Sensex loses 31 points; banking stocks dip

Mumbai, Aug 6 :

A benchmark index of Indian equities markets Wednesday was trading 31.48 points or 0.12 percent down as banking stocks dipped.

Good buying was observed in IT and capital goods sectors, while selling pressure was seen in banking and auto sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,892.55 points, was trading at 25,876.53 points (at 09.26 a.m.) in the early session, down 31.48 points or 0.12 percent from the previous day’s close at 25,908.01 points.

The Sensex has touched a high of 25,895.16 points and a low of 25,844.51 points in the trade so far.

The S&P BSE IT index gained 84.65 points and capital goods index went up by 50.26 points, while bankex went down by 108 points and auto index dipped by 70.17 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 10.10 points or 0.13 percent down at 7,736.45 points.

(IANS)