Nifty Slips Below 8,900, Banking Stocks Slump

The BSE Sensex fell over 350 points after hitting a record high of 29,844.16 in early noon deals on Friday. The broader Nifty was down 100 points after coming close to taking out the key 9,000 levels for the first time as profit booking in banking, FMCG, metal and auto stocks scaled up.   Banking, auto, consumer durables, FMCG and healthcare stocks were the worst hit in trades on Friday. The Bank Nifty was the top sector...