Profit-bookings dent markets; Sensex closes flat
Mumbai: Negative Asian market cues and profit bookings, coupled with anxiety over the upcoming domestic factory output data, led a barometer index of the Indian equities to provisionally close 23 points down on Thursday.
The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed flat after heavy intra-day volatility. The trade ended a two-day relief rally which started on Tuesday.
Profit-booking was witnessed at the barometer index which had gained a total of 825.77 points during the two-day rally.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) regained from the day's lows and closed flat. The CNX Nifty closed 3.70 points or 0.05 percent lower at 7,814.90 points.
The S&P BSE Sensex, which opened at 25,522.96 points, provisionally closed at 25,696.86 points (at 3.30 p.m.) -- down 22.72 points or 0.09 percent from the previous day's close at 25,719.58 points.
The Sensex touched a high of 25,702.43 points and a low of 25,287.50 points in the intra-day trade.