Equity Markets Trade Lower, Metal Stocks Recede
The Indian equity markets traded on a negative-to-flat note during the early morning trade session on Wednesday.
According to market observers, heavy selling pressure witnessed in metal, banking and automobile stocks dragged the equity markets lower.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched-down by 10.45 points or 0.11 per cent to 9,094.70 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,369.90 points, traded at 29,295.64 points (around 9.30 a.m.) — lower by 23.46 points or 0.08 per cent from the previous close at 29,319.10 points.
The Sensex has so far touched a high of 29,373.55 points and a low of 29,266.72 points during the intra-day trade.