Sensex flat due to lacklustre morning trade

India Newzstreet Media

The BSE Sensex opened flat amid mixed global cues. The 30 share index declined 58 points in early trade on Friday to reach 28,714, while the NSE Nifty was also trading lower by 14 points at 8,852. All sectoral indices led by banking, IT, auto, power and FMCG were trading in the negative. Axis bank, Tata Motors, Airtel, ICICI bank, SBI and GAIL were affected as investors booked profits, dragging the indices down.