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Negative global cues dent equity markets (Third Lead) | Canindia News

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Negative global cues dent equity markets (Third Lead)

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CanIndia New Wire Service 0 comments

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Mumbai, April 25 (IANS) Negative global cues, coupled with unwinding of long positions, depressed the Indian equity markets on Monday.

This led the key indices of the Indian equity markets to provisionally end the day’s trade in the red.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) edged lower by 44.25 points or 0.56 percent, at 7,855.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,891.03 points, provisionally closed at 25,678.93 points (at 3.30 p.m.) — down 159.21 points, or 0.62 percent, from the previous close at 25,838.14 points.

The Sensex touched a high of 25,891.03 points and a low of 25,585.93 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bears — with 1,532 declines and 1,083 advances.

Both the key indices had ended on a flat-to-negative note during the previous trade session on April 22. The barometer index had closed lower by 74 points or 0.29 percent, while the NSE Nifty slipped by 24 points or 0.30 percent.

–IANS

rv/vt

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