Mumbai June 23 (IANS) The Indian equity markets provisionally closed in the red on Friday as broadly negative global cues coupled with caution ahead of the Goods and Services Tax (GST) implementation and heavy selling pressure subdued investor sentiments.
The wider Nifty of the National Stock Exchange (NSE) fell by 55.05 points or 0.57 per cent to provisionally close at 9 574.95 points.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 352.57 points provisionally closed at 31 138.21 points -- down 152.53 points or 0.49 per cent from its previous close at 31 290.74 points.
The Sensex touched a high of 31 365.39 and a low of 31 110.39 points during intra-day trade.
On Thursday the domestic equity markets closed on a flat note as investors booked profits.
The NSE Nifty slipped by 3.60 points or 0.04 per cent to 9 630 points while the Sensex closed at 31 290.74 points -- up a mere 7.10 points or 0.02 per cent.
--IANS
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Selling pressure, caution over GST dent equity markets (Second Lead)