Mumbai, Aug 8 (IANS) Broadly negative global cues, coupled with heavy selling pressure in banking, oil and gas, and healthcare stocks dragged the key Indian equity indices — the BSE Sensex and the NSE Nifty50 — lower to provisionally close on a subdued note on Tuesday.
The NSE Nifty50, which closed above the psychologically important 10,000-point mark for the first time on July 26, slipped to below that level by the day’s close as investors booked profits.
On July 25, the Nifty climbed the 10,000-point mark for the first time in its almost 22-year history.
At 3.30 p.m., the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 9,978.55 points — down 78.85 points or 0.78 per cent — from its previous session’s close.
The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,341.05 points, closed at 32,014.19 points — down 259.48 points, or 0.80 per cent — from its previous close at 32,273.67 points.
The Sensex touched a high of 32,354.77 points and a low of 31,915.20 points during the intra-day trade.
The BSE market breadth was skewed in favour of bears — with 1,985 declines and 600 advances.
On Monday, the benchmark indices traded rangebound and closed on a flat-to-negative note.
The Nifty50 fell by 9 points or 0.09 per cent at close at 10,057.40 points, while the Sensex closed at 32,273.67 points — down 51.74 points, or 0.16 per cent.