Social News XYZ     

Geo-political tensions, profit booking depress equity indices

Geo-political tensions, profit booking depress equity indices

Mumbai, Nov 8 (IANS) Geo-political tensions in the Middle East coupled with profit booking and caution ahead of key quarterly results pulled down key domestic equity indices on Wednesday.

According to market observers, heavy selling was seen in metal, oil and gas, consumer durables, automobile and banking stocks.

 

At 3.30 p.m. the S&P BSE Sensex receded by 152 points or 0.46 per cent.

Similarly, the NSE Nifty50 provisionally closed lower by 47 points or 0.45 per cent to 10,303.15 points.

The Sensex, which opened at 33,417.35 points, provisionally closed at 33,218,81 points (at 3.30 p.m.), lower by 151.95 points or 0.46 per cent from Tuesday's close at 33,370.76 points.

The Sensex touched a high of 33,484.70 points and a low of 33,157.68 points during the intra-day trade.

Facebook Comments
Geo-political tensions, profit booking depress equity indices

About VDC

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.

%d bloggers like this: