Sensex trades flat; capital goods stocks slump

Snapping three-day winning streak a benchmark index of Indian equities markets was trading flat at 43.70 points or 0.18 percent down Wednesday as capital goods stocks slumped.

Good buying was observed in metal and consumer durables sectors, while selling pressure was seen in capital goods and auto sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 23,897.88 points, was trading at 23,827.53 points in the pre-noon session, down 43.70 points or 0.18 percent from the previous day's close at 23,871.23 points.

The Sensex touched a high of 23,964.67 points and a low of 23,795.16 points in trade.

The S&P BSE metal index gained 146.12 points and consumer durables index moved up by 61.26 points; while the capital goods index slipped by 111.17 points and auto index went down by 49.39 points. 

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat at 10.70 points or 0.15 percent down at 7,098.05 points.