Sensex trades flat ahead of assembly election results

The BSE Power index rose 0.49% to be the biggest gainer, while the Bankex was the biggest loser, falling 0.47% 

 At 9.20am, the benchmark 30-share bellwether BSE Sensex was trading down 0.08%, or 16.81 points, at 20,941 points from its Thursday’s close of 20,957.81. Photo: Mint 

Mumbai: The BSE Sensex was trading flat on Friday ahead of the announcement of the assembly election results on Sunday. The markets had risen 1.2% the previous day cheering exit poll projections that gave the opposition Bharatiya Janata Party (BJP) a clear edge in four key state elections.

At 9.20am, the benchmark 30-share bellwether BSE Sensex was trading down 0.08%, or 16.81 points, at 20,941 points from its Thursday’s close of 20,957.81.

The National Stock Exchange’s (NSE’s) broader 50-share Nifty was trading down 0.06%, or 3.85 points, at 6,237.25 points.

The gainers on the opening bell of the Sensex included Bharat Heavy Electricals Ltd (BHEL) that rose 1.08% to Rs.172.40, while NTPC Ltd rose 0.83% to Rs.145.25.

Among the losers, Hindalco Industries Ltd shares lost 1.23% to Rs.120.40 apiece, while ICICI Bank Ltd lost 0.71% to Rs.1,128.

Pradeep Kumar

PGDM-1ST

FROM-LIVEMINT