Indian equities trade flat on Day One of new fiscal

Indian equities were trading flat on the first day of fiscal 2015-2016, with the fall in the growth of output of six core industries to a four-month low of 1.4 percent in February weighing on the investor mood.

The sensitive index (Sensex) of the Bombay stock Exchange (BSE) on Wednesday opened at 27,954.86, against the previous day's close at 27,957.49. After fluctuating both ways for about an hour into trading, it was ruling at 28,003.39 points, with a gain 45.90, or 0.16 percent.

At the National Stock Exchange (NSE) the CNX Nifty was at 8,496.40 points, with a gain of 5.40 points, or 0.06 percent.

 

Dr. Reddy's Laboratories was leading the gainers, up 1.89 percent at Rs.3,553.35, while Infosys Technologies was the top loser among the Sensex shares, down 2.15 percent at Rs.2,168.90.