Markets remain flat, thanks to mixed global cuesJanuary 23rd, 2009 - 1:38 pm ICT by IANS
Mumbai, Jan 23 (IANS) Indian equities markets, which opened weak Friday due to inconsistent global cues, stayed flat till just before noon, with a key index trading 0.41 percent below its previous close.The sensitive index of the Bombay Stock Exchange (Sensex) started at 8,804.15 points, lower than its 8,813.84-point close Thursday. By the time the morning trade was almost over, it was at 8,777.42 points, 0.41 percent or 36.42 points below the last close.
At the same time, the S&P CNX Nifty index of the National Stock Exchange was at 2,698.35 points, 0.57 percent lower than Thursday’s close of 2,713.8.
The BSE midcap index was down 0.98 percent while the BSE smallcap index was 1.09 percent below its previous close.
Of the 13 sectoral indices on the BSE, oil and gas gained the most, while metal and consumer goods were pushed to the bottom of the table.
In other Asian markets, a key index of the Tokyo stock exchange, the Nikkei 225 Stock Average, was down 3.01 percent at 7,809.55 points.
The Hang Seng, a key index of the Hong Kong Stock Exchange, also fell 0.19 percent over its last close.