Mumbai May 24 (IANS) Negative global cues and heavy selling pressure in capital goods healthcare and metal stocks pulled the Indian equity markets lower on Wednesday.
Besides a flat rupee coupled with caution ahead of derivatives expiry capped gains.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 16.40 points or 0.17 per cent to provisionally close at 9 369.75 points.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 30 446.77 points provisionally closed at 30 301.64 points (at 3.30 p.m.) -- down 63.61 points or 0.21 per cent from its previous close at 30 365.25 points.
The Sensex touched a high of 30 534.15 points and a low of 30 247.60 points during intra-day trade.
The BSE market breadth was bearish -- with 2 019 declines and 700 advances.
On Tuesday the Nifty closed at 9 386.15 points -- down 52.10 points or 0.55 per cent while the Sensex tanked over 200 points or 0.67 per cent to close at 30 365.25 points.
--IANS
ppg/vt
Global cues, selling pressure pull Indian equities lower (Second Lead)
