Home Economy Sensex down 97 points down, IT, capital goods stocks plummet

Sensex down 97 points down, IT, capital goods stocks plummet

By IANS,

Mumbai: A benchmark index of Indian equities markets was trading 97 points lower in afternoon trade after heavy selling in information technology and capital goods stock.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 18,727.10 points, was ruling at 18,707.74 points, down 97.01 points or 0.52 percent from its previous day’s close at 18,804.75 points.

The Sensex touched a high of 18,844.35 points and a low of 18,677.10 points in intra-day trade.

The BSE midcap index was up 35.45 points and so was the smallcap index, up 41.93 points.

On the sectoral front, the BSE IT index was down 130.00 points followed by the capital goods, down 73.19 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) was also down 27 points or 0.47 percent, ruling at 5,681.05 points.

Among other Asian markets, Japan’s Nikkei closed 0.15 percent down while Hong Kong’s Hang Seng ended trading 0.51 percent up. Shanghai’s composite index closed 0.10 percent higher.