A day after the central bank decided against cutting key interest rates, a benchmark index of Indian equities markets was trading flat Wednesday at 47 points or 0.17 percent down.
Healthy buying was seen in auto, capital goods and banking sectors, while heavy selling pressure was observed in information technology (IT), fast moving consumer goods (FMCG) and technology, entertainment and media (TECK) 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 28,396.82 points (at 11.50 a.m.), down 47.19 points or 0.17 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 188.78 points, capital goods index went up by 174.58 points and bank index rose by 104.90 points. However, information technology (IT) index was lower by 48.93 points, FMCG index dipped by 42.91 points and TECK index was down by 18.63 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat. It was down 2.65 points or 0.03 percent down at 8,522.05 points.