Mumbai Nov 2 (IANS) Key Indian equity indices on Thursday provisionally closed on a flat-to-negative note on the back of broadly negative global cues coupled with heavy selling pressure in automobile FMCG and oil and gas stocks.
According to market observers an upsurge in healthcare stocks with index heavyweights like Lupin Sun Pharma and Dr. Reddy s Lab in the lead helped trim losses.
The broader Nifty50 of the National Stock Exchange scaled a fresh intra-day high of 10 453 points and the barometer 30-scrip Sensitive Index (Sensex) of the BSE of 33 657.57 points.
On a closing basis (at 3.30 p.m.) the Nifty50 fell by 16.75 points or 0.16 per cent to 10 423.75 points.
The BSE Sensex provisionally closed at 33 573.22 points -- down 27.05 points or 0.08 per cent.
The BSE market breadth was bearish -- 1 420 declines and 1 337 advances.
On Wednesday the benchmark indices closed at record highs as positive global cues coupled with a strong rupee and robust buying activities in banking metals and FMCG stocks gave a boost to investor sentiments.
The Nifty50 closed at a fresh high of 10 440.50 points while the BSE Sensex closed at a new high of 33 600.27 points.
--IANS
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