Sensex trades flat; capital goods stocks gain

Mumbai, June 13 :

A benchmark index of Indian equities markets was trading flat in the morning trade session Friday — up 54 points or 0.21 percent as capital goods and bank stocks gained.

However, heavy selling was observed in IT, fast moving consumer goods (FMCG) and technology, entertainment and media (TECK) stocks.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,677.05 points, was trading at 25,630.46 points around 11.00 a.m. trade session, up 54.25 points or 0.21 percent from previous day’s close at 25,576.21 point.

The Sensex touched a high of 25,688.31 points and a low of 25,570.04 points during the trade so far.

The S&P BSE capital goods index was up 173.73 points, bank index moved higher by 177.57 points and automobile index gained by 105.59 points.

However, information technology (IT) index lost 39.17 points, fast moving consumer goods (FMCG) index was lower by 25.55 points and TECK index was down by 20.49 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading up 8.55 points or 0.11 percent at 7,658.45 points.

(IANS)