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Sensex trades flat; Bankex falls

Indian markets dropped on Tuesday erasing earlier gains. At 12.10 pm., the Sensex was trading down 3.06 points or 0.02% at 15,967.69 with 17 components falling. Meanwhile, the Nifty was trading lower by 6.95 points or 0.15% at 4,772.05 with 27 components falling.

The 30-share benchmark index, BSE Sensex opened flat with a rise of 13.23 points or 0.08% at 15,983.98, while the broad based NSE Nifty began flat with a gain of 1.20 points or 0.03%, at 4,780.20.

Sensex Movers

Tata Motors contributed fall of 7.82 points in the Sensex. It was followed by H D F C Bank (7.06 points), Tata Consultancy Services (6.72 points), State Bank Of India (4.19 points) and Tata Steel (3.62 points).

However, Larsen & Toubro contributed rise of 10.36 points in the Sensex. It was followed by Infosys (4 points), Tata Power Company (3.32 points), Reliance Communications (2.99 points) and Mahindra & Mahindra (2.91 points).

Biggest gainers in the 30-share index were Tata Power Company (1.81%), Larsen & Toubro (1.39%), Wipro (0.86%), Mahindra & Mahindra (0.76%), Jindal Steel & Power (0.53%), and Bajaj Auto (0.47%).

On the other hand, Tata Motors (2.07%), Jaiprakash Associates (1.63%), Coal India (1.51%), Cipla (1.22%), Tata Steel (1.17%), and D L F (0.84%) were the biggest losers in the Sensex.

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