Mumbai Dec 12 (IANS) Key Indian equity indices on Tuesday were dragged lower by heavy selling pressure in interest sensitive stocks like banking auto and capital goods.
According to market observers investors traded with caution ahead of the release of macroeconomic data points -- the Consumer Price Index (CPI) and Index of Industrial Production (IIP) data -- to be released later during the day.
The wider Nifty50 of the National Stock Exchange (NSE) edged lower by 82.10 points or 0.80 per cent to provisionally close (at 3.30 p.m.) at 10 240.15 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 33 426.59 points traded at 33 227.99 points -- down 227.80 points or 0.68 per cent -- from its previous close.
The Sensex touched a high of 33 458.41 points and a low of 33 179.75 points during the intra-day trade so far.
The BSE market breadth was bearish -- 1 684 declines and 997 advances.
Coal India Hero MotoCorp Cipla Tata Steel and Tata Consultancy Services were amongst the top laggards on the BSE market breadth.
On Monday the key indices closed on a higher note as positive global cues alongwith healthy buying in auto IT and healthcare stocks lifted market sentiment.
The NSE Nifty50 edged higher by 56.60 points or 0.55 per cent to close at 10 322.25 points while the BSE Sensex closed at 33 455.79 points -- up 205.49 points or 0.62 per cent.
--IANS
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