Mumbai, May 31 (IANS) A benchmark index for Indian equities Monday was trading on a flat note in afternoon trade after making modest gains on news that the economy grew at a robust 8.6 percent in the last quarter of 2009-10.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,872.17 points, was ruling at 16,872.9 points, 9.84 points or 0.06 percent up from its previous close at 16,863.06 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,057.6 points, down 0.18 percent from its previous close at 5,066.55 points.
Broader markets too saw little action with the the BSE midcap index ruling a meagre 0.23 percent up and the BSE smallcap index 0.26 percent higher.
Realty and metal stocks were under selling pressure, while scrips of PSUs and oil and gas firms were among the gainers.
Among other Asian markets, the Japanese Nikkei ended flat at 9,768.7 points, up 0.06 percent.
Real estate scrips took a beating in Hong Kong and the Chinese mainland, after authorities sought to curb speculation in the property market.
Hong Kong’s Hang Seng was down 0.29 percent at 19,708.77, while the Shanghai composite index was ruling 1.92 percent lower at 2,604.72 points.
The South Korean Kospi was, however, trading with a 1.14 percent gain at 1,641.25 points.
