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BSE Capital Goods index hits 20-month high

ABB India, Siemens, CG Power GE T&D India were up more than 5% each on BSE.

Photo: Reuters
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<b>Photo: Reuters</b>

SI Reporter Mumbai
The S&P BSE Capital Goods index rallied more than 2%, hitting 20-month high, after a strong surge in stocks like ABB India, Siemens, Larsen & Toubro (L&T), CG Power and Industrial Solutions and GE T&D India.

At 2:31 pm; the S&P BSE Capital Goods index, the largest gainer among sectoral indices, was up 2.01% or 354 points at 17,995, as compared to 0.10% rise in the benchmark S&P BSE Sensex. The capital goods index hit an intra-day high of 18,040, its highest level since August 20, 2015.

ABB India has surged 14% to Rs 1,595 in intra-day trade