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Profit bookings pull equity indices lower

Profit bookings pull equity indices lower

Mumbai, Oct 18 (IANS) The key Indian equity indices traded on a flat-to-negative note during the late afternoon session on Wednesday as low volumes and profit bookings eroded investors' risk-taking appetite.

According to market observers, heavy selling pressure was witnessed in the banking, automobile and healthcare stocks.

 

At 1.30 p.m., the 30-scrip Sensitive Index (Sensex) of the BSE traded lower by 32 points, or 0.10 per cent.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was down at 10,209.50 points -- lower by 24.95 points or 0.24 per cent.

The Sensex of the BSE, which opened at 32,518.56 points, traded at 32,577.11 points (at 1.30 p.m.) -- lower by 32.05 points or 0.10 per cent from Tuesday's close at 32,609.16 points.

The Sensex touched a high of 32,594.15 points and a low of 32,462.85 points in the intra-day trade so far.

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Profit bookings pull equity indices lower

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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