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Equities close flat ahead of F&O expiry, Q2 GDP data

Equities close flat ahead of F&O expiry, Q2 GDP data
Highlights

Key Indian equity indices, which traded in the green during most part of the day, provisionally closed on a flat-to-negative note on Wednesday as investors booked profits in banking and metal stocks.

Mumbai:Key Indian equity indices, which traded in the green during most part of the day, provisionally closed on a flat-to-negative note on Wednesday as investors booked profits in banking and metal stocks.

According to market observers, investors traded with caution ahead of futures and options (F&O) expiry as well as the second quarter GDP data announcement on November 30 (Thursday).

The wider Nifty50 of the National Stock Exchange (NSE) was down 8.95 points or 0.09 per cent to provisionally close (at 3.30 p.m.) at 10,361.30 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,664.27 points, closed at 33,602.76 points -- down 15.83 points or 0.05 per cent -- from Tuesday's close.

The Sensex touched a high of 33,728.81 points and a low of 33,553.12 during intra-day trade.

The BSE market breadth was bearish -- 1,386 declines and 1,321 advances.

On Tuesday, the key indices succumbed to heavy selling pressure and closed in the negative territory after trading on a volatile note during the entire day.

The NSE Nifty50 fell by 29.30 points or 0.28 per cent to close at 10,370.25 points, while the BSE Sensex closed at 33,618.59 points -- down 105.85 points or 0.31 per cent.

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