futures and options May contract and ahead of the Reserve Bank of India's policy review meet next week.Market sentiment remained weak as overseas investors were net sellers in the first four sessions of the week.
The Sensex resumed higher at 24,693.89 and once again crossed 25,000 mark to quote at 25,175.22 on strong initial buying before the swearing-in of Narendra Modi as Prime Minister on Monday.
The 30-share index, however, declined afterwards to 24,163.62 on profit-booking before finishing the week at 24,217.34, showing a loss of 476.01 points, or 1.93 per cent over the previous week's close.
In the last three weeks, the key BSE barometer had gained a whopping 2,289.46 points, or 1 ..
Source: Latest Business News
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