Sensex closes flat; bank stocks gain

Mumbai, Dec 10: 

A benchmark index of the Indian equities markets closed Wednesday’s trade flat as lack of any positive triggers subdued sentiments.

Positive movement was observed in bank, consumer durables and automobile indices of the S&P Bombay Stock Exchange (BSE). However, heavy selling pressure took hold of capital goods, information technology (IT) and fast moving consumer goods (FMCG) sectors.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 27,711.96 points, closed at 27,831.10 points, up 34.09 points or 0.12 percent from the previous day’s close at 27,797.01 points.

The Sensex touched a high of 27,905.25 points and a low of 27,710.03 points in the intra-day trade.

The S&P bank index gained 233.39 points while consumer durables index rose by 211.09 points and automobile index went up by 68.56 points.

However, capital goods index was lower by 155.32 points, IT index fell 23.02 points and FMCG index slipped by 12.06 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also ended flat. It was up 14.95 points or 0.18 percent at 8,355.65 points. (IANS)