Sensex closes 62 points down, oil and gas stocks tank


Mumbai, Oct 1 (IANS): On yet another day of volatile trade, a benchmark index of Indian equities market provisionally closed trade Wednesday 62.52 points or 0.23 percent down.

Profit booking was observed in oil and gas capital goods, fast moving consumer goods, consumer durables, bank and healthcare. Stocks of these sectors declined.

However, healthy buying was observed in information technology (IT) and technology, entertainment and media (TECK) sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,681.47 points, closed at 26,567.99 points, down 62.52 points or 0.23 percent from the previous day's close at 26,630.51 points.

The Sensex touched a high of 26,683.70 points and a low of 26,548.22 points in the intraday.

The S&P oil and gas index plummeted by 166.30 points, capital goods index was down 102.29 points, followed by FMCG index which was lower by 96.28 points, consumer durables index fell 96.28 points, healthcare index was down 53.03 points.

However, IT index was up 207.81 points and teck index gained by 80.21 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 57 points or 0.72 percent down at 7,968.85 points.

 

  

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Title: Sensex closes 62 points down, oil and gas stocks tank



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