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Sensex slides 188.12 points, oil and gas, capital goods stocks down

Maharashtra,Business/Economy, Fri, 01 Jun 2012 IANS
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Mumbai, June 1 (IANS) A benchmark index for Indian equities markets extended its fall in afternoon trade to 1.16 percent Friday, led by selling pressure in oil and gas, capital goods and power stocks.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), was ruling at 16,030.41 points - 188.12 points or 1.16 percent down from its previous close at 16,218.53 points.

The Sensex touched a high of 16,226.19 points and low of 15,997.03 points in the intra-day trade.

There was a heavy buying pressure on oil and gas, capital goods and power stocks. Oil and gas index was down 167.07 points, capital goods index was down 170.71, while power index was down 33.21 points.

Major Sensex losers included Jindal Steel, down 3.21 percent at Rs.427.30; Maruti Suzuki, down 2.67 percent at Rs.1076.95; ONGC, down 2.52 percent at Rs.247.30; HDFC Bank, down 2.41 percent at Rs.493.75; RIL, down 2.36 percent at Rs.689.35.

Only four of the 30 Sensex scrips were in positive. They were ITC, up 1.54 percent at Rs.233.80; ICICI Bank, up 0.15 percent at Rs.785.50; Coal India, up 0.11 percent at Rs.322.05; Sun Pharma, up 0.02 percent at Rs.567.60.

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