Sensex dips 106 points; capital goods stocks plunge
A benchmark index of Indian equities markets Wednesday was trading 106.42 points or 0.41 percent down as capital goods stocks plunged.
Selling pressure was seen in capital goods and metal sectors, while marginal good buying was observed in consumer durables sector.
The 30-scrip Sensitive Index (Sensex) of the S and P Bombay Stock Exchange (BSE), which opened at 26,005.14 points, was trading at 25,884.81 points (at 01.07 p.m.) in the afternoon session, down 106.42 points or 0.41 percent from the previous day's close at 25,991.23 points.
The Sensex has touched a high of 26,022.62 points and a low of 25,884.11 points in the trade so far.
The S and P BSE capital goods index plunged by 813.81 points and metal index dropped by 126.11 points. However, consumer durables index went up by 64.29 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 35.40 points or 0.46 percent down at 7,713.30 points.
(Posted on 30-07-2014)