Equity indices flat in volatile trade, metal stocks under pressure
Equity benchmark indices were flat during early hours on Wednesday as investors assessed the economic fallout from fast-spreading coronavirus
New Delhi: Equity benchmark indices were flat during early hours on Wednesday as investors assessed the economic fallout from fast-spreading coronavirus. At 10:15 am, the BSE S&P Sensex was down by 6 points to 38,618, but the Nifty 50 edged higher by 12 points at 11,316. Sectoral indices at the National Stock Exchange were mixed with Nifty metal losing by nearly 1%, PSU bank by 0.7% and realty by 0.6%. Among stocks, Tata Steel lost by 1.9% at Rs 380.30 per share while Vedanta was down by 1.8%, and JSW Steel by 0.9%.