Key indices traded on a flat-to-negative note.

Profit booking, coupled with disappointing quarterly results and negative global cues, depressed the Indian equity markets on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down by 16.40 points or 0.19 per cent to 8,492.30 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,790.05 points, traded at 27,680.72 points — down 65.94 points or 0.24 per cent from the previous close at 27,746.66 points.

It touched a high of 27,824.50 points and a low of 27,637.98 points

The BSE market breadth was tilted in favour of the bears — with 1,512 declines and 1,069 advances.

On Monday, the benchmark indices were buoyed by expectations of robust quarterly results. The barometer index was up 73.14 points or 0.26 per cent, while the Nifty edged up by 18.25 points or 0.21 per cent.

Initially on Tuesday, the benchmark indices opened on a flat note, in sync with their Asian peers.

The equity markets soon rose on the back of the government’s decision to infuse capital into public sector banks.

Wefornews bureau

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