Low volumes, profit booking subdue equity indices

A day after touching record high levels, the Indian equity indices closed on a flat note on Tuesday, as low volumes and profit booking subdued investors' sentiments.

According to market observers, heavy selling pressure in the banking, consumer durables and IT stocks led to the slide.

The 30-scrip Sensitive Index (Sensex) provisionally closed 24.48 points or 0.08 per cent lower during the day's trade.

However, the wider 50-scrip Nifty of the National Stock Exchange (NSE) provisionally closed on a flat-to-positive note. It inched up by 3.60 points or 0.04 per cent to close at 10,234.45 points.

The Sensex of the BSE, which opened at 32,654.41 points, provisionally closed at 32,609.16 points (at 3.30 p.m.), lower by 24.48 points or 0.08 per cent from Monday's close at 32,633.64 points.

The Sensex touched a high of 32,699.86 points and a low of 32,556.74 points during the intra-day trade.

--IANS

rv/dg