Home Economy Sensex continues subdued; realty, consumer durables stocks lose

Sensex continues subdued; realty, consumer durables stocks lose

By IANS,

Mumbai : A benchmark index for Indian equities markets continued to trade on a subdued note Wednesday noon as a majority of the heavyweight scrips wallowed in losses. At a broader level, realty and consumer durables stocks were among the major losers.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,298.59 points, was ruling at 18,266.46 points — down 42.2 points or 0.2 percent from its previous close at 18,308.66 points.

The 50-scrip S&P CNX Nifty of the National Stock Exchange was also trading in the red at 5,485.25 points, down 0.28 percent.

Broader markets were ruling on a flat note as well, with the BSE midcap index up 0.18 percent and the BSE smallcap index up 0.23 percent.

The market breadth was mixed, with 1,311 stocks advancing, 1,135 on the decline and 138 remaining unchanged.

Among the gainers on the Sensex were HDFC, Reliance Infra, Tata Steel and TCS, while losers included Infosys, Hindalco, Sterlite and NTPC.

Asian markets were ruling mixed.

The Nikkei of the Japanese stock exchange was up 0.31 percent at 9,577.08 points, while the Hang Seng of the Hong Kong stock exchange was trading 0.33 percent lower at 22,422.13 points.

The Chinese Shanghai composite index moved down 0.61 percent to close at 2,713.27 points.