Friday 18 April 2014
News updated at 4:57 PM IST
Weather
Max: 34.6°C
Min : 22.1°C
In Bangalore
Sunny day

Sensex closes flat; PSU, bank stocks plummet

Mumbai, Nov 23, 2012 (IANS):

A benchmark index for Indian equities markets Friday closed flat following heavy selling in public sector undertaking (PSU), bank and metal stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,543.95 points, closed at 18,506.57 points, down 10.77 points or 0.06 percent from its previous close at 18,517.34 points.

The benchmark index touched a high of 18,556.50 points and low of 18,402.38 points intra-day. The BSE midcap index was up 3.65 points. The smallcap index was higher by 14.16 points.


The wider 50-scrip S&P CNX Nifty of the National Stock Exchange slumped 1.15 points or 0.02 percent at 5,626.60 points.  There was heavy selling in public sector undertaking (PSU), bank, metal, health care and realty stocks.

The PSU index was down 57.05 points, while the bank index was lower by 45.56 points, followed by metal index down 30.22 points, healthcare index down 28.78 points, and realty index down 10.93 points.

However, auto index gained 34.45 points followed by oil and gas index up 21.48 points, and consumer durables index was higher by 11.81 points.

The major Sensex losers were NTPC, 2.57 percent lower at Rs.159.50; Gail India, down 1.95 percent at Rs.340.00; Cipla, down 1.62 percent at Rs.381.45; Wipro, down 1.38 percent at Rs.365.50; and ITC, down 0.95 percent at Rs.286.20.

Only 12 of the 30 Sensex scrips were trading in the green.

Among the gainers were BHEL, higher by 1.51 percent at Rs.224.65; Hero MotoCorp, up 1.21 percent at Rs.1,824.35; Tata Power, up 1.14 percent at Rs.102.05; Hindustan Unilever, up 1.04 percent at Rs.529.65; and Sun Pharma, up 1.00 percent at Rs.705.35.

Among the other Asian markets, Japan's Nikkei rose 1.56 percent, while Hong Kong's Hang Seng gained 0.79 percent. China's Shanghai Composite Index was up 0.58 percent.

All major European markets were trading flat with Britain's FTSE 100 up 0.14 percent, while the German DAX was higher by 0.03 percent. The French CAC 40 index was trading 0.10 percent down.

Go to Top

Photo Gallery
Britain's Catherine (2nd R), Duchess of Cambridge, strokes Fred the ram as her husband Prince...

Britain's Catherine (2nd R), Duchess of Cambridge, strokes Fred the ram as her husband Prince...

An anti-government protester throws a molotov cocktail at the Bolivarian National Police during...

An anti-government protester throws a molotov cocktail at the Bolivarian National Police during...

A Soleil supercar is seen during a press event at the Jacob Javits Convention Center during the...

A Soleil supercar is seen during a press event at the Jacob Javits Convention Center during the...

Toronto Mayor Rob Ford bobble heads are on display for sale as Ford launches his re-election...

Toronto Mayor Rob Ford bobble heads are on display for sale as Ford launches his re-election...

A Buddhist monk prays for missing passengers who were on the South Korean ferry 'Sewol' which...

A Buddhist monk prays for missing passengers who were on the South Korean ferry 'Sewol' which...

U.S. first lady Michelle Obama obliges cheering students by showing off the hand signal the...

U.S. first lady Michelle Obama obliges cheering students by showing off the hand signal the...

A FedEx truck drives past a makeshift memorial, set up in memory of those who died last week when...

A FedEx truck drives past a makeshift memorial, set up in memory of those who died last week when...

A Koenigsegg supercar is seen during a press event at the Jacob Javits Convention Center during...

A Koenigsegg supercar is seen during a press event at the Jacob Javits Convention Center during...

Former U.S. Secretary of State Hillary Clinton participates in A No Ceilings Conversation at...

Former U.S. Secretary of State Hillary Clinton participates in A No Ceilings Conversation at...

A man carries a flower wreath while passing through a line of police officers outside the funeral...

A man carries a flower wreath while passing through a line of police officers outside the funeral...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523