Profit booking subdues equity indices

IANS | Published: 03rd January 2018 04:24 PM
Image used for representational purpose only.

MUMBAI: The key indices of the Indian equity market closed Wednesday's trade session on a flat note after investors booked profit in automobile, healthcare and oil and gas stocks.

According to market analysts, profit booking pared the initial gains made on the back of positive Asian markets.

Consequently, the 30-scrip S&P BSE Sensex, which had ended the previous session at 33,812.26 points, provisionally closed at 33,793.38 points, down a mere 18.88 points or 0.06 per cent. 

At 3.30 p.m., the National Stock Exchange's (NSE) Nifty50 was quoted at 10,443.20 points, inching up by 1 point or 0.01 per cent.

On Tuesday also, both the key indices closed on a flat note after volatility was induced due to caution ahead of upcoming quarterly earning results as well as profit booking.

Consequently, the S&P BSE Sensex closed flat at 33,812.26 points, while NSE Nifty50 closed on a flat note at 10,442.20 points, up by a mere 6.65 points or 0.06 per cent.
 

Tags : sensex NSE BSE key indices

More from this section

'WhatsApp Business' now available on Android in India
Gold rises on wobbly dollar; stocks surge after U.S. government shutdown ends
India sees scope for more integration among state energy companies
Sensex breaches 36,000 mark, Nifty trades above 11,000 level
Apple may discontinue iPhone X around mid-2018: Report