Profit booking subdues Indian equity indices, banking stocks down

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Mumbai, Aug 7 (IANS) Profit booking, along with concerns over a rise in global protectionist measures, subdued the Indian equity indices on Tuesday.

According to market observers, heavy selling pressure was witnessed in oil and gas, banking and healthcare stocks.

The 30-scrip Sensitive Index (Sensex) closed the day’s trade at 37,665.80 points, down by 26 points and 0.07 per cent from its previous close.

In contrast, the broader 50-scrip Nifty of the National Stock Exchange (NSE) closed on a flat-to-positive note. It closed at 11,389.45 points, up by just 2.35 points or 0.02 per cent.



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