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BREAKING NEWS

Weak global cues pull Indian equities lower (Second Lead)

18 Apr 2017

Mumbai April 18 (IANS) Bearish global cues coupled with a marginally weak rupee and heavy selling pressure in metal automobile and healthcare stocks pulled the Indian equity markets lower on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 34.15 points or 0.37 per cent to 9 105.15 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 487.78 points provisionally closed at 29 319.10 points (at 3.30 p.m.) -- down 94.56 points or 0.32 per cent from the previous close at 29 413.66 points.

The Sensex touched a high of 29 701.19 points and a low of 29 286.38 points during the intra-day trade.

The BSE market breadth was bearish -- with 1 769 declines and 1 120 advances.

On Monday the benchmark indices closed on a flat note as caution over upcoming monsoon update and the ongoing fourth quarter results season eroded investors risk-taking appetite.

--IANS
ppg/vt