Sensex slips from record high, Nifty50 ends below 11,350

The 30-share BSE Sensex, which had rallied to a fresh lifetime high of 37,711.87 in early trade, dived after the RBI announced its policy decision. It staged a bounce-back in late afternoon session, but finally closed lower by 84.96 points, or 0.23 per cent, at 37,521.62 points. The gauge had gained 1,110.21 points in the previous seven record-setting sessions. The broader 50-issue NSE Nifty too slipped from its record high, shedding 10.30 points or 0.09 per cent to end at 11,346.20. Intra-day, it shuttled between 11,390.55 and 11,313.55. (Text: PTI)