Sensex down 69 points; auto stocks plunge
A benchmark index of Indian equities markets Monday was trading 69.28 points or 0.25 percent down as auto stocks plunged. Good buying was observed in fast moving consumer goods (FMCG) sectors, while selling pressure was seen in the auto, metal and oil and gas sectors.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,523.86 points, was trading at 27,389.10 points (at 09.26 a.m.) in the early session, down 69.28 points or 0.25 percent from the previous day's close at 27,458.38 points.
The Sensex touched a high of 27,539.55 points and a low of 27,333.08 points in the trade so far. The S&P FMCG index moved up by 56.84 points, auto index fell by 111.28 points, metal index dropped by 96.55 points and oil and gas index went down by 78.94 points. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 26.50 points or 0.32 percent down at 8,258 points.