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    Market Now: Consumer durables index falls 350 pts; Titan, CG Consumer Electricals top drags

    Synopsis

    The BSE Consumer Durables index was trading 350 points, or 1.62 per cent, down at 21,198 around 12:45 pm.

    ETMarkets.com
    NEW DELHI: Most consumer durable stocks including VIP Industries (down 5.45 per cent), Crompton Greaves Consumer Electricals (down 3.47 per cent) and Blue Star (down 2.04 per cent) were suffering losses in afternoon trade on Monday.

    The BSE Consumer Durables index was trading 350 points, or 1.62 per cent, down at 21,198 around 12:45 pm.

    PC Jeweller (down 1.50 per cent), Titan Company (down 1.39 per cent), Symphony (down 1.20 per cent), TTK Prestige (down 1.13 per cent) and Whirlpool of India (down 0.42 per cent) were also trading in the negative zone.

    Meanwhile, Rajesh Exports (up 0.36 per cent) and Bajaj Electricals (up 0.22 per cent) were witnessing tepid gains.

    Market sentiment was negative on selling in most sectors, led by metal, pharma, realty and auto.

    Surging oil prices and falling rupee hit market mood.

    Benchmark BSE Sensex was 151 points down at 34,697, while the NSE Nifty50 index was down 58 points at 10,538.

    In the Sensex index, 10 stocks were in the green, while 21 were in the red.

    Dr Reddy's Labs, YES Bank, Sun Pharma and Hero MotoCorp were among the top losers in the Sensex index.

    However, TCS, State Bank of India and Coal India were leading the pack of Sensex gainers.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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