Broadly negative global markets subdued the key Indian equity indices yesterday.
Indices on both the BSE and the National Stock Exchange (NSE) ended in the red after a largely volatile trade throughout the day.
Concerns of a renewed global trade war dampened investor sentiments in the international markets, analysts said.
The key indices had opened on a positive note but could not hold on to the gains for long, with heavy selling pressure on auto, capital goods and consumer durables stocks.
Index-wise, the wider Nifty50 of the NSE closed at 10,741.10 points, down 30.95 points or 0.29% from the previous close of 10,772.05 points.
Similarly, the BSE Sensex, which had opened at 35,644.05 points, closed at 35,432.39 points, down 114.94 points or 0.32% from its previous session’s close of 35,547.33 points.
The Sensex touched an intra-day high of 35,678.69 points and a low of 35,396.97 points.
The BSE market breadth was bearish with 1,793 declines against 808 advances.
“Markets ended lower yesterday after correcting from a high of 10,810 points (Nifty50). Weak global cues from trade tensions and oil price direction dampened the sentiments,” said Deepak Jasani, head of retail research at HDFC Securities.
On the currency front, the Indian rupee appreciated by nine paise against the US dollar to 67.99, from its previous close of 68.08 per greenback.
Sector-wise, the S&P BSE oil and gas index was the only gainer yesterday, ending 85.89 points higher from its previous close.
On the other hand, S&P BSE auto slumped 223.81 points, the capital goods index was down 196.03 points and the consumer durables index ended lower by 171.09 points.
Traders at the Bombay Stock Exchange. The Sensex closed at 35,432.39, down 114.94 points, yesterday.
