Geo-political tensions drag equity markets lower

Mumbai Sep 26 (IANS) Key Indian equity indices traded on a flat-to-negative note during the early morning trade session on Tuesday as rising geo-political tensions in the Korean Peninsula dented investors risk-taking appetite.

According to market observers broadly negative Asian indices and subdued domestic growth outlook too dragged the key indices lower.

At 9.50 a.m. the 30-scrip Sensitive Index (Sensex) traded 23 points or 0.07 per cent lower.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading at 5.50 points or 0.06 per cent lower at 9 867.10 points.

The Sensex of the BSE which opened at 31 685.81 points traded at 31 603.66 points (at 9.50 a.m.) lower 22.97 points or 0.07 per cent from the previous day s close at 31 626.63 points.

The Sensex touched a high of 31 693.59 points and a low of 31 567.51 points in the trade so far.

--IANS
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