18 July,2018 05:40 PM IST | Mumbai | IANS
Representational Image
Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday. According to market observers, profit booking in mid-and-small-cap stocks also subdued the equity indices.
Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed at 10,980.45 points -- lower by 27.60 points or 0.25 per cent -- from its previous close.
The barometer 30-scrip Sensitive Index (Sensex), which opened at 36,722.41 points, closed at 36,373.44 points -- lower by 146.52 points or 0.40 per cent -- from its previous session's close of 36,519.96 points.
The barometer index fell after it touched a fresh all-time high of 36,747.87 points. The index had dipped to a low of 36,320.92 points during the intra-day trade.
ALSO READ
Three dead as GPS navigation error leads car to fall into river from bridge
Hezbollah fires over 180 rockets, other projectiles into Israel, wounding at least 7
Waqf Bill should take care of interests of Muslims: TDP parliamentary party leader
Eastern states were considered backward earlier, I view them as India's growth engine: PM Modi
Six injured in fire in Punjab's Phagwara
On Tuesday -- the previous trade session -- both the indices had made gains on the back of a slide in global crude oil prices along with expectations of fund infusion into public sector banks.
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates
