Sensex, Nifty pare all gains on selling pressure

Last Updated: Fri, Mar 09, 2018 17:48 hrs
A man looks at a screen across the road displaying the Sensex on the facade of the Bombay Stock Exchange building in Mumbai

Mumbai: Paring entire gains of the day, the key Indian equity indices provisionally closed in the red as a sell-off in metals, banking and healthcare stocks, among others, subdued investors' risk-taking appetite.

The wider Nifty50 of the National Stock Exchange (NSE) fell by 15.80 points or 0.15 per cent to provisionally close at 10226.85 points (at 3.30 pm).

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33465.05 points, closed at 33307.14 points - down 44.43 points or 0.13 per cent from its previous session's close.

The Sensex touched a high of 33519.49 points and a low of 33256.42 during the intra-day trade.

The BSE market breadth turned bearish as 1592 stocks declined as against 1129 advances.

On Thursday, value buying by investors, along with positive global markets on the back of easing of trade war fears, propelled the key indices after six sessions of losses.

The Sensex had closed at 33351.57 points, up 318.48 points or 0.96 per cent, while the Nifty50 had risen by 88.45 points or 0.87 per cent to close at 10,242.65 points.

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