Low volumes, selling pressure subdue equity indices

Mumbai, Dec 21: Low volumes along with selling pressure subdued the key indices of the Indian equities market during the post-noon trade session on Thursday.

According to market observers, heavily selling pressure was witnessed in automobile, banking and consumer durables stocks.

However, positive global cues aided the indices to pare some of their initial loses.

At 1.30 p.m., the Sensitive Index (Sensex) of the BSE, which had closed at 33,777.38 points on Wednesday, traded flat at 33,776.63 points, down by 0.75 points.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty was quoting at 10,450.70 points, up by only 6.50 points or 0.06 per cent.