Mumbai April 19 (IANS) Indian equity markets provisionally closed on a flat note on Wednesday as heavy selling pressure was witnessed in banking healthcare and IT stocks.
Besides investors sentiments were hampered by weak global cues and the ongoing fourth quarter results season.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down by 1.65 points or 0.02 per cent to 9 103.50 points.
On the other hand the barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 369.90 points provisionally closed at 29 336.57 points (at 3.30 p.m.) -- up 17.47 points or 0.06 per cent from the previous close at 29 319.10 points.
The Sensex touched a high of 29 388.25 points and a low of 29 241.48 points during the intra-day trade.
The BSE market breadth was bullish -- with 1 611 advances and 1 218 declines.
On Tuesday the benchmark indices were pulled to their lowest levels in three weeks by bearish global cues on the back of rising geo-political tensions coupled with huge outflow of foreign funds.
--IANS
ppg/vt
Indian equities close flat, banking stocks recede (Second Lead)
