Profit bookings subdue equity markets

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Mumbai, Aug 1 (IANS) Indian equity markets traded on a flat-to-positive note during the late-morning trade session on Tuesday.

According to market analysts, profit bookings capped gains after the key Indian equity indices — NSE Nifty and BSE Sensex — rose on expectations of a monetary policy easing and broadly positive global cues.

Besides, healthy quarterly results released on Monday had also enhanced investors risk taking appetite during the initial phase of the day’s trade.

The two key domestic indices opened higher on Tuesday with the BSE Sensex rising nearly 100 points, while the Nifty 50 index adding nearly 25 points so far during the intra-day trade.

At 11.45 a.m., the NSE Nifty inched-up by 6.15 points or 0.06 per cent to 10,083.25 points.

The BSE Sensex stood at 32,519.74 points — up by only 4.80 points or 0.01 per cent.

–IANS

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