Market ends in red for second session, weighed down by tensions in Middle East
At close, Sensex was down 573.38 points or 0.70 per cent at 81,118.60, while the Nifty was down 169.60 points or 0.68 per cent at 24,718.60.
Negative global cues and heavy selling pressure in healthcare, oil and gas, and banking stocks led the Indian equity markets to close on flat-to-negative note on Wednesday.
Market observers said investors were cautious ahead of the outcome of the two-day US Federal Open Market Committee (FOMC) meet, due later in the evening.
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The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down by 1.85 points or 0.02 per cent to close (provisionally) at 9,311.95 points.
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The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 29,984.95 points, provisionally closed at 29,894.80 points (at 3.30 p.m.) — down 26.38 points or 0.09 per cent from its previous close at 29,921.18 points.
The Sensex touched a high of 30,020.59 points and a low of 29,846.57 points during the intra-day trade.
The BSE market breadth favoured a bearish mood — with 1,488 declines and 1,357 advances.
On Tuesday, the benchmark indices closed on a flat-to-positive note. The NSE Nifty inched up by 9.75 points or 0.10 per cent to close at 9,313.80 points, while the BSE Sensex closed at 29,921.18 points — up a tad 2.78 points or 0.01 per cent.
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At close, the Sensex was down 823.16 points or 1% at 81,691.98, and the Nifty was down 253.20 points or 1.01% at 24,888.20.
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At close, the Sensex was up 123.42 points or 0.15% at 82,515.14, and the Nifty was up 37.15 points or 0.15% at 25,141.40. Broader markets underperformed main indices, with BSE midcap and smallcap indices ending on a flat note.
