After largely bearish trade during the day, the key Indian equity markets closed higher for the eight straight session on Monday as the WPI inflation softened in March.
Indian equity markets traded marginally lower on Monday afternoon weighed on by heightened geo-political tensions in the Middle East, along with broadly negative cues.
Sensex was trading lower by 77.41 points, or 0.23%, at 34,115.24 at 1200 hrs, led by selling on IT, energy, telecom, auto, banking, oil & gas counters.
Sensex was down 37.61 points in late morning deals on profit-booking in oil & gas, bank, financial, energy, FMCG and utilities sectors despite higher Asian cues.
The barometer has gained nearly 770 points in the last three sessions, helping the Sensex scale nearly four-week high level.
Nifty 50 index rose 6.45 points, or 0.06 percent to 10,331.60, its highest closing level since March 15, 2018, after moving in a range of 10,350.45 and 10,290.85.
The wider Nifty50 of the National Stock Exchange (NSE) rose by 41.60 points, or 0.41 per cent to trade at 10,155.30 points.
Nifty fell below the key 10,400-mark and touched a low of 10,346.20, before ending down 50.75 points, or 0.49 per cent, at 10,360.15.
Key Indian equity indices on Thursday provisionally closed in the negative territory with the Sensex dropping almost 200 points intra-day.
Sensex slipped 66.48 points, or 0.19 per cent, to 33,769.26. The benchmark had lost 82.20 points in the previous two sessions.
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