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Stock market update: VIP Industries, Titan boost consumer durables index

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NEW DELHI: Gains in VIP Industries (up 4.99 per cent), Titan Company (up 2.39 per cent), Rajesh Exports (up 1.43 per cent) and Crompton Greaves Consumer Electricals (up 0.29 per cent) boosted consumer durables index in afternoon trade on Tuesday in an otherwise weak market. The BSE Consumer Durables index was trading 1.12 per cent up at 21,669 around 02:15 pm.

However, PC Jeweller (down 1.63 per cent), Blue Star (down 1.55 per cent), TTK Prestige (down 1.30 per cent), Whirlpool of India (down 1.21 per cent), Voltas (down 0.77 per cent) and Symphony (down 0.66 per cent) were incurring losses around that time. Market was trading almost flat as gains in HDFC twins, Infosys and Maruti were offset by losses in Adani Ports, Axis Bank, Reliance Industries and State Bank of India.

The BSE Sensex was up 43 points at 37,734, while the NSE Nifty50 index was up 18 points at 11,405.

Among the 50 stocks in the Nifty index, 28 were trading in the green, while 22 were in the red.

In the Sensex index, 15 stocks were advancing, while 16 were declining in trade. Tata Steel, NTPC and Asian Paints were leading among Sensex scrips. However, Adani Ports, Coal India and Axis Bank were leading among Sensex losers.




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