Mumbai: The BSE Sensex opened above the psychological mark of 47,000 for the first time on Friday. It, however, could not hold on to the gains and turned negative in the next few minutes. It opened at an all-time high of 47,026.02 points.Also Read - Global Markets Crash Amidst Fear Of War Between Ukraine And Russia

Around 9.40 a.m., Sensex was trading at 46,752.93, lower by 137.41 points or 0.29 per cent from its previous close of 46,890.34. Also Read - Share Market India: Sensex Surges 533 Points To Close At 61,150, Nifty Over 18,200. Mahindra & Mahindra And Bharti Airtel Led The Rally

The Nifty50 on the National Stock Exchange was trading at 13,696.75, higher by 43.95 points or 0.32 per cent from its previous close. Also Read - Share Market LIVE News: Sensex Gains 367 Points, Ends Above 60,000, Nifty Closes Above 17,900. Bank Shares Shine, IT Shares Fall

Investors took to profit booking on Friday after the recent record run in the market.

Heavy selling was witnessed in banking, finance, metal and oil and gas stocks.