Home ECONOMY Sensex trades in red; bank stocks down

Sensex trades in red; bank stocks down


Mumbai, June 5 :

A benchmark index of Indian equities markets was trading in the red in the early morning session Thursday – down over a 100 points as bank and oil and gas stocks fell.

Mumbai-Stock-Exchange SmallHowever, healthy buying was observed in metal, capital goods and consumer durables stocks. The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 24,828.38 points, was trading at 24,702.38 points around 10.00 a.m. trade session, down 103.45 points or 0.42 percent from previous day’s close at 24,805.83 point.

The Sensex touched a high of 24,831.79 points and a low of 24,644.88 points during the trade so far. The S&P BSE bank index was down 156.19 points, oil and gas index moved down by 77.57 points, and automobile index was lower by 46.33 points.

However, metal index gained 177.73 points, capital goods index was up 27.31 points and consumer durables index was higher by 23.24 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 25.65 points or 0.35 percent at 7,376.60 points.