The Bombay Stock Exchange building located on Dalal Street, Mumbai (Photo: Wikipedia)
The Bombay Stock Exchange building located on Dalal Street, Mumbai (Photo: Wikipedia)
Mumbai: A benchmark index of Indian equities markets was trading 55 points lower in late afternoon trade as the August futures and options series expires Thursday and traders will roll over positions to the September series. Capital goods, metal and oil and gas were the worst performers.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,433.50 points, was ruling at 17,435.16 points, 0.32 percent or 55.65 points down from its previous day’s close at 17,490.81 points.

The Sensex touched a high of 17,475.31 points and a low of 17,367.55 points in intra-day trade.

The wider 50-scrip S&P CNX Nifty of the National Stock Exchange was ruling 0.20 percent down at 5,277.05 points.

On the sectoral front, the BSE capital goods index was down 87.22 points followed by metal index, down 59.86 points, and oil and gas index, down 43.10 points.

The main Sensex losers were Gail, down 2.71 percent at Rs.354.90; Tata Steel, down 2.20 percent at Rs.366.15; Jindal Steel, down 2.07 percent at Rs.352.40; Maruti Suzuki, down 1.86 percent at Rs.1,146.80; and Hero MotoCorp, down 1.82 percent at Rs.1,816.

The major gainers were Hindalco Inds, up 2.02 percent at Rs.105.85; Wipro, up 1.21 percent at Rs.369; Cipla, up 1.01 percent at Rs.370; Tata Motors, up 0.81 percent at Rs.235.90; and HDFC Bank, up 0.73 percent at Rs.593.65.

Other Asian markets closed lower. Japan’s Nikkei closed 0.95 percent down while Shanghai’s composite index ended 0.03 percent lower. Hong Kong’s Hang Seng closed 1.19 percent down.

European markets were also trading lower. France’s CAC was down 0.33 percent and so was Germany’s DAX, down by 0.64 percent. Britain’s FTSE 100 was down 0.22 percent.

Source: IANS