360° Coverage : Sensex closes 126 points down; consumer durables lose

Sensex closes 126 points down; consumer durables lose

Mumbai, Dec 13 (IANS) A benchmark index for Indian equities markets Thursday closed 126 points down following selling pressure in consumer durables, capital goods and fast moving consumer goods (FMCG) stocks.

Dec 13 2012, 7:07am CST | by

Sensex closes 126 points down; consumer durables lose
Photo Credit: FABRICE COFFRINI, Getty Images

Mumbai, Dec 13 — A benchmark index for Indian equities markets Thursday closed 126 points down following selling pressure in consumer durables, capital goods and fast moving consumer goods (FMCG) stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,403.66 points, closed at 19,229.26 points, down 126.00 points or 0.65 percent from its previous close at 19,355.26 points.

The index touched a high of 19,421.72 points and low of 19,196.75 points intra-day. The BSE midcap index was down 81.54 points, while the smallcap index lower by 72.00 points.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange was down 36.50 points or 0.62 percent at 5,851.50 points.

The BSE consumer durables index fell 221.00 points; followed by FMCG index, down 161.76 points; capital goods, down 128.72 points; metals, down 121.72 points; and public sector undertakings (PSU), down 53.65 points.

However, the auto index was up by 96.37 points and oil and gas index increased by 6.67 points.

Among the gainers were Tata Motors, up 3.96 percent at Rs.287.40; Jindal Steel, up 1.76 percent at Rs.420.10; Bharti Airtel, up 1.54 percent at Rs.316.75; Bajaj Auto, up 1.35 percent at Rs.2083.25; and ICICI Bank, up 0.80 percent at Rs.1,121.65.

The major losers were ITC, 3.55 percent lower at Rs.295.00; Sterlite Inds, down 3.27 points at Rs.109.30; Cipla, down 2.14 percent at Rs.406.50; Hindalco Inds, down 2.03 percent at Rs.115.90; and Hindustan Unilever, down 1.91 percent at Rs.519.80.

Among other Asian markets, Japan's Nikkei was up 1.68 percent while Hong Kong's Hang Seng declined 0.26 percent. The Shanghai Composite Index also closed lower by 1.02 percent.

European markets were flat. Britain's FTSE 100 was down 0.26 percent while the German DAX was trading lower by 0.37 percent. The French CAC 40 was down 0.16 percent.

IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

$75,000 Apple Watch revealed
$75,000 Apple Watch revealed
When Apple's designs are not exclusive enough then there are 3rd parties who add gold and diamonds to the iGadget to make them precious. Brikk announced the Lux Watch, a diamond studded version of the Apple Watch.
 
 
Sony will not Sell Off TV And Mobile Spinoffs
Sony will not Sell Off TV And Mobile Spinoffs
Sony President Kazuo Hirai clarified on Wednesday that the company will not immediately sell off the spun out TV and mobile phone business.
 
 
Apple Watch gets 12-page Vogue Magazine Ad
Apple Watch gets 12-page Vogue Magazine Ad
The March issue of Vogue Magazine packs 12 pages of Apple Watch ads.
 
 
Wearables that go beyond the Apple Watch
Wearables that go beyond the Apple Watch
Apple Watch is going to open a new chapter in wearables, but where is the future?