Sensex falls 87 pts on selling in capital goods
The 87-point loss is due to selling by funds in heavy-weight stocks in capital goods, metal and banking sectors.business Updated: Nov 16, 2007 17:07 IST
The benchmark Sensex ended with a loss of 87 points on Friday on selling by funds in heavy-weight stocks in capital goods, metal and banking sectors.
The Bombay Stock Exchange's 30-share index, which had lost 144 points on Thursday, fell further by 86.53 points to 19,698.36. It touched the day's high of 19,838.03 and low of 19,472.51 points.
The wide-based National Stock Exchange's Nifty fell by 5.25 points to 5,906.85. In a choppy trade, it touched the day's high of 5,948.50 and low of 5,817.40 points.
Stocks in the capital goods sector remained lost 262.16 points to 20,643.71, followed by metal index falling 241.69 points to 17,498.20. Banking segment index also fell 49.97 points to 11,003.05.
However, surge in oil & gas and consumer durable sectors saved the market from any major fall. O&G index rose by 173.68 points to close at 12,479.56, while consumer durable index moved up by 132.27 points to 5,202.06.