Mumbai Oct 5 (IANS) Key Indian equity indices which opened in the green on Thursday traded on a flat-to-negative note during the mid-afternoon session as heavy selling pressure in banking and oil and gas stocks suppressed investors sentiments.
Index heavyweights like ICICI Bank State Bank of India Power Grid and Axis Bank traded with losses and added to the downward trajectory of the indices said market observers.
At 1 p.m. the wider Nifty50 of the National Stock Exchange (NSE) traded at 9 901.45 points -- down 13.45 points or 0.14 per cent.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 725.85 points traded at 31 633.35 points -- down 38.36 points or 0.12 per cent from its previous close.
The Sensex has so far touched a high of 31 772.41 points and a low of 31 610.65 points during intra-day trade.
The BSE market breadth was bullish -- 1 416 advances and 1 051 declines.
On Wednesday the benchmark indices closed on a higher note as positive global cues coupled with healthy buying in healthcare oil and gas and FMCG stocks buoyed investors sentiments.
The Nifty50 rose by 55.40 points or 0.56 per cent to close at 9 914.90 points while the Sensex closed at 31 671.71 points -- up 174.33 points or 0.55 per cent.
--IANS
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