Sensex loses 102 points; capital goods stocks dip
A benchmark index of Indian equities markets Friday was trading 102.90 points or 0.40 percent down as capital goods stocks plunged.
All the sectors were trading in red. Big selling pressure was seen in banking, capital goods and auto sectors.
The 30-scrip Sensitive Index (Sensex) of the S and P Bombay Stock Exchange (BSE), which opened at 25,753.92 points, was trading at 25,792.07 points (at 1.30 p.m.), down 102.90 points or 0.40 percent from the previous day's close at 25,894.97 points.
The Sensex touched a high of 25,862.68 points and a low of 25,679.46 points in the trade so far.
The S and P BSE capital goods down by 108.75 points, information technology (IT) index dropped by 99.66 points, oil and gas index slipped 84.80 points, healthcare index was lower by 72.73 points, and metal index slid by 65.62 points.
However, bank index was up 82.79 points, fast moving consumer goods (FMCG) index was higher 17.25 points and automobile index gained 15.68 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in red. It was 27.70 points or 0.36 percent down at 7,693.60 points.
(Posted on 01-08-2014)