Capital Goods shares fall

Capital Market 

Capital Goods stocks were trading in the negative zone, with the S&P BSE Capital Goods index falling 338.43 points or 2.34% at 14106.04 at 13:54 IST.

Among the components of the S&P BSE Capital Goods index, Larsen & Toubro Ltd (down 5.45%), Bharat Heavy Electricals Ltd (down 3.66%),Finolex Cables Ltd (down 2.42%),ABB India Ltd (down 2.07%),Bharat Forge Ltd (down 1.9%), were the top losers. Among the other losers were AIA Engineering Ltd (down 1.5%), Bharat Electronics Ltd (down 1.42%), Thermax Ltd (down 1.05%), SKF India Ltd (down 0.82%), and Hindustan Aeronautics Ltd (down 0.71%).

On the other hand, Adani Green Energy Ltd (up 5%), Carborundum Universal Ltd (up 3.3%), and Lakshmi Machine Works Ltd (up 1.88%) moved up.

At 13:54 IST, the S&P BSE Sensex was down 205.74 or 0.52% at 39716.72.

The Nifty 50 index was down 99.7 points or 0.85% at 11629.9.

The S&P BSE Small-Cap index was down 112.53 points or 0.75% at 14863.23.

The S&P BSE 150 Midcap Index index was down 25.52 points or 0.51% at 4964.47.

On BSE,818 shares were trading in green, 1619 were trading in red and 174 were unchanged.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, October 29 2020. 14:00 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU