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Profit booking subdues equity indices (Second Lead)

Wednesday - January 3, 2018 4:06 pm , Category : BUSINESS
 Profit booking subdues equity indices (Second Lead)
Profit booking subdues equity indices (Second Lead)

Mumbai Jan 3 (IANS) The key indices of the Indian equity market closed Wednesday s trade session on a flat note after investors booked profit in automobile healthcare and oil and gas stocks.



According to market analysts profit booking pared the initial gains made on the back of positive Asian markets.

Consequently the 30-scrip S&P BSE Sensex which had ended the previous session at 33 812.26 points provisionally closed at 33 793.38 points down a mere 18.88 points or 0.06 per cent.

At 3.30 p.m. the National Stock Exchange s (NSE) Nifty50 was quoted at 10 443.20 points inching up by 1 point or 0.01 per cent.

On Tuesday also both the key indices closed on a flat note after volatility was induced due to caution ahead of upcoming quarterly earning results as well as profit booking.

Consequently the S&P BSE Sensex closed flat at 33 812.26 points while NSE Nifty50 closed on a flat note at 10 442.20 points up by a mere 6.65 points or 0.06 per cent.

--IANS
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