Industrials stocks slide
Industrials stocks were trading with losses, with the S&P BSE Industrials index decreasing 107.97 points or 2.05% at 5170.27 at 13:48 IST.
Among the components of the S&P BSE Industrials index, Shaily Engineering Plastics Ltd (down 17.13%), Man Industries (India) Ltd (down 16.11%),Yaari Digital Integrated Services Ltd (down 13.04%),Usha Martin Ltd (down 10.86%),Future Supply Chain Solutions Ltd (down 9.84%), were the top losers. Among the other losers were Action Construction Equipment Ltd (down 9.18%), Techno Electric & Engineering Company Ltd (down 9.1%), Centum Electronics Ltd (down 8.65%), Vikas Lifecare Ltd (down 8.64%), and RattanIndia Enterprises Ltd (down 8.5%).
On the other hand, TD Power Systems Ltd (up 8.32%), SRF Ltd (up 5.12%), and Texmaco Rail & Engineering Ltd (up 2.07%) turned up.
At 13:48 IST, the S&P BSE Sensex was down 552.8 or 1.02% at 53812.05.
The Nifty 50 index was down 168.45 points or 1.04% at 16071.6.
The S&P BSE Small-Cap index was down 801.91 points or 3.07% at 25276.67.
The S&P BSE 150 Midcap Index index was down 128.65 points or 1.63% at 7759.71.
On BSE,447 shares were trading in green, 2883 were trading in red and 118 were unchanged.
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First Published: May 11 2022 | 2:00 PM IST