Sensex down 108 points, bank, capital goods stocks fall

August 24th, 2012 - 4:04 pm ICT by IANS  

Sensex Mumbai, Aug 24 (IANS) A benchmark index of Indian equities markets was trading 108 points lower in afternoon trade Friday after heavy selling in bank, capital goods and oil and gas stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,790.25 points, was ruling at 17,742.23 points, 0.60 percent or 107.99 points down from its previous day’s close at 17,850.22 points.

The Sensex touched a high of 17,822.50 points and a low of 17,725.42 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange was ruling 0.58 percent or 31.50 points down at 5,383.85 points.

The BSE bank index was down 140.89 points followed by the capital goods index, down 135.48 points, and oil and gas index, down 110.90 points.

The major Sensex gainers were Hindustan Unilever, up 1.29 percent or 6.70 points at Rs.525.65, Coal India, up 1.17 percent or 4.20 points at Rs.363.00, ITC, up 0.80 percent or 2.10 points at Rs.266.00, ONGC, up 0.66 percent or 1.85 points at Rs.283.45; and Bharti Airtel, up 0.52 percent or 1.30 points at Rs.250.00.

The main Sensex losers were Tata Steel, down 2.78 percent or 11.10 points at Rs.387.50, Hindalco Inds, down 1.94 percent or 2.20 points at Rs.111.00, ICICI Bank, down 1.78 percent or 17.35 points at Rs.955.80, RIL, down 1.74 percent or 13.85 points at Rs.780.60; and BHEL, down 1.48 percent or 3.45 points at Rs.229.90.

Among other Asian markets, Japan’s Nikkei was down 1.17 percent while Shanghai’s composite index was trading 0.99 percent lower. Hong Kong’s Hang Seng was down 1.25 percent.

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