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Sensex continues to trade flat

December 30, 2009

A key Indian equities index continued to trade on a lacklustre note late Wednesday morning even as broader indices gained.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 17,402.24 points and at 11.19 a.m. was at 17,391.42 points, down 10.14 points or 0.06 percent from its previous close at 17,401.56 points.

Around the same time, at the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was at 5,181.65 points, against the previous close at 5,187.95 points, a loss of 0.12 percent.

Broader market indices were doing better, with the BSE midcap index ruling 0.53 percent up and the BSE small cap index 0.96 percent higher.

The market breadth was tilted towards the positive, with 1,693 scrips advancing, 799 declining and 87 remaining unchanged.

Among major gainers at this time were ACC, up 1.31 percent at Rs.871.10; NTPC, up 1.31 percent at Rs.2,457.50; DLF, up 0.9 percent at Rs.368.55, and Tata Motors, up 0.84 percent at Rs.792.90.

Among the losers were Hero Honda, down 2.15 percent at Rs.1,706.15; Hindalco, down 1.57 percent at Rs.159.50; Sun Pharma, down 1.48 percent at Rs.1,515.25, and NTPC, down 0.86 percent at Rs.230.45.

Other Asian markets were mixed.

A key Japanese index, the Nikkei, was ruling flat at 10,63.47 points, 0.04 percent down on the last trading day of the year.

The Hang Seng, a benchmark index of the Hong Kong Stock Exchange, was ruling in the red at 21,389.48 points, 0.51 percent lower.

However, in China, the Shanghai composite index was ruling 1.54 percent higher at 3,261.23 points, while the Kospi, the benchmark index of the Korean Stock Exchange, was up 0.39 percent at 1,679.07 points.

Categories: Business
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