Energy stocks were trading in the negative zone, with the S&P BSE Energy index falling 70.96 points or 1.05% at 6675.69 at 13:48 IST. Among the components of the S&P BSE Energy index, Aegis Logistics Ltd (down 4.21%), Selan Explorations Technology Ltd (down 2.18%),Gujarat Mineral Development Corporation Ltd (down 2.1%),Castrol India Ltd (down 2.05%),Confidence Petroleum India Ltd (down 1.89%), were the top losers. Among the other losers were Gujarat Gas Ltd (down 1.68%), Mangalore Refinery And Petrochemicals Ltd (down 1.63%), Petronet LNG Ltd (down 1.54%), Reliance Industries Ltd (down 1.53%), and Hindustan Oil Exploration Company Ltd (down 0.93%). On the other hand, Indian Oil Corporation Ltd (up 2.43%), Adani Total Gas Ltd (up 2.24%), and Bharat Petroleum Corporation Ltd (up 1.78%) moved up.
Capital Goods stocks were trading in the positive zone, with the S&P BSE Capital Goods index rising 319.1 points or 1.43% at 22702.52 at 09:48 IST. Among the components of the S&P BSE Capital Goods index, Larsen & Toubro Ltd (up 2.16%), Kalpataru Power Transmission Ltd (up 1.76%),V-Guard Industries Ltd (up 1.5%),Grindwell Norton Ltd (up 1.49%),Siemens Ltd (up 1.46%), were the top gainers. Among the other gainers were Bharat Electronics Ltd (up 1.4%), Carborundum Universal Ltd (up 1.33%), Lakshmi Machine Works Ltd (up 1.1%), Havells India Ltd (up 1.02%), and Finolex Cables Ltd (up 1%). On the other hand, Thermax Ltd (down 0.21%), and AIA Engineering Ltd (down 0.17%) moved lower.
At 09:48 IST, the S&P BSE Sensex was up 393.52 or 0.77% at 51673.03.
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Blue Dart Express climbed 2.55% to Rs 5493.80, extending its winning run to fifth consecutive trading session.Shares of Blue Dart rallied 18.5% in five trading days from its previous closing low of Rs 4636.65 on 4 March 2021. The counter hit a 52-week high of Rs 5,526.25 in intraday today. The counter is up 195% from its 52-week low of Rs 1860 posted on 17 August 2020.
In last one-month, Blue Dart added 19.37% compared with a 8.87% rise in S&P BSE Small Cap index.
On the technical front, the stock s RSI (relative strength index) stood at 79.354. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.