Capital Goods stocks were trading in the negative zone, with the S&P BSE Capital Goods index falling 23.68 points or 0.11% at 20605.15 at 13:49 IST. Among the components of the S&P BSE Capital Goods index, Bharat Electronics Ltd (down 3.13%), Schaeffler India Ltd (down 1.71%),Honeywell Automation India Ltd (down 1.7%),GMR Infrastructure Ltd (down 1.65%),Bharat Forge Ltd (down 0.89%), were the top losers. Among the other losers were Thermax Ltd (down 0.81%), V-Guard Industries Ltd (down 0.76%), AIA Engineering Ltd (down 0.66%), Siemens Ltd (down 0.55%), and ABB India Ltd (down 0.27%). On the other hand, Carborundum Universal Ltd (up 4.57%), Kalpataru Power Transmission Ltd (up 3.8%), and SKF India Ltd (up 0.82%) moved up.
Saudi medical devices market set for steady growth
RIYADH, 3 hours, 55 minutes ago Saudi Arabia medical devices market is expected to witness steady growth for the next five years, according to TechSci Research report. Access to healthcare facilities is considered as a basic right in Saudi Arabia which is a major reason for ever-increasing demand to avail healthcare facilities in Saudi Arabia. Government initiatives to provide reimbursements for availing healthcare facilities and use of medical devices for better results is influencing the growth of medical devices market in the region. Rising preference of consumers for adoption of self and home-based treatments is increasing at a rapid pace. Also, technological advancements in medical devices such as adoption of glucose monitoring devices, insulin delivery devices and oxygen concentrators have led to adoption of diagnosis and treatment from the comfort of homes.
Read more about Power shares gain on Business Standard. Power stocks were trading in the positive zone, with the S&P BSE Power index rising 39.02 points or 1.63% at 2430.58 at 09:49 IST.
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