Sensex trades flat; oil and gas stocks down
A benchmark index for Indian equities markets was Monday trading 28 points lower in afternoon trade following selling pressure in oil and gas, consumer durables and capital goods stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,442.19 points, was ruling at 19,395.48 points, down 28.62 points or 0.15 percent from its previous close at 19,424.10 points.
The index touched a high of 19,478.01 points and low of 19,379.25 points intra-day. The BSE midcap index was up 30.90 points, while the smallcap index edged higher by 21.23 points.
The wider 50-scrip S and P CNX Nifty of the National Stock Exchange was down 9.40 points or 0.16 percent at 5,898.00 points.
The BSE oil and gas index was down 79.80 points. The consumer durables index was trading lower by 67.85 points, followed by capital goods, down 31.81 points, information technology (IT) index, down 27.80 points, and auto index, down by 27.15 points.
However, the healthcare index was up by 37.13 points, bank index was higher by 25.14 points and fast moving consumer goods (FMCG) index increased by 11.63 points.
Among other Asian markets, Hong Kong's Hang Seng was higher by 0.39 percent. China's Shanghai Composite Index was up 1.07 percent.