Sensex closes flat in lacklustre trade (Roundup)
September 2nd, 2010 - 7:09 pm ICT by IANS
Mumbai, Sep 2 (IANS) A benchmark index for Indian equities Thursday closed on a dull note, though broader markets saw more buying activity. A weak opening in the European markets too weighed heavy on the index.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,215.28 points, closed at 18,238.31 points, 32.44 points or 0.18 percent up from its previous close at 18,205.87 points.
It had risen to 18,355.84 points during the day.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty shut shop 0.26 percent up at 5,486.15 points.
Broader markets indices did better with the BSE midcap index closing 0.78 percent up while the BSE smallcap index ending 1.11 percent higher.
Consumer durables, FMCG, banking auto stocks were among the gainers, while IT and telecom scrips came under selling pressure.
The market breadth was positive with 1,848 scrips advancing, compared to 1,085 stocks declining and 122 remaining unchanged.
The major gainers on the Sensex were: Jaiprakash Associates, up 4.32 percent at Rs.114.70; Sterlite Industries, up 2.59 percent at Rs.160.60; Tata Power, up 1.67 percent at Rs.1,258.70; and HDFC, up 1.53 percent at Rs.632.05.
Among the losers were: Hero Honda, down 3.35 percent at Rs.1,699.75; TCS, down 1.59 percent at Rs.843.55; BHEL down 1.07 percent at Rs.2,397.25, and Bharti Airtel, down 0.96 percent at Rs.334.05.
Other Asian markets were in the green, backed by positive cues from Wall Street and traders doing some bargain hunting.
The Japanese Nikkei closed 1.52 percent higher at 9,062.84 points.
Hong Kong’s Hang Seng ended 1.19 percent higher at 20,868.92 points. The Chinese Shanghai Composite index went up 1.25 percent at 2,655.78 points.
European markets were in a slump in view of the impending rate decision by the European Central Bank and release of key US economic data.
At the closing bell here, the FTSE 100 was trading 0.14 percent lower at 5,358.74 points
The German DAX was ruling 0.2 percent down at 6,071.43 points, while the French CAC 40 was trading 0.01 percent lower at 3,623.32 points.
- Sensex plunges 277 points on weak global cues (Roundup) - Apr 23, 2012
- Sensex slips 136 points, consumer durables, banking stocks lose (Lead) - Mar 28, 2012
- Sensex climbs 152 points on firm global cues (Roundup) - Jun 30, 2011
- Sensex edges lower, negative global cues weigh (Roundup) - Jul 18, 2011
- Sensex zooms 123 points up, FII interest intact (Roundup) - Feb 09, 2012
- Sensex closes 135 points up, seventh straight weekly gain (Roundup) - Feb 17, 2012
- Sensex flat as traders take a breather after rally (Roundup) - Feb 16, 2012
- RIL soars but fails to enthuse Sensex (Roundup) - Jan 18, 2012
- Sensex falls to three-and-half month low - Nov 18, 2011
- Sensex falls 59 points as bearish mood prevails (Lead) - May 10, 2012
- Sensex rises 204 points on short covering, tax clarity (Roundup) - Mar 27, 2012
- Rate hike fears pull down Sensex 176 points (Roundup) - Jun 15, 2011
- Sensex rallies on global cues, closes 567 points higher - Aug 29, 2011
- Indian equities markets down, Sensex edges lower (Roundup) - Jul 15, 2011
- Sensex plunges 425 points to end below 16,000 points - Nov 21, 2011
Tags: asian markets, auto stocks, benchmark index, bharti airtel, bhel, bombay stock exchange, closing bell, cnx, consumer durables, european markets, hdfc, hero honda, market breadth, national stock exchange, scrips, sensitive index, shanghai composite index, sterlite industries, tata power, trade roundup