Mumbai, Sep 24 (IANS) Profit booking dragged the Indian equities market lower during the afternoon trade session on Tuesday.
At 12.55 p.m., the S&P BSE Sensex was trading at 39,006.54, lower by 83.49 points or 0.21 per cent from the previous close of 39,090.03 points.
The Nifty50 on the National Stock Exchange (NSE) was trading at 11,565.15, lower by 35.05 points or 0.3 per cent from its previous close.
On Monday, the Sensex gained 1,075 points, taking its two-day advance to nearly 3,000 points as investors continued to pump in money in hopes of improvement in corporate earnings after the government slashed corporate tax rates last week.
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz