BSE Sensex plunges 133 Points; Auto Stocks slide

A benchmark index of Indian equities markets closed Friday’s trade down 133 points or 0.46 percent as interest sensitive stocks like automobiles and bank plunged. Heavy selling pressure was seen in automobile, bank, healthcare, capital goods, oil and gas, consumer durables and metal stocks while information technology (IT), fast moving consumer goods (FMCG) and technology, entertainment and media (TECK) scrips gained.

The BSE Sensex, which opened at 28,892.21 points, closed the day’s trade 28,717.91 points, down 133.06 points or 0.46 percent from the previous day’s close at 28,850.97 points.The BSE Sensex touched a high of 28,922.85 points and a low of 28,647.14 points in the intra-day trade.

The S&P BSE automobile index plunged 541.95 points, bank index was lower by 277.77 points, healthcare index fell by 266.38 points, capital goods index lost 123.90 points, oil and gas index declined by 110.79 points, consumer durables index was down 105.94 points and metal index decreased by 80.35 points. However, IT index was up 102.63 points, FMCG index was higher by 68.83 points and TECK index rose 46.22 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) too closed in the red. It was down 50.65 points or 0.58 percent at 8,661.05 points. (IANS)