Indian Equities Pares Losses, Close Flat
MUMBAI: Indian equity markets provisionally closed on a flat-to-negative note on Tuesday, with heavy selling pressure witnessed in healthcare, banking and automobile stocks.
A strong rupee and broadly positive global cues aided the key indices to pare some losses and close the day on a flat note.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) was a tad lower by 5.35 points or 0.06 pct at 9,121.50 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,525.88 points, provisionally closed at 29,485.45 points (at 3.30 p.m.) -- down 33.29 points or 0.11 pct from the previous close at 29,518.74 points.
The Sensex touched a high of 29,585.05 points and a low of 29380.14 points during the intra-day trade.
The BSE market breadth was tilted in favour of the bears -- with 1,689 declines and 1,096 advances.
On Monday, the benchmark indices closed lower on the back of broadly negative global cues and sector-specific selling pressure.
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