Mumbai: The market benchmark BSE Sensex hit a soft patch for the second day running as it retreated from record highs to close below the 30,000-mark on Friday after investors pocketed gains ahead of an extended weekend.
However, indices still registered their biggest gain in six weeks on widespread buying and improving risk appetite. The Nifty managed to stay above the psychologically- crucial 9,300. The 30-share Sensex opened higher, but failed to hold on to the 30,000-level, touching an intra-day low of 29,848.21 as investors booked profits in recent gainers.