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Sensex closes flat; auto stocks down

Sensex closes flat; auto stocks down

A benchmark index of Indian equities markets Thursday closed 24 points or 0.11 % down, a day after it rallied 256 points on the back of the fall in December inflation.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 21,366.91 points, closed at 21,265.18 points, down 24.31 points or 0.11 % from its previous day's close at 21,289.49 points.

The Sensex touched a high of 21,379.29 points and a low of 21,199.65 intra-day.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed trade two points or 0.03 % down at 6,318.90 points.

In Thursday's trade, the S&P BSE automobile index was down 101.67 points followed by healthcare index which lost 58.65 points and fast moving consumer goods (FMCG) index was 52.55 points down.

However, the S&P metal index was up 167.08 points, information technology (IT) which gained 54.15 points and capital goods index was up by 24.09 points.

The major gainers were: Coal India, up 2.56 % at Rs.302.70; Hindalco Inds, up 1.85 % at Rs.113; Wipro, up 1.84 % at Rs.570.40; HDFC, up 1.80 % at Rs.860.20; and BHEL, up 1.74 % at Rs169.10.

The main losers were: Bharti Airtel, down 4.84 % at Rs.315.50; Tata Motors, down 1.86 % at Rs.369.75; Sun Pharma, down 1.72 % at Rs.593.25; ONGC, down 1.48 % at Rs.287; and Cipla, down 1.29 % at Rs.412.65.

Among the Asian markets, Japan's Nikkei closed 0.39 % down, while Hong Kong's Hang Seng gained 0.37 %. China's Shanghai Composite Index was marginally higher by 0.02 %.

In Europe, London's FTSE 100 was trading 0.09 % up. However, Germany's DAX Index was lower by 0.09 % and the French CAC 40 Index edged up by 0.07 %.

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