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Sensex, Nifty trading flat

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Sensex, Nifty trading flat
The Indian benchmark indices opened positive in the opening trade today amid profit booking and mix trend seen in global market. Sensex gained 100 points and suddenly slipped and was seen trading flat.

Investors remained cautious ahead of GDP growth estimate for the fiscal year releasing by the government at 11.00 am IST.

 

At 09.55 am IST, the 30-share BSE Sensex was trading at 17723.48 up by 16.17 points or 0.09% and NSE Nifty was trading at 5363.90 up by 2.25 points or 0.04%.

 

In Asia, most of the markets were trading in negative terrain, the Nikkei 225 down by 39.61 points and was at 8890.26. The Hang Seng was down by 32.83 points and was at 20,677.90 Shanghai was down by 44.96 points and was trading at 2,286.17.

Among sectoral indices on BSE, most of sectors were trading in positive terrain. Oil & Gas, Consumer Durables, Health Care, PSU and IT leading the rally.

While on the losing side, the sectors failed to lure investors were Realty, Consumer Goods and Power.

On the National Stock Exchange (NSE), the top volume gainers were Cairn, Hero Moto Cop, Tata Power, Reliance and Ranbaxy posted gains between 0.96%-3.36%.

And the loser in morning trade were Bharti Airtel, DLF, ACC, Hindustan Lever, Reliance Communication.

GoodReturns.in

Read more about: bse nse gdp government
Story first published: Tuesday, February 7, 2012, 9:58 [IST]
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