Sensex takes 267-pt hit, Nifty slips from record high

Equities sank the most in six weeks as the Sensex crashed 267 points to close below 30,000 while the Nifty retreated from a life high amid a lower opening in Europe ahead of key US jobs data and slide in crude prices. The 30-share Sensex hit a low of 29,823.60 before settling at 29,858.80, down 267.41 points, or 0.89 per cent, its biggest single day fall since March 22 when it had lost 317.77 points.