Sensex trades flat; capital goods, oil and gas rally

Mumbai, May 30 (IANS) A benchmark index of Indian equities markets was trading flat at – 19.37 points or 0.08 percent up – on Friday as capital goods and oil and gas stocks rally.

Good buying was observed in capital goods, oil and gas and metal sectors, while selling pressure was seen in banking sector.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 24,300.99 points, was trading at 24,253.52 points in the early session, up 19.37 points or 0.08 percent from the previous day’s close at 24,234.15 points.

The Sensex touched a high of 24,353.59 points and a low of 24,167.94 points in trade.

The S&P BSE capital goods index gained 194.19 points, oil and gas index increased by 121.46 points and metal index went up by 127.55 points. However, bankex dropped by 132.57 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading flat – up 11.10 points or 0.15 percent at 7,246.60 points.