Business Standard

BSE Capital Goods index nears record high; Siemens, L&T gain up to 3%

Analysts at Emkay Global Financial Services uphold their constructive view on the sector, driven by its strong tender pipeline, softening commodity prices and expectation of good order inflow growth.


SI Reporter Mumbai
The S&P BSE Capital Goods index gained over 1 per cent, and inched towards its all-time high on strong growth outlook. Siemens, Larsen & Toubro (L&T), CG Power & Industrial Solutions, Hindustan Aeronautics (HAL), Elgi Equipments and Schaeffler India from the index were up in the range of 1 per cent to 3 per cent on the BSE in Tuesday’s intra-day trade.

At 10:32 AM; the S&P BSE Capital Goods index was the top gainer among sectoral indices, up 1.2 per cent, as compared 0.37 per cent rise in the S&P BSE Sensex. The capital goods index hit an

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First Published: Feb 21 2023 | 11:07 AM IST

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