Stock Market

Stock market update: Consumer durable stocks mixed; PC Jeweller top gainer

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NEW DELHI: Consumer durable stocks were trading mixed during afternoon trade on Wednesday. Shares of PC Jeweller (up 3.19 per cent), VIP Industries (up 0.85 per cent), Titan Company (up 0.32 per cent), Symphony (up 0.28 per cent) and Whirlpool of India (up 0.12 per cent) were the gainers in the index. On the other hand, Rajesh Exports (down 1.87 per cent), Bajaj Electricals (down 0.72 per cent), Crompton Greaves Consumer Electricals (down 0.33 per cent) and Blue Star (down 0.32 per cent) were the losers. The BSE Consumer Durables index was trading flat at 20,970 around 01:05 pm.

Equity markets were down on selling across sectors, led by bank, financial, FMCG, IT and auto stocks. Unabated capital outflows by foreign funds and profit-booking by retail investors amid weak global cues too dampened sentiments.

However, market pared losses on gains in HDFC Bank, Mahindra Mahindra, Kotak Mahindra Bank, Reliance Industries and Coal India. The BSE Sensex was 12 points down at 34,938, while the NSE Nifty50 index was down 11 points at 10,623.

Among the 50 stocks in Nifty index, 20 were trading in green, while 30 were in the red.

In the Sensex kitty of stocks, 15 stocks were up, while 16 were down.




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Category: Stock Market


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