Equity markets on wednesday provisionally closed on a positive note on the back of healthy Wholesale Price Index (WPI) data and buying in oil, gas, capital goods and energy stocks. As per the official data released during market hours shows that India's annual rate of inflation based on wholesale prices decelerated in last month to 2.17% from 3.85% in April-17 as food prices alleviate. And the investors remained careful ahead of the outcome of two-day US Federal Reserve's rate-setting reach later in the evening.
At 3.31 PM, the wider 51-scrip Nifty of National Stock Exchange (NSE) inched up 7.40 points or 0.08% to provisionally close at 9,614.30 points. The 30-scrip Sensex of the BSE, opened at 31,147.69 Points, closed at 31,155.91 points upto 52.42 points or 0.17% from its previous close at 31,103.49 points. The Sensex touched a high of 31,190.36 points and a low of 31,054.94 during intra-day trade. The BSE market breadth was bearish with 1,418 declines and 1,249 advances.
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