Negative global cues depress equity markets

Negative global cues depress equity markets

Mumbai, Aug 23 (IANS) Negative global cues, along with slight profit booking, depressed the Indian equity markets during the early morning session on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) slipped by 9.20 points, or 0.11 per cent to 8,619.95 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,012.56 points, traded at 27,962.17 points (at 9.35 a.m.) — down 23.37 points, or 0.08 per cent from the previous close at 27,985.54 points.

The Sensex has so far touched a high of 28,028.98 points and a low of 27,928.63 points during the intra-day trade.

In contrast, the BSE market breadth was tilted in favour of the bulls — with 823 advances and 711 declines.

On Monday, both the key Indian indices were suppressed by negative global cues and a weak Rupee.

The barometer index had closed lower by 91.46 points, or 0.33 per cent to 27,985.54 points, while the NSE Nifty down 37.75 points, or 0.44 per cent to 8,629.15 points.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here