Mumbai May 31 (IANS) The Indian equity markets provisionally closed on a flat-to-negative note on Wednesday after scaling fresh record intra-day highs.
According to market analysts investors were cautious ahead of the release of India s quarterly estimates of GDP eight core industries (ECI) and fiscal deficit data.
The wider 51-scrip NSE Nifty touched a new intra-day high of 9 649.60 points and the 30-scrip Sensitive Index (Sensex) of the BSE reached 31 255.28 points.
However the NSE Nifty provisionally closed 3.30 points or 0.03 per cent down at 9 621.25 points.
The BSE Sensex which opened at 31 222.51 points provisionally closed at 31 145.80 points (at 3.30 p.m.) -- down 13.60 points or 0.04 per cent from its previous close of 31 159.40 points.
The BSE market breadth however was bullish -- with 1 384 advances and 1 284 declines.
On Tuesday the Sensex closed at 31 159.40 points after scaling a intra-day high of 31 220.38 points. The Nifty closed at a new high of 9 624.55 points.
--IANS
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Equity markets slip on caution ahead of macro data (Second Lead)
