Home Economy Profit booking at Indian markets

Profit booking at Indian markets

By IANS,

Mumbai : Profit booking pulled down benchmark indices of the Indian equities markets even as most global bourses ended or were trading in the negative terrain.

About an hour before close, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 14,892.93 points, was ruling at 14,738.28 points – 93.35 points or 0.63 percent below Monday’s close.

The S&P CNX Nifty of the National Stock Exchange (NSE) followed the Sensex to end in the red, falling 0.87 percent to 4,490.3 points.

Broader market indices, however, were trading higher, with the BSE midcap index gaining 0.21 percent and the BSE smallcap index ruling 0.38 percent up.