Sensex trades flat; banking stocks down


sisexA benchmark index of Indian equities markets Tuesday was trading flat at 8.96 points or 0.03 per cent down as banking stocks dropped.

Good buying was observed in IT and healthcare sectors, while selling pressure was seen in banking and metal sectors.

The 30—scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 28,520.76 points, was trading at 28,490.58 points (at 09.18 a.m.) in the early session, down 8.96 points or 0.03 percent from the previous day’s close at 28,499.54 points.

The Sensex has touched a high of 28,541.22 points and a low of 28,484.91 points in the trade so far.

The S&P IT index gained 73.07 points and healthcare index moved up by 43.60 points; while bankex went down by 69.06 points and metal index dropped by 41.47 points.

The wider 50—scrip Nifty of the National Stock Exchange (NSE) was also trading flat at 13.15 points or 0.15 percent down at 8,517 points.