ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Global cues, profit booking drag equity markets lower

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged down by 25.20 points.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Global cues, profit booking drag equity markets lower
The Sensex touched a high of 28,477.65 points and a low of 28,188.90 points during the intra-day trade. Photo: Reuters

Negative global indices, coupled with profit booking and disappointing macro-data, dragged the Indian equity markets lower on Wednesday. 

Both the key indices provisionally closed the day`s trade in the red, as heavy selling pressure was witnessed in banking, IT and healthcare stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged down by 25.20 points, or 0.29%, to 8,743.95 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,425.74 points, provisionally closed at 28,220.98 points (at 3.30 p.m.) -- down 113.57 points, or 0.40%, from the previous close at 28,334.55 points.

The Sensex touched a high of 28,477.65 points and a low of 28,188.90 points during the intra-day trade.

In contrast, the BSE market breadth was tilted in favour of the bulls -- with 1,725 advances and 1,150 declines.

On Tuesday, both the key Indian indices ended in the green due to short covering and value buying on the back of positive global cues, and reduction in a key lending rate by the Reserve Bank of India (RBI).

The barometer index had gained 91.26 points, or 0.32%, while the NSE Nifty rose by 31.05 points, or 0.36%.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
SensexNiftyBSENSEMarketsMacro data
Written By: IANS
Updated: Wed, Oct 05, 2016
05:18 pm
Maharashtra, IANS
RELATED NEWS
Closing Bell: Sensex hits triple ton, Nifty up 150 points as RBI repo rate hike on expected lines Closing Bell: Sensex hits triple ton, Nifty up 150 points as RBI repo rate hike on expected lines
US jobs data unsettles Wall Street; 10 triggers that may impact Sensex, Nifty movement on Tuesday US jobs data unsettles Wall Street; 10 triggers that may impact Sensex, Nifty movement on Tuesday
Sensex ends 330 points down, Monday blues for Nifty too as metals, IT take hit Sensex ends 330 points down, Monday blues for Nifty too as metals, IT take hit
Market Next Week: Tata Steel, Hero Moto, M&M results, RBI policy meeting, macro data, global cues among top cues for D-Street Market Next Week: Tata Steel, Hero Moto, M&M results, RBI policy meeting, macro data, global cues among top cues for D-Street

LATEST NEWS

Sebi moots institutional mechanism for stock brokers to curb market abuse

RBI projects economic growth at 6.4% for next financial year

Moto E13 Price in India: Motorola launches affordable phone with 5,000mAh battery, 13MP AI-powered camera and much more - Details

Petrol-Diesel Prices Today February 8: Check the latest fuel rates in Delhi, Bengaluru, Mumbai, Chennai and Noida

PM Modi wears jacket made from recycled plastic - PHOTO

Bengaluru airport to be partially closed for 10 days in February: Check dates, timings, flight schedule, passenger advisory, other details

Lucknow known as Laxman Nagri in past, says Uttar Pradesh Deputy CM Brajesh Pathak lucknow rename new name change

Gold Price Today (February 8): Yellow metal gains as US dollar retreats on Powell's less-hawkish stance - Check rate in Delhi, Mumbai and other cities

US Stock Market: S&P 500, Dow Jones jump 1%, Nasdaq 2% as Wall Street bulls digest Fed Chair remarks

Citroën E-C3 unveiled in India: Check range, features, specifications, charging, warranty details and more

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV