Sensex trades flat; oil and gas stocks rise

A benchmark index of Indian equities markets was Thursday trading up 54 points or 0.21 percent as oil and gas and healthcare stocks gained.

However, heavy selling pressure was observed in automobile, bank and technology, entertainment and media (TECK) stocks.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,597.21 points, was trading at 25,528.01 points around 10.15 a.m. trade session, up 54.12 points or 0.21 percent from previous day's close at 25,473.89 point

The Sensex touched a high of 25,611.32 points and a low of 25,409.69 points during the trade so far. The S&P BSE oil and gas index moved up by 116.99 points, healthcare index was higher by 66.44 points and metal index rose by 40.29 points.

However, automobile index lost 49.83 points, bank index was lower by 22.27 points and TECK index slipped by 14.09 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat. It was up 5.50 points or 0.07 percent at 7,632.35 points.