The market succumbed to profit booking pressures as the
Nifty could not retain holding above the 8800-level. The 50-share index was
down 11.50 points at 8797.40 while the Sensex slipped 60.68 points at 29122.27.
About 1618 shares have advanced, 1298 shares declined, and 256 shares are
unchanged.Indian equity markets finished the first trading session of the month in red in
what was a highly volatile trade.
The barometer index, the S&P BSE Sensex closed the
session above the psychological 29,000 level after alternately moving below and
above that level. The Sensex was provisionally off 45.86 points or 0.16% to
29,137.09. The market breadth indicating the overall health of the market was
positive. The CNX Nifty was off 11.45 points or 0.13% at 8,797.45, as per
provisional closing. The index hit a low of 8,751.10 in intraday trade, its
lowest level since 22 January 2015. The index hit a high of 8,840.80 in
intraday trade
.
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