Markets close marginally down

By IANS,

Mumbai : Indian equities markets closed marginally down after the government’s excise duty cut announcement prompted a late surge Tuesday. A key index closed 0.16 percent below its previous close.

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The Bombay Stock Exchange (BSE) Sensitive Index (Sensex), which opened at 8,707.35 points, was at 8,828.72 points (provisional), a decrease of 14.49 points or 0.16 percent from its last close.

The S&P CNX Nifty index of the National Stock Exchange (NSE) ended at 2,731.10 points, 0.2 percent down from its last close of 2,736.45 points.

The BSE midcap index was 1.92 percent lower, while the BSE smallcap index was down 1.41 percent.