Mumbai, Aug 19 The S&P BSE benchmark sensex dropped moderately by 46 points to close at 28,077.00 and NSE 50-share Nifty by six points to 8,666.90 on mild profit- booking from operators on the back of lower global advices.
The 30-share index resumed higher at 28,167.66 and hovered between 28,212.30 and 28,026.12 before finishing at 28,077.00, showing a loss of 46.44 points or 0.17 per cent from its last close.
The NSE 50-share Nifty declined by 6.35 points to close at 8,666.90.
In overseas stock markets, Asian stocks witnessed a mixed trend after some Federal Reserve officials reiterated the case for raising US interest rates in coming months. US stocks eked out gains yesterday following upbeat earnings and forecast from Wal-Mart and as higher oil lifted energy shares.
Key indices in China, Japan, Singapore and South Korea firmed up by 0.04 pct to 0.36 pct while indices in Hong Kong and Taiwan moved down by 0.37 pct to 0.97 pct.
European stocks were trading lower in their afternoon trade amid uncertainty over the trajectory of US monetary policy. Key indices like France, Germany and UK dropped by 0.17 pct to 0.92 pct.
Meanwhile, foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) bought shares worth a net Rs 162.17 crore yesterday, as per provisional data released by the stock exchanges. .
-Source PTI
The 30-share index resumed higher at 28,167.66 and hovered between 28,212.30 and 28,026.12 before finishing at 28,077.00, showing a loss of 46.44 points or 0.17 per cent from its last close.
The NSE 50-share Nifty declined by 6.35 points to close at 8,666.90.
In overseas stock markets, Asian stocks witnessed a mixed trend after some Federal Reserve officials reiterated the case for raising US interest rates in coming months. US stocks eked out gains yesterday following upbeat earnings and forecast from Wal-Mart and as higher oil lifted energy shares.
Key indices in China, Japan, Singapore and South Korea firmed up by 0.04 pct to 0.36 pct while indices in Hong Kong and Taiwan moved down by 0.37 pct to 0.97 pct.
European stocks were trading lower in their afternoon trade amid uncertainty over the trajectory of US monetary policy. Key indices like France, Germany and UK dropped by 0.17 pct to 0.92 pct.
Meanwhile, foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) bought shares worth a net Rs 162.17 crore yesterday, as per provisional data released by the stock exchanges. .
-Source PTI