Sensex trades flat; FMCG, consumer durables stocks plummet
A benchmark index for Indian equities markets was Thursday trading flat in the early afternoon trade following selling pressure in fast moving consumer goods (FMCG), consumer durables and capital goods stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,403.66 points, was ruling at 19,346.58 points around 11.40 am, down 8.68 points or 0.04 percent from its previous close at 19,355.26 points.
The index touched a high of 19,421.72 points and low of 19,324.87 points intra-day. The BSE midcap index was up 32.89 points, while the smallcap index edged higher by 30.56 points.
The wider 50-scrip S and P CNX Nifty of the National Stock Exchange was up 1.80 points or 0.03 percent at 5,889.80 points.
The BSE FMCG index was down 153.56 points. The consumer durables index was trading lower by 27.60 points, followed by capital goods, down 27.13 points.
However, the auto index was up by 192.10 points, bank index was higher by 123.92 points and healthcare index increased by 43.90 points.
Among other Asian markets, Japan's Nikkei was up 1.68 percent, however Hong Kong's Hang Seng was lower by 0.20 percent. China's Shanghai Composite Index was down 0.70 percent.