Mumbai, Aug 24 (IANS): A benchmark index for Indian equities markets Wednesday closed 243 points lower as traders booked profits after a recent rally.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange, which opened at 16,490.78 points, closed at 16,255.57 points (provisional), down 242.9 points or 1.47 percent compared to its previous close at 16,498.47 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange also closed lower, 1.47 percent down at 4,876.35 points.
The BSE midcap index closed 0.77 percent down, while the BSE small cap index ended 0.65 percent.