The benchmark Bombay Stock Exchange (BSE) index Sensex on Friday retreated from record highs by falling over 340 points in afternoon trade.
The 30-share BSE barometer was plunged by 343.23 points (or 1.16 per cent) to 29,338.54 at 12:30 pm.
Earlier in the day, it touched a fresh record high of 29,844.16, rising by 162.39 points (or 0.54 per cent). The Sensex broke its previous record of 29,786.32 touched on January 28.