Parliament logjam subdues equity markets (Third Lead)

Mumbai, April 27 (IANS) The logjam in parliament, coupled with caution ahead of US monetary policy review and mixed Asian indices, depressed the Indian equity markets on Wednesday.

Consequently, the key indices of the Indian equity markets provisionally closed flat — marginally up.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) inched up 16.45 points or 0.21 percent, at 7,979.10 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 25,956.42 points, provisionally closed at 26,064.12 points (at 3.30 p.m.) — up 56.82 points or 0.22 percent from the previous close at 26,007.30 points.

The Sensex touched a high of 26,092.93 points and a low of 25,885.24 points during the intra-day trade.

The BSE market breadth was slightly tilted in favour of the bears — with 1,287 declines and 1,275 advances.

–IANS

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