Mumbai, June 28 (IANS): With the country's biggest indirect tax reform -- Goods and Services Tax (GST) -- just around the corner and derivatives expiry a day away, the Indian equity markets were pulled lower on Wednesday.
Besides, investors' sentiments were dampened by negative global cues, weak rupee and heavy selling pressure in consumer durables, oil and gas, and FMCG stocks.
The wider Nifty of the National Stock Exchange (NSE) fell by 20.15 points, or 0.21 per cent, to provisionally close at 9,491.25 points (at 3.30 p.m.).
The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 30,988.87 points, closed at 30,834.32 points -- down 123.93 points, or 0.40 per cent, from its previous close at 30,958.25 points.
The Sensex touched a high of 31,000.48 points and a low of 30,798.70 points during intra-day trade.
The BSE market breadth was bearish -- with 1,331 declines and 1,287 advances.