Global cues, oil prices drag equity indices lower

Mumbai, Dec 10 (IANS) Broadly negative Asian stock exchanges along with a rise in global crude oil prices and domestic political uncertainty pulled the key indices of the Indian equity market lower during the morning trade session on Monday. According to market observers, heavy selling was witnessed in all sector based indices of the BSE. Around 10.05 a.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,512.30 points -- down by 181.40 points or 1.70 per cent -- from its previous close. The barometer 30-scrip Sensitive Index (Sensex), which opened at 35,204.66 points, traded at 35,099.54 points -- lower by 573.71 points or 1.61 per cent -- from its previous session's close of 35,673.25 points.