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Home / Business News / Sensex closes 74 points lower

Sensex closes 74 points lower

A benchmark index for Indian equities markets pared some of its intra-day losses and closed 74 points lower today.

business Updated: May 04, 2011 16:44 IST
IANS
Hindustantimes

A benchmark index for Indian equities markets pared some of its intra-day losses and closed 74 points lower on Wednesday.

The weakness following Tuesday's rate hike by the Reserve Bank of India, however, continued to dampen the market breadth.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,558.33 points, closed at 18,460.62 points (provisional), down 74.07 points or 0.4% from its previous close at 18,534.69 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange shut shop at 5,537.3 points, down 0.5%.

Broader markets also ended in the negative as well with the BSE midcap index closing 0.43% down and the BSE small cap index ending 0.56% down.

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