Negative global cues subdue equities; healthcare, FMCG stocks plunge (Second Lead)

Mumbai Sep 6 (IANS) Negative global cues and heavy selling pressure in index heavyweights like Sun Pharma ITC Lupin and Axis Bank pulled key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- lower on Wednesday.

Sectorwise the S&P BSE healthcare FMCG and capital goods indices among others slipped into the negative zone.

The wider 51-scrip Nifty50 of the National Stock Exchange (NSE) fell by 36.70 points or 0.37 per cent to provisionally close at 9 915.50 points (at 3.30 p.m.).

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 713.50 points closed at 31 661.97 points -- down 147.58 points or 0.46 per cent from its previous close at 31 809.55 points.

The BSE market breadth however was slightly bullish with 1 331 advances and 1 238 declines.

The Sensex touched a high of 31 727.85 points and a low of 31 586.53 points during the day s trade.

On Tuesday the benchmark indices closed on a higher note as positive European markets and persistent purchasing by domestic institutional investors (DIIs) buoyed investors sentiments.

The Nifty50 closed at 9 952.20 points -- up 39.35 points or 0.40 per cent while the Sensex closed at 31 809.55 points -- up 107.30 points or 0.34 per cent.

--IANS
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