Mumbai May 2 (IANS) Despite positive global cues and healthy domestic macro-economic data Indian equity markets provisionally closed in the negative on Tuesday as heavy selling pressure was witnessed in healthcare and capital goods stocks.
The barometer 30-scrip BSE Sensitive index (Sensex) slipped below the psychologically important 30 000-point mark however the wider NSE Nifty retained its position above the 9 300-point level.
Besides investors were cautious ahead of the two-day US Federal Open Market Committee meet scheduled to start later in the evening.
The 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 9.75 points or 0.10 per cent at 9 313.80 points.
The BSE Sensex which opened at 30 021.49 points provisionally closed at 29 921.18 points (at 3.30 p.m.) -- up a tad 0.64 points or 0.01 per cent from its previous close at 29 918.40 points.
The Sensex touched a high of 30 069.24 points and a low of 29 804.12 points during the intra-day trade.
The BSE market breadth was bearish -- with 1 535 declines and 1 358 advances.
Last week the benchmark indices closed on a lower note on the back of huge outflow of foreign funds and weak global cues.
The NSE Nifty fell by 38.10 points or 0.41 per cent to close at 9 304.05 points while the Sensex closed at 29 918.40 points -- down 111.34 points or 0.37 per cent.
--IANS
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Indian equities close in red, Sensex below 30,000-mark (Second Lead)
