Sensex, Nifty flat, financial stocks in red

Sensex and Nifty traded flat during the afternoon session on Friday, tracking negative Asian markets.

Markets were subdued as investors took to booking profit following healthy gains made by domestic bourses in the last three sessions, which saw gains of over 900 points.

Finance stocks, the index pivotal, traded lower with capital goods, healthcare and consumer durables stocks.

In contrast, oil and gas and telecom gained in the range if 1 to 3 per cent.

At 1.20 p.m., the Sensex traded 22.84 points higher at 35,952.48 points, touching an intra-day high of 36,019.02 and a low of 35,813.85 so far.

The Nifty50 traded just 8.30 points higher at 10,799.85 points, from the previous close.

--IANS

ravi/mr