Sensex Trades Flat, Metal and Bank Stocks Fall


Mumbai, Jan 4 (IANS): A benchmark index for Indian equities markets was trading flat in afternoon trade Friday after profit booking on metal, capital goods and fast moving consumer goods (FMCG) stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,782.59 points, was ruling at 19,745.46 points around 2.15 p.m. -- down 19.32 points or 0.10 percent from its previous close at 19,764.78 points.

The subdued sentiment followed bullish buying in the last two days after US lawmakers cleared the "fiscal cliff" deal.

The BSE Sensex Friday touched an intra-day high of 19,790.58 points and a low of 19,679.99 points. The BSE midcap index was up 12.88 points, while the smallcap index was higher by 24.26 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) is also trading flat -- down 5.45 points or 0.09 percent at 6,004.05 points.

In the Sensex sectoral indices, public sector undertaking (PSU) index is up 76.63 points. The oil and gas index is up 75.66 points and information technology (IT) index is up 33.66 points.

However, the metal index fell 129.37 points; capital goods and FMCG index are down 28.91 and 27.79 points respectively.

Among other Asian markets, Hong Kong's Hang Seng was lower by 0.29 percent. China's Shanghai Composite Index was up 0.35 percent.

  

Top Stories


Leave a Comment

Title: Sensex Trades Flat, Metal and Bank Stocks Fall



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.