Profit booking subdues equity indices (Second Lead)
Friday - June 1, 2018 4:50 pm ,
Category : BUSINESS
Profit booking subdues equity indices (Second Lead)
Mumbai June 1 (IANS) The key Indian equity indices provisionally closed in the red as traders booked profits after the indices surged over one per cent in the previous session.
According to market analysts heavy selling pressure was witnessed in banking IT and metal stocks.
At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 696.20 points down 39.95 points or 0.37 per cent from the previous close of 10 736.15 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 35 373.98 points closed at 35 227.26 points (3.30 p.m.) -- down 95.12 points or 0.27 per cent -- from its previous session s close of 35 322.38 points.
The Sensex touched a high of 35 438.22 and a low of 35177.35 points. The BSE market breadth was bearish with 1 984 declines against 795 advances so far.
The major gainers on the BSE were Bajaj Auto Maruti Suzuki Bharti Airtel Tata Motors (DVR) and Hero MotoCorp while Tata Steel ONGC Mahindra and Mahindra (M&M) Hindustan Unilever and IndusInd Bank were the major losers.
On the NSE the top gainers were Bajaj Auto Maruti Suzuki and Bharti Airtel while Bajaj Finserv ONGC and Eicher Motors.
--IANS rrb-rv/bg
According to market analysts heavy selling pressure was witnessed in banking IT and metal stocks.
At 3.30 p.m. the wider Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10 696.20 points down 39.95 points or 0.37 per cent from the previous close of 10 736.15 points.
Similarly the barometer 30-scrip Sensitive Index (Sensex) of the BSE which had opened at 35 373.98 points closed at 35 227.26 points (3.30 p.m.) -- down 95.12 points or 0.27 per cent -- from its previous session s close of 35 322.38 points.
The Sensex touched a high of 35 438.22 and a low of 35177.35 points. The BSE market breadth was bearish with 1 984 declines against 795 advances so far.
The major gainers on the BSE were Bajaj Auto Maruti Suzuki Bharti Airtel Tata Motors (DVR) and Hero MotoCorp while Tata Steel ONGC Mahindra and Mahindra (M&M) Hindustan Unilever and IndusInd Bank were the major losers.
On the NSE the top gainers were Bajaj Auto Maruti Suzuki and Bharti Airtel while Bajaj Finserv ONGC and Eicher Motors.
--IANS rrb-rv/bg
