Global cues, profit book­ing sub­due Indian eq­uity indices

The Gulf Today - Business - - REGION -

MUMBAI: The key Indian eq­uity indices pro­vi­sion­ally closed in the red on Thurs­day as weak global indices and profit book­ing dented in­vestors sen­ti­ments.

The slide in key indices − S&P BSE Sen­sex and NSE Nifty50 − snapped their three-day gain­ing streak af­ter the US Fed­eral Re­serve hiked its bench­mark in­ter­est rates.

Ac­cord­ing to mar­ket ob­servers, heavy sell­ing pres­sure was wit­nessed in the IT, con­sumer durables and cap­i­tal goods stocks.

At 3.30 pm, the broader Nifty50 of the Na­tional Stock Ex­change (NSE) pro­vi­sion­ally closed at 10,808.05 points − down by 48.65 points or 0.45 per cent − from its pre­vi­ous close of 10,856.70 points.

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