Profit booking subdues equity induces, banking stocks dip


Mumbai, Dec 15 (IANS) Profit booking, along with disappointing macro-economic data subdued the Indian equity indices during the afternoon trade session on Tuesday.

Globally, shares in Asia retreated after a mixed trade session on the Wall Street.

Back home, disappointing macro economic inflation data and a bout of profit bookings led to a sharp decline.

Consequently, the S&P BSE Sensex traded at 12 p.m. at 46,020.19 points, lower by 233.27 points, or 0.50 per cent, from the previous close.

The NSE Nifty50 traded at 13,497.15 points, lower by 61 points, or 0.45 per cent, from the previous close.

  

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Title: Profit booking subdues equity induces, banking stocks dip



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