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Key Indian equity indices open lower

IANS  |  Mumbai 

Key Indian equity indices on Monday opened on a lower note as investors booked profits in metals, capital goods, oil and gas, and banking stocks.

At one point, the Sensex dropped over 100 points.

Around 9.20 a.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,053.95 points, traded at 33,919.33 points -- down 91.43 points or 0.27 per cent from its previous close.

The market breadth was bearish as 806 stocks declined as against 487 advances.

On the the National Stock Exchange, the wider Nifty50 edged lower by 47.15 points or 0.45 per cent to trade at 10,405.15 points.

On Friday, the equity indices closed in the negative territory as heavy selling pressure in banks, along with rising crude oil prices, dampened investors' risk-taking appetite.

The NSE Nifty50 declined by 93.20 points or 0.88 per cent to close at 10,452.30 points, while the Sensex closed at 34,010.76 points -- down 286.71 points or 0.84 per cent.

--IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Mon, February 19 2018. 09:32 IST
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