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Sensex trades flat; auto stocks gain


Mumbai, Oct 16 :

A benchmark index of Indian equities markets Thursday was trading flat at 28.24 points or 0.11 percent up as auto stocks gained.

Good buying was observed in auto and IT sectors, while selling pressure was seen in oil and gas and capital goods sectors.

stock_exchange sensexThe 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,260.35 points, was trading at 26,377.57 points (at 09.22 a.m.) in the early session, up 28.24 points or 0.11 percent from the previous day’s close at 26,349.33 points.

The Sensex touched a high of 26,377.57 points and a low of 26,248.47 points in the trade so far.

The S&P auto index went up 77.07 points and IT index gained by 59.74 points. However, oil and gas index went down by 65.31 points and capital goods index dropped by 50.29 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading 20.35 points or 0.26 percent up at 7,884.35 points.