Sensex down 119 points; consumer durable, auto stocks fall

May 23rd, 2012 - 2:20 pm ICT by IANS  

Sensex Mumbai, May 23 (IANS) A benchmark index for Indian equities markets was trading 119.32 points down around 12.15 p.m. Wednesday on heavy selling pressure in consumer durable, automobile and power stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 15,907.09 points, down by 0.74 percent or 119.32 points from its previous close of 16,026.41 points.

The Sensex touched a high of 15,995.14 points and a low of 15,847.03 points in the intra-day trade. The Sensex midcap was down 37.09 points but smallcap was up 34.92 points.

The BSE consumer durable index was down by 120.80 points, followed by automobile index down by 120.43 points, and power index down by 14.27 points.

Major Sensex losers included Tata Power, down by 2.99 percent at Rs.87.75; Maruti Suzuki, down 2.63 percent at Rs.1,122.90; Sun Pharma, down 2.25 percent at Rs.562.85; Hero MotoCorp, down 2.20 percent at Rs.1,819.85; Jindal Steel, down 2.10 percent at Rs.451.75.

Sensex gainers were Gail India, up by 2.88 percent at Rs.323; BHEL, up 0.84 percent at Rs.210.35; State Bank of India, up 0.55 percent at Rs.1,949.10; Hindalco Inds, up 0.51 percent at Rs.107.55; Tata Consultancy Services, up 0.08 percent at Rs.1,223.95.

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