Sensex trades flat as capital goods, oil and gas stocks plummet
Mumbai, Feb 11 : A benchmark index for Indian equities markets was trading flat in the 11 a.m. trade session Monday, as capital goods, oil and gas and fast moving consumer goods (FMCG) came under sustained selling pressure.
The 30-scrip Sensex, which opened at 19,517.59 points, was ruling at 19,452.49 points, down 32.28 points or 0.17 percent from its previous close at 19,484.77 points.
The Sensex touched an intra-day high of 19,543.44 points and a low of 19,416.94 points. The midcap index was down 4.73 points, while the smallcap index was lower by 7.23 points.
The wider 50-scrip S and P CNX Nifty of the National Stock Exchange (NSE) was trading lower by 10.55 points or 0.18 percent at 5,892.95 points.
There was heavy selling pressure in capital goods, oil and gas and FMCG stocks. However, consumer durables, healthcare and bank scrips rallied.
Major indices like the capital goods index was down 48.63 points. And so were the oil and gas index, down 33.47 points and FMCG index, down 28.08 points.
The consumer durables index was up 49.06 points, followed by the healthcare index, up 43.99 points, and the bank index, up 25.77 points.