Indian equity markets close with marginal gains

Indian equity markets provisionally closed on a flat note on Wednesday, as investors traded with caution over geo-political concerns.

Market observers opined that investors booked profits in IT, FMCG and Teck (technology, media and entertainment) sectors.

However, healthy buying in automobile, banking and metal stocks trimmed some losses and the key indices closed with marginal gains.

The wider Nifty of the National Stock Exchange (NSE) rose by 24.30 points or 0.25 per cent to provisionally close at 9,637.60 points (at 3.30 p.m.).

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,272.72 points, closed at 31,245.56 points -- up 35.77 points, or 0.11 per cent, from its previous close at 31,209.79 points.

It touched a high of 31,284.64 points and a low of 31,177.78 points during intra-day trade.

The BSE market breadth was bullish -- with 1,702 advances and 971 declines.

--IANS

ppg/vt