Caution over RBI s policy review subdues equity indices (Second Lead)
According to market observers heavy selling pressure was witnessed in the capital goods consumer durables and IT stocks.
Around 3.30 p.m. the broader Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 593.15 points -- down by 35.35 points or 0.33 per cent -- from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 35 029.45 points provisionally closed at 34 927.09 points -- lower by 84.80 points or 0.24 per cent -- from its previous session s close of 35 011.89 points.
Sensex touched a high of 35 073.12 points and a low of 34 784.68 points during the intra-day trade.
On Monday -- the previous trade session -- both the indices closed in the negative territory as caution prevailed over the Reserve Bank of India s second monetary policy review.
Consequently the NSE Nifty50 closed at 10 628.50 points -- lower by 67.70 points or 0.63 per cent -- from the previous close.
Similarly the barometer S&P BSE Sensex settled in the red. It had opened at 35 503.24 points and closed at 35 011.89 points 215.37 points or 0.61 per cent lower from the previous session s close at 35 227.26 points.
--IANS rv/tsb