Equities markets flat in afternoon trade (Second Lead)

May 28th, 2008 - 2:38 pm ICT by admin  

A file-photo of Sensex

Mumbai, May 28 (IANS) The Indian equities markets which opened with a positive gap Wednesday were trading flat early afternoon. At 12:30 p.m. the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was trading at 16,346.59 with a gain of 71 points. It touched a high of 16,370.23 and a low of 16,217.78 points.

At the same time, the S&P Nifty index of the National Stock Exchange was trading at 4,863.65 points with a marginal gain of 3.85 points.

The market breadth turned negative. On BSE 1,051 stocks advanced, 1,401 declined and 77 remained unchanged.

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