Markets end in red; healthcare, FMCG shed gains

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SME Times News Bureau | 21 Apr, 2017
Key equity markets on Friday provisionally closed on a flat-to-negative note as heavy selling pressure was witnessed in healthcare, FMCG and automobile stocks.

Besides, caution prevailed over the ongoing fourth quarter results season.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 17 points or 0.19 percent, to 9,119.40 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,575.66 points, closed at 29,365.30 points (at 3.30 p.m.) -- down 57.09 points or 0.19 percent from the previous close at 29,422.39 points.

The Sensex touched a high of 29,584.34 points and a low of 29,259.42 points during the intra-day trade.

In contrast, the BSE market breadth was slightly tilted in favour of the bulls -- with 1,443 advances and 1,423 declines.

On Thursday, the benchmark indices closed in the green after five consecutive sessions of losses on the back of strong buying support.