Mumbai June 8 (IANS) The Indian equity markets on Thursday provisionally closed on a flat-to-negative note as weak global cues and heavy selling pressure in oil and gas IT and consumer durables stocks subdued investors sentiments.
Market observers pointed out that investors were cautious ahead of the general election in Britain and European Central Bank s policy review.
At 3.30 p.m. the Nifty of the National Stock Exchange (NSE) inched down by 16.65 points or 0.17 per cent to provisionally close at 9 647.25 points.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 316.91 points closed at 31 213.36 points -- down 57.92 points or 0.19 per cent from its previous close at 31 271.28 points.
It touched a high of 31 354.51 points and a low of 31 193.77 points during intra-day trade.
However the BSE market breadth was slightly bullish -- with 1 351 declines and 1 330 advances.
Dr. Reddy s Lab Sun Pharma and HDFC were the top gainers on the BSE while Gail Tata Consultancy Services (TCS) and Hero MotoCorp were the top losers.
--IANS
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Indian equities slip as global cues spook investors (Second Lead)
