Global cues drag equity indices lower

Mumbai, Sept 4: Negative global cues on the back of escalating geopolitical tensions in the Korean peninsula dragged the key Indian equity indices deep into the red on Monday. According to market observers, heavy selling pressure in banking and auto stocks also weighed heavy on the NSE Nifty50 and the BSE Sensex.

Around 3.35 p.m., the wider 51-scrip Nifty50 of the National Stock Exchange (NSE) closed provisionally at 9,912.85 points, down 61.55 points, or 0.62 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,932.20 points, closed provisionally at 31,702.25 points (3.30 p.m.) -- down 189.98 points or 0.60 per cent from its previous close at 31,892.23 points. The Sensex touched a high of 31,932.20 points and a low of 31,560.32 points.