Sensex trades in red; IT stocks fall


Mumbai, Aug 7 (IANS): A benchmark index of Indian equities markets was trading down - 82.25 points or 0.32 percent in Thursday's afternoon trade session, a day after it plunged 242 points.

The 30-scrip S&P Sensex of the Bombay Stock Exchange (BSE), which opened at 25,668.71 points, traded at 25,583.02 points (12.40 p.m.), down 82.25 points or 0.32 percent from its previous day's close at 25,665.27 points.

The Sensex touched a high of 25,715.36 points and a low of 25,558.41 intra-day.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 19.80 points or 0.26 percent at 7,652.25 points.

Heavy selling was observed in information technology (IT), technology, entertainment and media (TECK), healthcare, automobile and consumer durables stocks.

However, metal and oil and gas stocks gained.

In Thursday's trade, the S&P BSE IT index was down 121.80 points followed by TECK index which was lower by 60.24 points, healthcare index lost 56.35 points, automobile index fell 50.45 points and consumer durables index moved down 47.61 points.

However, the S&P BSE metal index gained 71.58 points and oil and gas index was up 40.12 points.

  

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Title: Sensex trades in red; IT stocks fall



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