E-Paper
Sensex closes flat; capital goods, bank stocks down
Amid weak global cues and profit booking in some sectors, a benchmark index for Indian equities markets closed flat on Monday. Heavy selling led to decline in capital goods, bank and consumer durables stocks.
Amid weak global cues and profit booking in some sectors, a benchmark index for Indian equities markets closed flat on Monday. Heavy selling led to decline in capital goods, bank and consumer durables stocks.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,820.56 points, closed at 19,691.42 points -- down 92.66 points or 0.47% from its previous close at 19,784.08 points.
The BSE Sensex touched an intra-day high of 19,856.43 points and a low of 19,654.46 points. The BSE midcap index closed higher by 17.38 points, while the smallcap index rosee 41.74 points.
The wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) closed the day's trade flat -- down 27.75 points or 0.46% at 5,988.40 points.
Among the sectoral indices, capital goods index was down 163.63 points, followed by bank index, down 91.69 points, and consumer durables index, down 79.16 points.
And those that made gains were the metal index, up 106.50 points, automobile index, up 43.30 points, and automobile index, up 33.29 points.
The major Sensex gainers were Maruti Suzuki, up 2.59% higher at Rs. 1,584.00; Cipla, up 1.75% at Rs. 423.30; Tata Steel, up 1.65% at Rs. 440.55; Hindalco Inds, up 1.32% at Rs. 134.35; and Sun Pharma, up 1.16% at Rs. 743.30.
Nineteen of the 30 Sensex scrips closed in the red.
Among the main losers were Larsen and Toubro (L&T), down 2.35% at Rs.1,589.45; HDFC, down 1.68% at Rs. 823.60; HDFC Bank, down 1.64% at Rs. 668.40; Hindustan Unilever, down 1.55% at Rs. 525.50; and Tata Power, down 1.18% at Rs.108.80.
Among other Asian markets, Japan's Nikkei index was down 0.83%, while Hong Kong's Hang Seng was down 0.01%. The Shanghai Composite Index closed higher by 0.37%.
The European markets were all in the red. Britain's FTSE 100 was down 0.34% while the German DAX was trading lower by 0.59%. The French CAC 40 was down 0.65%.
