Profit booking subdues markets, Sensex closes 190 points down (Fourth Lead)

Mumbai, Oct 8 (IANS) Profit booking, coupled with caution over the upcoming quarterly results, subdued investor sentiment, leading to a barometer index of Indian equities to provisionally close 190 points down on Thursday.

The Indian equity markets, which had rallied for the past six consecutive sessions till Wednesday, receded following uncertainty over the upcoming Bank of England’s rate hike decision.

On Thursday, the wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the day’s trade in the red. It provisionally closed lower by 48.05 points or 0.59 percent at 8,129.35 points.

The barometer 30-scrip sensitive index (S&P Sensex) of the Bombay Stock Exchange (BSE), which opened at 27,116.86 points, provisionally closed at 26,845.81 points (3.35 p.m.) — 190.04 points or 0.70 percent down from its previous close at 27,035.85 points.

The Sensex touched a high of 27,120.11 points and a low of 26,762.36 points in the intra-day trade.

Related Posts

Leave a Reply