Mumbai May 4 (IANS) The key Indian equity indices provisionally closed lower on Friday following broadly negative global cues such as high crude oil prices and geo-political tensions in the Middle East.
According to market observers heavy selling pressure was witnessed in the auto healthcare and metal stocks.
At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 618.25 points down by 61.40 points or 0.57 per cent from the previous close.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 35 144.96 points closed at 34 915.38 points (3.30 p.m.) - down 187.76 points or 0.53 per cent -- from its previous session s close.
The Sensex touched a high of 35 206.55 points and a low of 34 847.61 points.
The BSE market breadth was bearish with 1 575 declines and 1 121 advances.
The major gainers during the day on the BSE were Adani Ports Hindustan Unilever HDFC Bank Power Grid and IndusInd Bank while Sun Pharma ITC Bajaj Auto Yes Bank and Axis Bank were the major losers.
On the NSE the top gainers were Adani Ports GAIL and Tech Mahindra. The major losers were Sun Pharma ITC and Bajaj Auto.
On Thursday the equity indices had ended in the red due to disappointing quarterly results along with heavy selling pressure in capital goods IT and FMCG stocks.
The Nifty50 had closed at 10 679.65 points -- down 38.40 points or 0.36 per cent -- from the previous session s close while the Sensex closed at 35 103.14 points -- down 73.28 points or 0.21 per cent -- from its previous close.
--IANS
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