Sensex ends flat on dull trading day (Roundup)

May 11th, 2011 - 7:11 pm ICT by IANS  

Sensex Mumbai, May 11 (IANS) A benchmark index for Indian equities markets nudged up Wednesday, bringing an end to a dull trading day.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,572.61 points, closed at 18,584.96 points — up 72.19 points or 0.39 percent from its previous close at 18,512.77 points.

The 50-scrip S&P; CNX Nifty of the National Stock Exchange also ended on a flat note at 5,565.05 points, up 0.43 percent.

Broader indices did moderately better, with the BSE midcap index closing 0.56 percent up and the BSE smallcap index 0.73 percent up.

Realty, metal and auto stocks rose were among the top gainers.

The market breadth was positive with 1,611 stocks advancing, 1,193 on the decline and 131 unchanged.

Among the gainers on the Sensex were: Hero Honda, up 3.31 percent at Rs.1,776.85; DLF, up 2.46 percent at Rs.227.20; Tata Motors, up 1.85 percent at Rs.1,208 and SBI, up 1.78 percent at Rs.2,674.80.

Top losers included NTPC, down 1.86 percent at Rs.176.90; Tata Power, down 1.39 percent at Rs.1,229; ONGC, down 1.3 percent at Rs.300.20 and Maruti Suzuki, down 1.14 percent at Rs.1,227.05.

According to data available with the Securities and Exchange Board of India (SEBI), foreign institutional investors bought stocks worth $22.54 million Wednesday.

Asian markets were subdued in the wake of data coming from China that suggested that growth in the fastest growing economy in the world could be slowing down.

The Nikkei of the Japanese stock exchange closed 0.46 percent higher at 9,864.26 points, while the Hong Kong’s Hang Seng ended 0.19 percent up at 23,291.8 points.

The Chinese markets were ruling 0.25 percent down at 2,883.42 points.

European markets were moderately higher as traders continued to tread cautiously in the wake of sovereign debt problems.

Britain’s FTSE was up 0.12 percent at 6,026.03 points.

Around midday, the French CAC 40 was trading 0.52 percent higher at 4,073.72 points, while the German DAX was ruling 0.68 percent up at 7,552.8 points.

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