Profit booking ahead of September F&O expiry dent equity market

Profit booking ahead of the September Futures and Options (F&O) expiry subdued the Indian equity markets on Wednesday.

Accordingly, heavy selling pressure was witnessed in auto, IT and FMCG counters.

Index-wise, the Nifty50 on the National Stock Exchange provisionally closed at 11,053.80 points, lower by 13.65 points or 0.12 percent from its previous close.

The BSE Sensex, which had opened at 36,936.64 points, closed at 36,542.27 points, down 109.79 points or 0.30 percent from its previous close of 36,652.06 points.

It touched an intra-day high of 36,938.74 points and a low of 36,357.93 points.