Selling pressure pulls equity markets down

Mumbai : The Indian equity markets on Wednesday provisionally closed on a flat note due to heavy selling pressure witnessed during the second half of the session, reports IANS. The key equity indices receded under the selling pressure in healthcare, consumer durables, banking stocks. Earlier, in the day’s trade the equity markets made gains on the back of positive global indices, coupled with higher crude oil prices and value buying in selective counters. The wider 51-scrip Nifty of the on the NSE inched up by 3.15 points or 0.04 per cent to 8,111.60 points.On the other hand, the barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 26,508.94 points, closed at 26,298.69 points (at 3.30 p.m.) — down 5.94 points or 0.02 per cent from the previous close at 26,304.63 points.The Sensex touched a high of 26,621.40 points and a low of 26,239.21 points during the intra-day trade.