Sensex trades flat during pre-noon trade

Mumbai, Aug 26 (IANS) A benchmark index of Indian equities markets was trading flat - up 63.45 points or 0.34 percent - during pre-noon trade Monday.

Good buying was observed in IT and technology, media and entertainment (TECK) sectors, while oil and gas and banking index (bankex) sectors were under selling pressure.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 18,602.56 points, was trading at 18,582.89 points in the pre-noon session, up 63.45 points or 0.34 percent from the last Friday's close at 18,519.44 points.

The Sensex touched a high of 18,728.19 points and a low of 18,540.98 points during trade so far.

The S&P BSE IT index gained 133.39 points and TECK index went up by 67.21 points. However, oil and gas index dipped by 91.10 points and bankex slipped by 76.66 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat at 13.10 points or 0.24 percent up at 5,484.85 points.

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