Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 76.46 points or 1.04% at 7246.72 at 13:48 IST. Among the components of the S&P BSE Finance index, Shriram Transport Finance Company Ltd (down 6.05%), Magma Fincorp Ltd (down 5.05%),Cholamandalam Investment & Finance Company Ltd (down 4.93%),Dolat Investments Ltd (down 4.71%),Dewan Housing Finance Corporation Ltd (down 4.64%), were the top losers. Among the other losers were Dhanlaxmi Bank Ltd (down 4.2%), Muthoot Finance Ltd (down 4.13%), Bandhan Bank Ltd (down 3.93%), Bajaj Finance Ltd (down 3.63%), and Housing Development Finance Corporation Ltd (down 2.91%). On the other hand, Housing & Urban Development Corporation Ltd (up 12.3%), Jammu and Kashmir Bank Ltd (up 8.63%), and Paisalo Digital Ltd (up 4.31%) moved up.
Read more about Utilties stocks rise on Business Standard. Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 22.58 points or 1.18% at 1941.16 at 09:48 IST.
Read more about Telecom shares rise on Business Standard. Telecom stocks were trading with gains, with the S&P BSE Telecom index rising 62.6 points or 4.45% at 1469.77 at 09:48 IST.
Read more about Consumer Durables stocks tumble on Business Standard. Consumer Durables stocks were trading with losses, with the S&P BSE Consumer Durables index decreasing 486.44 points or 1.57% at 30476.57 at 13:48 IST.
Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 37.87 points or 1.03% at 3725.24 at 09:48 IST. Among the components of the S&P BSE Basic Materials index, Fineotex Chemical Ltd (up 8.14%), Rashtriya Chemicals & Fertilizers Ltd (up 7.01%),Tata Steel Long Products Ltd (up 4.95%),Orient Paper & Industries Ltd (up 4.78%),West Coast Paper Mills Ltd (up 4.61%), were the top gainers. Among the other gainers were Pennar Industries Ltd (up 4.59%), Sanghi Industries Ltd (up 3.84%), National Fertilizer Ltd (up 3.81%), Rain Industries Ltd (up 3.79%), and Tata Metaliks Ltd (up 3.58%). On the other hand, Pokarna Ltd (down 4.99%), Anant Raj Ltd (down 3.74%), and Greenpanel Industries Ltd (down 3%) moved lower.