Mumbai Aug 7 (IANS) Despite positive global cues the Indian equity markets provisionally closed on a flat-to-negative note on Monday as investors booked profits.
Heavy selling pressure was observed in IT teck (technology media and entertainment) and consumer durables stocks.
At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 057.40 points -- down 9 points or 0.09 per cent -- from its previous session s close.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 32 377.80 points traded at 32 273.67 points -- down 51.74 points or 0.16 per cent -- from its previous close at 32 325.41 points.
The Sensex touched a high of 32 396.14 points and a low of 32 235.82 points during intra-day trade.
The BSE market breadth was bullish with 1 551 advances and 1 047 declines.
On Friday the benchmark indices closed in the green as broadly positive European markets and a surge in buying activities in consumer durables oil and gas and metal stocks lifted investors sentiments.
The Nifty50 closed higher by 52.75 points or 0.53 per cent at 10 066.40 points while the Sensex closed at 32 325.41 points -- up 87.53 points or 0.27 per cent.
--IANS
ppg/vt
