Mumbai Dec 5 (IANS) Broadly negative global cues along with heavy selling pressure in auto consumer durables and capital goods stocks pulled the key Indian equity indices lower during the mid-afternoon trade session on Tuesday.
Market observers said investors traded with caution ahead of the outcome of the Reserve Bank of India s (RBI) two-day policy review meet on Wednesday.
Around 1.10 p.m. the wider Nifty50 of the National Stock Exchange (NSE) traded lower by 49.15 points or 0.49 per cent at 10 078.60 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 32 814.03 points traded at 32 724.79 points -- down 144.93 points or 0.44 per cent -- from Friday s close.
The Sensex touched a high of 32 830.91 points and a low of 32 682.52 during the intra-day trade so far.
In contrast the BSE market breadth was bearish -- 1 641 declines and 846 advances.
On Monday the benchmark indices closed in the green with marginal gains as a surge in stocks of IT major Infosys kept market sentiments buoyed. However profit booking in banking and auto stocks capped gains.
The NSE Nifty50 inched up 5.95 points or 0.06 per cent to 10 127.75 points while the BSE Sensex closed at 32 869.72 points -- up 36.78 points or 0.11 per cent -- from Monday s close.
--IANS
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