Free Press Journal

Sensex down 418 points, capital goods stocks decline


sensex down

Mumbai: Below-expected quarterly results led a benchmark index of the Indian equities markets to fall 314 points or one percent in Monday’s afternoon trade session.

All sector-based indices of the Bombay Stock Exchange (BSE) were trading in the red, apart from consumer durables index.

The 30-scrip Sensitive Index (Sensex) of the S&P BSE, which opened at 28,566.50 points, was trading at 28,403.48 points (around 2 pm.), down 418 points from the previous day’s close at 28,717.91 points.

The Sensex touched a high of 28,566.50 points and a low of 28,337.43 points in the trade so far.

The S&P BSE capital goods index plunged by 278.82 points, followed by auto index which went down by 249.63 points, bank index fell by 247.87 points, metal index slipped by 203.95 points and healthcare index was lower by 91.26 percent.

However, consumer durables index was up 4.78 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 88.55 points or 1.02 percent down at 8,572.50 points.