Home ECONOMY Sensex trades flat, as RBI keeps interest rates unchanged

Sensex trades flat, as RBI keeps interest rates unchanged


Mumbai, Sep 30 :

A benchmark index of Indian equities markets was trading flat in the pre-afternoon trade session Tuesday, as the Reserve Bank decided to keep key interest rates unchanged in its fourth bi-monthly policy review.stock_exchange sensex

Interest sensitive stocks like banks plummeted. Other sectors like information technology (IT), metal and technology, entertainment and media (teck) also declined. However, healthy buying was observed in healthcare, consumer durable and automobile sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,610.71 points, was trading at 26,611.80 points (11.20 a.m.), up 14.69 points or 0.06 percent from the previous day’s close at 26,597.11 points.

The Sensex touched a high of 26,659.12 points and a low of 26,547.44 points in the intraday.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) too was trading flat. It was trading at 4.05 points or 0.05 percent up at 7,962.95 points.