Sensex down 31 points, banking, realty stocks fall

August 27th, 2012 - 3:03 pm ICT by IANS  

Sensex Mumbai, Aug 27 (IANS) A benchmark index of Indian equities markets was trading 31 points lower in afternoon trade Monday after heavy selling in banking, realty and capital goods stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,769.44 points, was ruling at 17,751.65 points, 0.18 percent or 31.56 points down from its previous day’s close at 17,783.21 points.

The Sensex touched a high of 17,820.07 points and a low of 17,715.91 points in intra-day trade.

The wider 50-scrip S&P; CNX Nifty of the National Stock Exchange was ruling 0.25 percent down at 5,373.50 points.

The BSE banking index was down 124.81 points followed by the realty index, down 16.32 points, and the capital goods index, down 87.38 points.

The main Sensex losers were Jindal Steel, down 3.51 percent at Rs.383.70, ICICI Bank, down 1.80 percent at Rs.938.50, Tata Motors, down 1.77 percent at Rs.241.65, BHEL, down 1.67 percent at Rs.227.30; and SBI, down 1.41 percent at Rs.1,868.

The major gainers were Bharti Airtel, up 1.61 percent at Rs.252, Mahindra and Mahindra, up 1.36 percent at Rs.772.90, Cipla, up 1.19 percent at Rs.371.25, Hindustan Unilever, up 0.97 percent at Rs.523.90; and RIL, up 0.84 percent at Rs.788.65.

Among other Asian markets, Japan’s Nikkei was up 0.16 percent while Shanghai’s composite index was trading 1.74 percent lower. Hong Kong’s Hang Seng was down 0.49 percent.

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