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Home Markets

Capital goods index top sectoral loser on BSE

by The Editor
May 18, 2018
in Markets
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Capital goods index top sectoral loser on BSE
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NEW DELHI: The BSE Capital Goods index remained the top loser among the sectoral indices on Friday.

The index settled 3.05 per cent down at 18,439 on Friday, with only Mahindra CIE Automotive (up 1.46 per cent) and Va Tech Wabag (up 0.18 per cent) as gainers.

Reliance Naval and Engineering (down 8.88 per cent) remained the top loser in the index.

It was followed by BEML (down 6.45 per cent), V-Guard Industries (down 5.86 per cent), Suzlon Energy (down 4.93 per cent) and CG Power and Industrial Solutions (down 4.68 per cent).

Graphite India (down 3.73 per cent), Bharat Heavy Electricals (down 3.65 per cent), Larsen & Toubro (down 3.54 per cent), Sadbhav Engineering (down 3.32 per cent), Welspun Corp (down 3.18 per cent), Kalpataru Power Transmissions (down 3.09 per cent) and Havells India (down 3.01 per cent), Bharat Electronics (down 2.95 per cent) and NBCC (down 2.50 per cent) also suffered losses.

Equity benchmarks Sensex and Nifty finished Friday's trade nearly 1 per cent down on across the board selling, with FMCG as an exception.

The BSE Sensex lost 301 points, or 0.86 per cent, to settle at 34,848, with only 7 stocks in the green and 24 in the red.

The Nifty index suffered a fall of 86 points, or 0.81 per cent, finishing at 10,596. Among the 50 stocks in the index, 14 settled in the green and 36 in the red.

Larsen & Toubro, ICICI Bank, Sun Pharma, Tata Motors, Tata Steel and Wipro remained the top losers in the Sensex index.

Original Article

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