Low volumes, profit booking subdue equity indices (Second Lead)

Mumbai Oct 17 (IANS) A day after touching record high levels the Indian equity indices closed on a flat note on Tuesday as low volumes and profit booking subdued investors sentiments.

According to market observers heavy selling pressure in the banking consumer durables and IT stocks led to the slide.

The 30-scrip Sensitive Index (Sensex) provisionally closed 24.48 points or 0.08 per cent lower during the day s trade.

However the wider 50-scrip Nifty of the National Stock Exchange (NSE) provisionally closed on a flat-to-positive note. It inched up by 3.60 points or 0.04 per cent to close at 10 234.45 points.

The Sensex of the BSE which opened at 32 654.41 points provisionally closed at 32 609.16 points (at 3.30 p.m.) lower by 24.48 points or 0.08 per cent from Monday s close at 32 633.64 points.

The Sensex touched a high of 32 699.86 points and a low of 32 556.74 points during the intra-day trade.

--IANS
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