However, a strong rupee limited further fall of the key indices. Selling pressure was witnessed in metal and healthcare stocks.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 3.95 points or 0.04 per cent to 9,355.80 points.
On the other hand, the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 30,141.39 points, traded at 30,111.46 points (at 1.30 p.m.) -- down 21.89 points or 0.07 per cent from its previous close at 30,133.35 points.
The Sensex has so far touched a high of 30,184.22 points and a low of 30,041.99 points during the intra-day trade.
The BSE market breadth was bearish -- with 1,440 declines and 1,271 advances.
According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the equity benchmarks started off the day on a flat note tracking mixed global cues and extended the bullish run in morning trades tracking appreciation of the rupee against dollar.
"Banking sector stocks currently faced resistance at higher levels mainly due to profit booking," Desai told IANS.
"Tyre sector stocks faced profit booking at higher levels. However, shares of MRF crossed Rs 70,000 mark in intra-day session."
On Wednesday, the benchmark indices closed at new highs on the back of positive global cues, a strong rupee and optimism over the upcoming quarterly earning results.
The NSE Nifty closed the day's trade at 9,351.85 points, while the BSE Sensex closed trade at 30,133.35 points
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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