Geo-political concerns pull Indian equities lower (Second Lead)

Mumbai April 10 (IANS) Global geo-political tensions a weak rupee and selling pressure in IT consumer durables and Teck (technology media and entertainment) stocks pulled the domestic equity markets lower on Monday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 16.85 points or 0.18 per cent to 9 181.45 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 752.62 points provisionally closed at 29 575.74 points (at 3.30 p.m.) -- down 130.87 points or 0.44 per cent from the previous close at 29 706.61 points.

The Sensex touched a high of 29 831.32 points and a low of 29 553.04 points during the intra-day trade.

In contrast the BSE market breadth was bullish -- with 1 746 advances and 1 142 declines.

On Friday the NSE Nifty fell by 63.65 points or 0.69 per cent at 9 198.30 points and the BSE Sensex closed at 29 706.61 points -- down 220.73 points or 0.74 per cent.

--IANS
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