Sensex Closed at 36,373.44 Lower by 146.52 Points, Nifty Drop by by 27.60 Points
Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday.
Mumbai, July 18: 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.
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.
(The above story first appeared on LatestLY on Jul 18, 2018 04:54 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
