Sensex gains 120 points; capital goods stocks rally
A benchmark index of Indian equities markets Monday was trading 120.41 points or 0.46 percent up as capital goods stocks rallied.
Good buying was observed in capital goods, banking, oil and gas, consumer durables, auto, metal and healthcare sectors, while marginal selling pressure was seen in healthcare sector.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,123.69 points, was trading at 26,223.64 points (at 12.21 p.m.), up 120.41 points or 0.46 percent from the previous day's close at 26,103.23 points.
The Sensex has touched a high of 26,236.84 points and a low of 26,075.28 points in the trade so far.
The S&P BSE capital goods index gained 309.69 points, bankex moved up by 234.57 points, oil and gas index gained by 137.48 points, consumer durables index increased by 137.40 points, auto index went up by 135.89 points, metal index got augmented by 117.64 points and healthcare index inched up by 112.21 points.
However, FMCG index went down by 63.41 points.The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 37.40 points or 0.48 percent up at 7,829.10 points.
(Posted on 18-08-2014)