Sensex down 31 points; oil and gas stocks fall

Mumbai, Feb 24 (IANS) A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), was trading 31 points or 0.11 percent down in the afternoon session of trade Tuesday.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading in the red. It was down 6.75 points or 0.08 percent at 8,748.20 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,016.55 points, was trading at 28,944.14 points (1.00 p.m.), down 30.97 points or 0.11 percent from the previous day’s close at 28,975.11 points.

The Sensex had so far touched a high of 29,054.82 points and a low of 28,917.63 points in the intra-day trade.

Sector-wise, oil and gas, metal and automobile stocks came under selling pressure; while healthy buying was observed in fast moving consumer goods (FMCG), capital goods and information technology (IT) sectors.

The S&P BSE oil and gas index plunged 160.37 points, followed by metal index which declined 100.03 points and automobile index fell by 82.08 points.

However, FMCG index gained 84.23 points, capital goods index was up 76.72 points and IT index rose 53.81 points.

You may also like...

Rules of Discussion on Sensex down 31 points; oil and gas stocks fall

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean