Global cues subdue equity indices; metal stocks fall (Second Lead)
According to market analysts heavy selling was witnessed in the metal consumer durables and IT stocks.
At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 799.85 points down 17.85 points or 0.17 per cent from the previous close of 10 817.70 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 35 698.43 points closed at 35 548.26 points (3.30 p.m.) -- down 73.88 points or 0.21 per cent from its previous session s close of 35 622.14 points.
The Sensex touched a high of 35 721.55 points and a low of 35 518.73 points. The BSE market breadth was bearish with 1 709 declines and 934 advances.
The top gainers on the Sensex were ICICI Bank Tata Motors Tata Motors (DVR) Bajaj Auto and Maruti Suzuki whereas Vedanta Kotak Bank Bharti Airtel Coal India and Axis Bank were the major losers.
On the NSE Hindustan Petroleum Indian Oil Corp and ICICI Bank were the highest gainers while Hindalco Industries Tata Steel and Vedanta lost the most.
--IANS rrb/him/vm