Indian markets close flat on global cues

Mumbai, June 27 (IANS) Taking cues from their Asian peers, key Indian equity indices were on Monday trading flat while trying to recover from the hangover of last week’s Brexit vote.

The equity markets provisionally closed the day’s trade tad in the green after a volatile day of trade. Healthy buying was witnessed in stocks of healthcare, capital goods and consumer durables.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 26,347.81 points, provisionally closed at 26,402.96 points (at 3.30 p.m.) — up 5.25 points or 0.02 per cent, against the previous close at 26,397.71 points.

It touched a high of 26,493.51 points and a low of 26,262.72 points during the intra-day trade.

The BSE market breadth was skewed in favour of the bulls — with 1,816 advances and 792 declines.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up to 8,094.70 points — up 6.10 points or 0.08 per cent.

On Friday, the equity markets had plummetted on the back of negative global cues and a sharp drop in rupee’s value. The barometer index had plunged by 604.51 points or 2.24 per cent, while the NSE Nifty dropped by 181.85 points or 2.20 per cent.

–IANS

ppg/vt

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