Market trading flat

Markets traded on a flat note in the last hour of trade. Buying was visible in capital goods, realty, auto and power stocks. The Sensex was higher by 60 points at 18,506 and the Nifty was at 5538 higher by 16 points.

HDFC was the top gainer on the Sensex, the stock was trading higher by 3.3% at Rs 672, Tata Power added 3.2% to Rs 1193. HDFC Bank, Larsen & Toubro, DLF, J P Associates, TCS and Bajaj Auto were also trading higher by 1.5-2.7% each. Menawhile Sterlite Industries, Hindalco, Infosys, Tata Steel, Reliance Industries, ICICI Bank and Wipro were among the losers.

On the sectoral front, the BSE Capital Goods index was the top gainer, the index was at 13,141 higher by 222 points or 1.7%, BSE Realty index added 1.6% at 2097, Auto index added 0.5% at 2596. Power, FMCG, Consumer Durable and Bankex indices were also higher by 0.2-0.4% each. On the other hand BSE Metal index was the top sectoral loser, the index shed 128 points at 15,854. IT, Oil & Gas, PSU and Healthcare indices were also trading in the red.

Punj Lloyd was the top gainer among the capital goods stocks, the stock was trading higher by 4.3% at Rs 66, Havells, Larsen & Toubro, Gammon India, BGR Energy, BHEL, Lakshmi Machine Works and BEML were also amongg the gainers. Among the realty stocks Sobha Developers was the top gainer followed by Orbit Corp, Ackruti City, Indiabulls Real Estate, DLF and D B Realty.

Welspuncorp led the losers charts among the metal stocks, down 4% to Rs 184, Hindalco, Sterlite Industries, Tata Steel, Jindal Steel, NMDC and SAIL were also among the losers.

The broader markets traded on a flat note the BSE mid-cap index added 21 points at 6598 and the small-cap index was at 8023 highewr by 20 points.