Stock market update: L T, BHEL, BEML keep capital goods index in the green

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Even as most capital goods stocks were incurring losses, gains in select heavyweights were keeping the sectoral index in the
green zone. The BSE Capital Goods index was trading 0.97 per cent up at 17,199 around 10:15 am, backed by gains in shares of Larsen Toubro
(LT) (up 2.21 per cent), BHEL (up 1.84 per cent), BEML (up 0.53 per cent) and SKF India (up 0.46 per cent). Shares of Elgi Equipments (up
0.19 per cent) and V-Guard Industries (up 0.14 per cent) were trading with nominal gains. Suzlon Energy (down 2.87 per cent), Graphite India
(down 2.65 per cent), GE TD India (down 2.34 per cent), HEG (down 2.09 per cent) and Sadbhav Engineering (down 1.85 per cent) were the top
losers in the index. Shares of Carborundum Universal (down 1.70 per cent), Finolex Cables (down 1.60 per cent), Siemens (down 1.42 per
cent), Schaeffler India (down 1.27 per cent), Kalpataru Power Transmissions (down 1.21 per cent), Dilip Buildcon (down 1.16 per cent), ABB
India (down 1.13 per cent) and Thermax (down 1.04 per cent) declined over 1 per cent. AIA Engineering (down 0.98 per cent), Lakshmi Machine
Works (down 0.84 per cent), Havells India (down 0.79 per cent), CG Power and Industrial Solutions (down 0.78 per cent) and BEL (down 0.30
per cent) declined in that order
Rupee's fresh fall, surging crude oil prices, firming bond yields and weakness in other Asian markets weighed on domestic market
sentiment. Benchmark BSE Sensex was 593 points down at 35,382, while the NSE Nifty50 index was down 175 points at 10,683
Among the 50 stocks in the Nifty index, 8 were trading in the green, while 42 were in the red
In the Sensex index, Reliance Industries, Hero MotoCorp, TCS, Hindustan Unilever and HDFC were leading among losers.