Sensex trades in red; capital goods stocks down

Mumbai, June 16 : A benchmark index of Indian equities markets was trading in the negative territory in the late afternoon trade session Monday – down 74 points or 0.30 percent as capital goods and bank stocks declined. However, healthy buying was observed in information technology (IT), technology, entertainment and media (TECK) and consumer durables stocks.

The 30-scrip sensitive index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,239.50 points, was trading at 25,153.31 points around 2.00 p.m. trade session, down 74.86 points or 0.30 percent from previous day’s close at 25,228.17 point. The Sensex touched a high of 25,268.41 points and a low of 25,063.93 points during the trade so far.

The S&P BSE capital goods index was down 275.23 points, bank index moved lower by 134.83 points and automobile index lost 130.67 points. However, IT index gained 136.28 points, followed by TECK index which was up 60.57 points and consumer durables index was higher by 56.08 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading flat. It was down 24.15 points or 0.32 percent at 7,517.95 points.