Sensex down 45 points over weak global cues

Mumbai, Dec 24 (IANS)- The key equity indices traded slightly lower during the afternoon session of the trade on Monday, following its Asian peers.

Investor sentiments were also weighed by uncertainty due to a partial US government shutdown and a slowdown in global growth.

“US markets fell close to 10 percent in just a week so domestic markets are taking cues from the weakness in the global markets,” Astha Jain, Senior Analyst, Hem Securities.

Export-oriented IT, healthcare and Teck stocks on BSE gained while index pivotal finance traded lower.At 1.24 p.m., BSE Sensex traded 39.25 points or 0.11 percent lower at 35,702.82 after touching a high of 35,910.67 and a low of 35,616.55.

The Nifty traded 16.30 points or 0.15 percent lower at 10,737.70.The domestic currency which closed at 70.15 per US dollar, traded on a flat note.

The benchmark Brent Crude prices declined earlier in the day but rose slightly at 54.10 a barrel later.
–IANSravi/in