Home ECONOMY Sensex closes flat; capital goods gain

Sensex closes flat; capital goods gain


Mumbai, Feb 24:

A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed Tuesday’s trade flat — up 30 points or 0.10 percent — even as capital goods stocks surged.

stock_exchange sensexThe wider 50-scrip Nifty of the National Stock Exchange (NSE) also provisionally closed the day’s trade flat. It was up 7.15 points or 0.08 percent at 8,762.10 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,016.55 points, closed at 28,9004.66 points (3.30 p.m.), up 29.55 points or 0.10 percent from the previous day’s close at 28,975.11 points.

The Sensex had touched a high of 29,130.67 points and a low of 28,875.94 points in the intra-day trade.

Sector-wise, metal, oil and gas and automobile stocks came under selling pressure; while healthy buying was observed in capital goods, fast moving consumer goods (FMCG) and information technology (IT) sectors.

The S&P BSE metal index plunged 115.96 points, followed by oil and gas index which declined 109.92 points and automobile index fell by 58.55 points.

However, S&p BSE capital goods index gained 189.17 points, FMCG index was up 123.37 points and IT index rose 43.88 points. IANS