Sensex slips 42 points; oil and gas stocks dip
A benchmark index of Indian equities markets Monday was trading 41.87 points or 0.16 percent down as oil and gas stocks dipped.
Selling pressure was seen in oil and gas, auto and IT sectors, while good buying was observed in healthcare sector.
The 30-scrip Sensitive Index (Sensex) of the S and P Bombay Stock Exchange (BSE), which opened at 26,173.47 points, was trading at 26,084.88 points (at 09.25 a.m.) in the early session, down 41.87 points or 0.16 percent from the previous day's close at 26,126.75 points.
The Sensex touched a high of 26,181.83 points and a low of 26,072.22 points in the trade so far.
The S and P BSE oil and gas index slipped by 48.89 points, auto index went down by 28.52 points and IT index dropped by 35.21 points. However, healthcare index gained by 68.27 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 3.15 points or 0.04 percent down at 7,787.30 points.
(Posted on 28-07-2014)