Sensex closes flat

Jul 23, 2010 |

IANS

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Mumbai, July 23: A benchmark index for Indian equities closed flat in lacklustre trade Friday.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,132.29 points, closed at 18,103.89 points, 9.26 points or 0.05 percent down from its previous close at 18,113.15 points.

At the National Stock Exchange(NSE), the broader 50-share S&P CNX Nifty ended at 5,444.1 points, up 0.04 percent from its previous close at 5,441.95 points.

Broader markets indices were dragged lower by some late selling. The BSE midcap index closed 0.38 percent down, while the BSE smallcap index 0.58 percent lower.

Other major Asian markets rose in anticipation of strong US company results.

The Japanese Nikkei shut shop 2.28 percent higher at 9,430.96 points, while the South Korean Kospi ended with a 1.3 percent gain at 1,758.06 points.

Hong Kong's Hang Seng was up 1.1 percent at 20,815.33 points, and the Chinese Shanghai Composite index closed moderately higher at 2,572.03 points, up 0.38 percent.

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