Sensex closes flat; bank stocks decline

IANS
25 Feb 2015, 17:00 GMT+10

A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed Wednesday's trade flat, as bank, healthcare and capital goods stocks declined.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) provisionally closed the day's trade flat. It end 0.65 points or 0.01 percent up at 8,762.75 points.

The Sensex of the Samp;P Bombay Stock Exchange (BSE), which opened at 29,115.32 points, closed at 29,007.99 points (at 3.30 p.m.), up 3.33 points or 0.01 percent from the previous day's close at 29,004.66 points.

The Sensex touched a high of 29,269.83 points and a low of 28,967.61 points in the intra-day trade.

Sector-wise, bank, healthcare, capital goods, metal and consumer durables stocks came under heavy selling pressure.

However, healthy buying was observed in information technology (IT), fast moving consumer goods (FMCG), technology, entertainment and media (TECK) and oil and gas stocks.

The Samp;P BSE bank index was down 164.25 points, healthcare index fell 162.13 points, capital goods index was lower by 124.24 points, metal index declined by 53 points and consumer durables index slipped 40.46 points.

The Samp;P BSE IT index was up 53.66 points, followed by FMCG index which was higher by 31.40 points, TECK index rose 29.79 points and oil and gas index augmented by 27.83 points.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.

More Information

null in null

Business

Section

AI boom propels Nvidia to historic market cap milestone

SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...

AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

Engineering

Section