Key Indian equity indices on Wednesday provisionally closed on a flat note with a negative bias following weakness in the global markets; Equity Indices End Flat Tracking Weak Global Cues
Key Indian equity indices traded in the green during the mid-afternoon session on Wednesday following positive global cues
Mixed sentiment observed in the global markets, along with a sell-off in all the sectors, led the key Indian equity indices to end Thursday’s volatile trade session in the red.
The Nifty50 provisionally closed (at 3.30 p.m.) at a new high of 10,167.45 points.
Broadly positive global cues, coupled with healthy buying in metals, consumer durables and capital goods stocks, lifted the key Indian equity indices from their five-week lows on Monday.
The surge in stocks came even as industrial production entered the negative territory in June.
The outcome of elections to five state assemblies were declared on March 11. However the impact of results were only witnessed on Tuesday, as the Indian equity markets were closed on account of Holi on Monday