A day after the central bank decided against cutting key interest rates, a benchmark index of Indian equities markets was trading flat in last afternoon trade session Wednesday up 31 points or 0.11 percent.
Healthy buying was seen in auto, capital goods and oil and gas sectors, while heavy selling pressure was observed in information technology (IT), technology, entertainment and media (TECK) and fast moving consumer goods (FMCG) scrips.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 28,472.32 points, was trading at 28,474.74 points (at 2.12 p.m.), up 30.73 points or 0.11 percent from the previous day's close at 28,444.01 points.
The Sensex touched a high of 28,504.65 points and a low of 28,370.73 points in the trade so far.
The S&P auto index gained by 215.23 points, capital goods index went up by 184.52 points and oil and gas index rose by 168.54 points. However, information technology (IT) index was lower by 48.59 points, TECK index dipped by 22.24 points and TECK index was down by 21.13 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat. It was up 0.30 points at 8,525 points.