Mumbai, June 9 (IANS) With negative global cues and surge in crude oil prices turning investors risk-averse, key Indian equity markets on Thursday provisionally closed the day’s trade in the red.
Heavy selling pressure was witnessed in the information technology (IT), fast moving consumer goods (FMCG) and automobile sectors.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) ended at 8,203.60 points — down 69.45 points or 0.84 per cent.
The BSE Sensex, which opened at 26,994.48 points, provisionally closed at 26,763.46 points (at 3.30 p.m.) — down 257.20 points or 0.95 per cent from the previous day’s close at 27,020.66 points.
During the intra-day trade, the Sensex touched a high of 26,994.91 points and a low of 26,692.35 points.
The BSE market breadth was tilted in favour of the bears — with 1,336 declines and 1,233 advances.
The S&P BSE IT index plunged by 251 points, followed by the FMCG index, which declined by 133.40 points; and the automobile index fell by 120.91 points.