Market Now: Capital goods index climbs over 1%; Graphite India, L T top contributors

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Gains in Suzlon Energy (up 2.83 per cent), Graphite India (up 2.20 per cent), BEML (up 1.77 per cent) and Larsen Toubro (up 1.59
per cent) gave a boost to capital goods index during Wednesday's trade.The BSE Capital Goods index was trading 1.08 per cent up at 18,619
around 12:30 pm
Shares of GE TD India (up 1.52 per cent), NBCC (India) (up 1.40 per cent), Sadbhav Engineering (up 1.22 per cent) and Bharat Electronics (up
1.02 per cent) climbed over 1 per cent.Va Tech Wabag (up 0.84 per cent), Mahindra CIE Automotive (up 0.82 per cent), Siemens (up 0.61 per
cent), SKF India (up 0.57 per cent), Thermax (up 0.43 per cent) and Carborundum Universal (up 0.19 per cent) also found themselves among the
gainers.On the other hand, Welspun Corp (down 1.86 per cent), Kalpataru Power Transmissions (down 1.59 per cent) and CG Power and Industrial
Solutions (down 1.01 per cent) declined over 1 per cent to feature among the top losers in the capital goods index.Shares of Reliance Naval
and Engineering (down 0.68 per cent), Havells India (down 0.56 per cent), ABB India (down 0.29 per cent), Lakshmi Machine Works (down 0.29
per cent), Bharat Heavy Electricals (down 0.26 per cent) and AIA Engineering (down 0.17 per cent) were also under pressure.Equity benchmarks
pared some losses on gains in State Bank of India, ICICI Bank, Tata Motors, Larsen Toubro and Infosys.Benchmark BSE Sensex was 18 points
down at 34,633, while the NSE Nifty50 index was down 23 points at 10,514
In the Sensex index, 13 stocks were trading with gains, while 18 were suffering losses.State Bank of India, surging over 5 per cent, was
leading the pack of Sensex gainers.