Domestic political uncertainty subdues equity indices (Second Lead)

Mumbai July 18 (IANS) Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday.
According to market observers profit booking in mid-and-small-cap stocks also subdued the equity indices.
Index-wise the broader Nifty50 of the National Stock Exchange (NSE) closed at 10 980.45 points -- lower by 27.60 points or 0.25 per cent -- from its previous close.
The barometer 30-scrip Sensitive Index (Sensex) which opened at 36 722.41 points closed at 36 373.44 points -- lower by 146.52 points or 0.40 per cent -- from its previous session s close of 36 519.96 points.
The barometer index fell after it touched a fresh all-time high of 36 747.87 points. The index had dipped to a low of 36 320.92 points during the intra-day trade.
On Tuesday -- the previous trade session -- both the indices had made gains on the back of a slide in global crude oil prices along with expectations of fund infusion into public sector banks.

--IANS rv/sed