Last Updated :
21 May 2009 at 13:10 IST
FMCG, CG sink as markets remain weak
Commodity online
MUMBAI: The benchmark indices traded low on the bourses today, with continued selling pressure on the capital goods and FMCG stocks.
The sectoral indices BSE CG and BSE FMCG traded with loss. BSE CG was trading at 11254 points down by close to 1.5%, while BSE FMCG was trading with extended loss of close to 1% at 2093 points.
24-Hour Online Forex Trading. Start with FREE practice accountMeanwhile, Sensex traded at 13991 points down by 0.5%. After opening in red, Sensex continued trading with loss. However, the benchmark index had recovered by 150 points from its day’s low of 13848 points by the afternoon trading session.
Leading FMCG stocks Dabur India Ltd and Hindustan Unilever Ltd lost by over 1% at Rs.112.50 and 230 respectively. ITC Ltd traded at Rs.183 with loss of over 2.5%. However, Godrej Consumer Products Ltd posted gains of 3.5% at Rs.159.
Index heavyweights Reliance Industries and ONGC recorded a jump. Capital goods stocks extended loss on the bourses. Bharat Heavy Electricals Ltd (BHEL) traded at Rs.2020 down by 1%, while Larsen & Toubro Ltd traded with loss of close to 4% at Rs.1308 on the Bombay Stock Exchange during the afternoon trading session today.
Meanwhile, inflation based on the wholesale price index (WPI) rose 0.61% in the year through 9 May 2009, higher than previous week's annual rise of 0.48% data announced by the government today.
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