Equity markets trade lower, metal stocks recede

Mumbai April 19 (IANS) The Indian equity markets traded on a negative-to-flat note during the early morning trade session on Wednesday.

According to market observers heavy selling pressure witnessed in metal banking and automobile stocks dragged the equity markets lower.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched-down by 10.45 points or 0.11 per cent to 9 094.70 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 369.90 points traded at 29 295.64 points (around 9.30 a.m.) -- lower by 23.46 points or 0.08 per cent from the previous close at 29 319.10 points.

The Sensex has so far touched a high of 29 373.55 points and a low of 29 266.72 points during the intra-day trade.

--IANS
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