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Sensex trades flat; interest sensitive stocks hit

Sensex trades flat; interest sensitive stocks hit
After two days of consecutive heavy losses, a benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading flat during the afternoon trade session on Thursday.

The Sensex of the S&P Bombay Stock Exchange (BSE) was trading 38.57 points or 0.14 percent down.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down by 9.25 points or 0.11 percent at 8,125.85 points.

The S&P BSE Sensex, which opened at 26,940.64 points, was trading at 26,798.63 points (at 12.35 p.m.), down 38.57 points or 0.14 percent from the previous day's close at 26,837.20 points.

The Sensex has touched a high of 26,948.84 points and a low of 26,742.15 points in the intra-day trade so far.

During Thursday's trade, healthy buying was observed in capital goods, oil and gas, information technology (IT), technology, entertainment and media (TECK) and banking sector.

However, heavy selling was observed in interest sensitive stocks like automobile, metal, healthcare, consumer durables and fast moving consumer goods (FMCG) stocks.

The S&P BSE capital goods index zoomed by 123.21 points, oil and gas index rose by 53.25 points, IT index gained 52.11 points, TECK index increased by 32.97 points, and banking index was up by 14.09 points.

However, the S&P BSE automobile index plunged by 194.41 points, metal index receded by 129.61 points, healthcare index tanked by 109.33 points, consumer durables index dwindled by 90.41 points and FMCG index was down by 41.02 points.

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