Equity markets close flat as telecom stocks plunge

Mumbai: In choppy trade on Thursday, Indian equity markets provisionally closed lower as telecom stocks plunged in the wake of Reliance Industries making its big ticket announcement on Jio.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) provisionally closed lower by 11.55 points, or 0.13 per cent, at 8,774.65 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,459.09 points, provisionally closed at 28,423.48 points (at 3.32 p.m.) -- down 28.69 points, or 0.10 per cent, from the previous close at 28,452.17 points.

In the day's trade, Sensex touched a high of 28,548.85 points and low of 28,386.61 points.