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Equity indices close flat as investors book profits
Key Indian equity indices provisionally closed on a flat-to-negative note on Tuesday as investors booked profits in metals, automobile and IT stocks.
Mumbai: Key Indian equity indices provisionally closed on a flat-to-negative note on Tuesday as investors booked profits in metals, automobile and IT stocks.
The broader Nifty50 of the National Stock Exchange (NSE) provisionally closed (at 3.30 p.m.) lower by 24.45 points, or 0.24 per cent, at 10,339.20 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,254.93 points, closed at 33,213.13 points -- down 53.03 points or 0.16 per cent -- from Monday's close at 33,266.16 points.
The Sensex touched a high of 33,294.30 points and a low of 33,164.28 points during the intra-day trade.
However, the BSE market breadth was bullish -- 1,400 advances and 1,323 declines.
On Monday, the key indices scaled fresh highs -- both on closing as well as intra-day basis -- on hopes of better quarterly results, coupled with a strong rupee and healthy buying in consumer durables, automobile and oil and gas stocks.
The Sensex closed at a fresh high of 33,266.16 points, after touching a record high of 33,340.17 points intra-day.
The broader Nifty50, which touched an intra-day record high of 10,384.50 points, closed at a new high of 10,363.65 points.
