After record high, Sensex closes in negative zone

Stock-investor-BSE

Mumbai, April 10: A benchmark index of Indian equities markets ended Thursday’s trade in the negative territory, after touching another record high of 22,792.49 points. The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE) hit a new intra-day record, surpassing the previous high of 22,727.20 points reached April 9.

The S&P BSE Sensex, which opened at 22,729.46 points, however, closed the day’s trade 22,645.61 points (provisional), down 56.73 points or 0.25 percent from the previous day’s close at 22,702.34 points. The Sensex touched a high of 22,729.49 points and a low of 22,644.43 points intra-trade.

Healthy buying was observed in capital goods, oil and gas, and power stocks, while healthcare, information technology (IT) and technology, entertainment and media (TECK) sectors came under sustained selling pressure. The S&P BSE capital goods index gained by 131.29 points, oil and gas index gained by 67.34 points and power index rose 40.14 points.

However, healthcare index declined by 171.96 points, IT index was lower by 88.42 points and TECK index fell 49.78 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) too touched a new record high of 6,819.05 points. However, it too ended trade at 6,778.95 points, down 17.25 points or 0.25 percent.