Mumbai, April 8 (IANS) A benchmark index of Indian equities markets was trading flat in the late afternoon trade Monday owing to heavy selling pressure in information technology (IT), consumer goods and automobile stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened in the red at 18,455.80 points, was trading at 18,444.85 points in the late afternoon session, down 5.38 points or 0.03 percent from its previous day's close at 18,450.23 points.
The Sensex slumped to a low of 18,402.93 points in the intra-day trade and touched a high of 18,504.48 points.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) was trading 0.02 percent or 1.20 points down at 5,552.05 points in the afternoon session.
The BSE IT index was down 54.00 points, followed by capital goods index, lower by 34.15 points and the automobile index, down by 27.97 points.
However, health care index was up 82.42 points, the oil and gas index was up 62.94 points and the consumer durables index was higher by 58.58 points.