Inventories of capital goods fell slightly


Capital goods stocks were trading in the red, with the S&P BSE Capital Goods Index falling 275.05 points or 1.03% to 26384.95 at 1:47 p.m. IST.

Among the constituents of the S&P BSE Capital Goods Index, Graphite India Ltd (down 3.3%), Carborundum Universal Ltd (down 3.29%), Praj Industries Ltd (down 3.03%) , Bharat Forge Ltd (down 2.18%), Thermax Ltd (down 1.97%), were the big losers. Other losers included Lakshmi Machine Works Ltd (down 1.94%), Larsen & Toubro Ltd (down 1.85%), Hindustan Aeronautics Ltd (down 1.61%), HEG Ltd (down down 1.32%) and Bharat Heavy Electricals Ltd (down 1.17%). %).



In contrast, SKF India Ltd (+5.22%), Schaeffler India Ltd (+3.22%) and Timken India Ltd (+2.22%) advanced.

As of 1:47 p.m. IST, the S&P BSE Sensex was down 82.12 or 0.15% at 54206.49.

The Nifty 50 index fell 22.6 points or 0.14% to 16192.1.

The S&P BSE Small-Cap Index lost 133.52 points or 0.51% to 26048.54.

The S&P BSE 150 Midcap Index fell 24.72 points or 0.31% to 7951.29.

On the BSE, 1134 stocks were trading green, 2090 were trading red and 139 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 endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received 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 bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Comments are closed.