Profit booking, global cues subdue equity indices

Profit booking, along with broadly negative Asian markets, subdued the key indices of the Indian equity market on Friday.

Market observers pointed out that the heavy selling pressure in banking, capital goods, metal, FMCG and automobile stocks depressed the key indices.

Index-wise, the 30-scrip Sensitive Index (Sensex) provisionally closed lower by 19.41 points or 0.05 per cent.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also settled in the negative territory. It edged lower by 13.65 points or 0.13 per cent to provisionally close at 10,754.70 points.

The S&P BSE Sensex, which opened at 35,406.47 points, provisionally closed at 35,443.67 points, 19.41 points or 0.05 per cent lower from the previous day's close at 35,463.08 points.

The Sensex touched a high of 35,484.94 points and a low of 35,260 points during the intra-day trade.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel