US Rate Hike: BSE Sensex provisionally closes 62 Points down

Mumbai, Aug 7:  A day after it touched a two-week high, a barometer index of the Indian equity markets provisionally closed in the red on Friday.

Continuing logjam in parliament, impending US rate hike decision and other negative global cues led to the barometer 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE) provisionally ending the day’s trade 62 points down.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also provisionally closed in the negative territory. It was down 24 points or 0.28 percent at 8,564.60 points.

The S&P BSE Sensex, which opened at 28,327.11 points, provisionally closed at 28,236.39 points (at 3.35 p.m.) — down 61.74 points or 0.22 percent from the previous day’s close at 28,298.13 points.

The Sensex touched a high of 28,335.67 points and a low of 28,193.93 points in the intra-day trade.  (IANS)