Equity indices close lower on global cues, macro-data

Key Indian equity indices on Tuesday provisionally closed in the red as negative global cues, along with disappointing macro-inflation data points and rising crude oil prices, kept investor sentiment subdued.

According to market observers, heavy selling pressure in index heavyweights like Larsen and Toubro, Power Grid, Tata Consultancy Services and Sun Pharma, among others, added to the downward trend of the indices.

The wider Nifty50 of the National Stock Exchange (NSE) dipped by 38.35 points or 0.38 per cent to provisionally close (at 3.30 p.m.) at 10,186.60 points.

The barometer 30-scrip Sensitive Index (Sensex) Sensex of the BSE, which opened at 32,990.03 points, closed at 32,941.87 points -- down 91.69 points or 0.28 per cent -- from Monday's close.

The Sensex touched a high of 33,126.55 points and a low of 32,907.11 points during the intra-day trade.

The BSE market breadth was bearish -- 1,550 declines and 1,156 advances.

On Monday, the indices closed with substantial losses. The Nifty50 fell by 96.80 points, or 0.94 per cent, to close at 10,224.95 points while the S&P BSE Sensex closed at 33,033.56 points -- down 281 points or 0.84 per cent.

--IANS

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