Mumbai, July 27 (Inditop.com) Indian equities markets were sluggish a little after noon Monday with a key index slipping into the red after giving up early morning gains.
At 12.20 p.m., the 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened higher at 15,350.89 points, was at 15,371.02 points — 7.94 points or 0.05 percent lower than Friday’s closing figure.
The S&P CNX Nifty of the National Stock Exchange (NSE) was ruling flat around Friday’s closing figure at 4,568.4 points.
However, broader market indices were doing better with the BSE midcap index trading 1.03 percent higher and the BSE smallcap index moving up 1.25 percent.
Of the 13 sectoral indices on the BSE, those for realty, FMCG and consumer durables stocks were gaining the most, while energy and auto scrips came under selling pressure.
The market breadth was positive, with 1,530 stocks rising compared to 853 declining. Eighty-seven remained unchanged.
Among prominent gainers on the Sensex at this time were Hindustan Unilever, up 5.25 percent at Rs.296.90; DLF, up 4.93 percent at Rs.413.05; Tata Power, up 4.56 percent at Rs.1,226.30; and Reliance Communications, up 2.24 percent at Rs.282.50.
Losers included Reliance Industries, down 4.75 percent at Rs.1,918.15; Hero Honda, down 2.11 percent at Rs.1,699.05; Tata Motors, down 1.94 percent at Rs.366.25, and ONGC, down 1.62 percent at Rs.1,108.
In other Asian markets, the Nikkei 225 Stock Average, a key index of the Tokyo Stock Exchange, gained 144.11 points to grow to its six-week high at 10,088.66 points on hopes that companies would post better earnings reports.
The Hang Seng, the primary index of the Hong Kong Stock Exchange, also rose smartly to 20,312.05 points, up 329.26 points.
