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Geo-political tensions, profit booking depress equity indices (Second Lead)

Mumbai, Nov 8 (IANS) Geo-political tensions in the Middle East coupled with profit booking and caution ahead of key quarterly results pulled down key domestic equity indices on Wednesday.

According to market observers, heavy selling was seen in metal, oil and gas, consumer durables, automobile and banking stocks.

At 3.30 p.m. the S&P BSE Sensex receded by 152 points or 0.46 per cent.

Similarly, the NSE Nifty50 provisionally closed lower by 47 points or 0.45 per cent to 10,303.15 points.

The Sensex, which opened at 33,417.35 points, provisionally closed at 33,218,81 points (at 3.30 p.m.), lower by 151.95 points or 0.46 per cent from Tuesday’s close at 33,370.76 points.

The Sensex touched a high of 33,484.70 points and a low of 33,157.68 points during the intra-day trade.

Post Source: Ians feed

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