Weak global cues subdue Indian equities (Second Lead)

Mumbai April 7 (IANS) Weak global cues and heavy selling pressure in banking healthcare and metal stocks pulled the Indian equity markets lower on Friday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) broke the important 9 200 mark and fell by 63.65 points or 0.69 per cent to 9 198.30 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 850.71 points provisionally closed at 29 706.61 points (at 3.30 p.m.) -- down 220.73 points or 0.74 per cent from the previous close at 29 927.34 points.

The Sensex touched a high of 29 886.12 points and a low of 29 668.45 points during the intra-day trade.

The BSE market breadth was bearish -- with 1 620 declines and 1 293 advances.

On Thursday the benchmark indices closed marginally in the red after the Reserve Bank of India (RBI) kept its interest rates unchanged in its first bi-monthly Monetary Policy Review of the 2017-18 fiscal.

--IANS
ppg/vt