Negative global cues subdue equity markets (Third Lead)

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Mumbai, May 6 (IANS) Negative global cues, coupled with profit booking and lower crude oil prices, subdued the Indian equity markets on Friday.

This led to key indices of the Indian equity markets provisionally ending the day’s trade flat — marginally in the red.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) closed lower by 2.05 points, or 0.03 percent, at 7,733.45 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,223.67 points, provisionally closed at 25,228.50 points (at 3.30 p.m.) — down 33.71 points or 0.13 percent from the previous close at 25,262.21 points.

The Sensex touched a high of 25,260.48 points and a low of 25,057.93 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bears — with 1,388 declines and 1,128 advances.

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Both the key Indian indices had ended on a positive note on Thursday. The barometer index had gained 160.48 points or 0.64 percent, while the NSE Nifty had closed higher by 29 points or 0.38 percent.



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