In­dian eq­uity in­dices dragged lower by global cues, health­care stocks

Muscat Daily - - BUSINESS -

Mum­bai, In­dia - Neg­a­tive global cues on the back of geo-po­lit­i­cal ten­sions, cou­pled with heavy sell­ing pres­sure in health­care, au­to­mo­bile and banking stocks, pulled the key In­dian eq­uity in­dices lower on Wed­nes­day.

The NSE Nifty 50 of the Na­tional Stock Ex­change (NSE) slipped by 70.5 points or 0.71 per cent to pro­vi­sion­ally close at 9,908.05 points.

The 30-scrip Sen­si­tive In­dex (Sensex) of the BSE, too, slipped be­low the 32,000-level.

The Sensex, which opened at 31,926.14 points, closed at 31,797.84 points - down 216.35 points, or 0.68 per cent from its pre­vi­ous close at 32,014.19 points.

It touched a high of 31,967.28 points and a low of 31,731.91 points dur­ing the in­tra-day trade.

The BSE mar­ket breadth was skewed in favour of bears - with 1,982 de­clines and 598 ad­vances.

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