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Indian Equity Markets Provisionally Close Flat

Wednesday, 24 August 2016, 00:07 IST
By IANS
25
24
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MUMBAI: Indian equity markets, after trading in the negative territory on Tuesday, provisionally closed the day's trade flat -- marginally in the green.



Healthy buying was witnessd in information technology (IT) and technology, media and entertainment (TECK) stocks.



The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up 3.45 points, or 0.04 per cent to 8,632.60 points.



The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,012.56 points, provisionally closed at 27,990.21 points (at 3.30 p.m.) -- up 4.67 points, or 0.02 per cent from the previous close at 27,985.54 points.



The Sensex touched a high of 28,028.98 points and a low of 27,902.78 points during the intra-day trade.



The BSE market breadth was minimally tilted in favour of the bears -- with 1,356 declines and 1,316 advances.



On Monday, both the key Indian indices were suppressed by negative global cues and a weak rupee.



The barometer index had receded by 91.46 points, or 0.33 per cent, while the NSE Nifty edged down 37.75 points, or 0.44 per cent.



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