Profit booking dents equity markets

Mumbai, Sep 23 (IANS) Profit booking, along with negative global cues suppressed the Indian equity markets on Friday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) slipped by 35.90 points or 0.40 per cent to 8,831.55 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,810.32 points, provisionally closed at 28,668.22 points (at 3.30 p.m.) — down 104.91 points or 0.36 per cent from the previous close at 28,773.13 points.

The Sensex touched a high of 28,825.09 points and a low of 28,627.38 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bears — with 1,496 declines and 1,166 advances.

On Thursday, both the key indices had made gains of around a per cent each on the back of positive global cues, fresh inflow of foreign funds, healthy macro economic data and a strong rupee.

The barometer index had gained 265.71 points or 0.93 per cent to 28,773.13 points, while the NSE Nifty by 90.30 points or 1.03 per cent to 8,867.45 points.

–IANS

ppg-rv/vt

Related Posts

Leave a Reply