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Capital Goods News
Sensex Falls Over 100 Points, Nifty Below 11,150
Mon, May 13, 2019
Domestic stock markets started Monday's session on a weak note tracking sharp losses in global peers. The S&P BSE Sensex fell as much as 143.99 points to 37,319.00 in early trade, and the NSE Nifty moved to 11,230.70, down 48.2 points from the previous close.
Sensex, Nifty on high note on intraday
Mon, Apr 01, 2019
Sensex gains 164 where nifty gains 45 points in the market. The share of auto and capital goods recorded at their high. Watch complete video to know
Sensex rebounds, up 294 points, Nifty ends above 10,500 on positive global cues
Mon, Feb 12, 2018
The BSE Sensex closed 294.71 points or 0.87% higher at 34,300.47 while Nifty ended at 10,539.75, up 0.81%
Market take heavy beating, tumble 983 points for the week
Sat, Feb 03, 2018
The budget proposals of 10% long term capital gains tax on equities and overshooting of fiscal deficit target quashed investor optimism
Foreign investors buy shares worth Rs 2,526.97 cr during the week
Sat, Feb 03, 2018
The S&P BSE Mid-Cap index dropped 1266.49 points or 7.10 per cent to settle at 16,574.70
Global cues, buying support lift equity indices to new highs
Fri, Jan 12, 2018
Key Indian equity indices on Friday provisionally closed at fresh highs riding on broadly positive global cues, along with buying support from oil and gas, banking and capital goods stocks.
Sensex rebounds 176 points; Nifty reclaims 10,500-mark
Thu, Jan 04, 2018
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Sensex, Nifty gain over 1%; auto, durables stocks surge
Thu, Dec 07, 2017
The barometer 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed gaining over 300 points, while the wider Nifty50 of the National Stock Exchange (NSE) closed firmly above the 10,100 level.
ABB realigns global business, to expand traction transformer ops in India
Tue, Nov 07, 2017
The company will also invest in upgrading its Datong traction transformer facility in China to improve efficiency and meet growing demand, it said.
Demonetisation had positive impact on sectors like metals, capital goods
Thu, Mar 16, 2017
Four months since demonetisation and its impact has started to fade out. However, everything isn't gloom and doom as analysis show that there were a few sectors that gained from Prime Minister Narendra Modi's bold attempt to tackle black money and push India towards a less-cash economy.
IIP growth expected to see some uptick in January: Kotak
Sun, Feb 12, 2017
"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.
IIP Conundrum: Factory output at over two-decade low; what's next?
Wed, Oct 12, 2016
Despite the continuous decline in IIP data, analyst yet believe it will see nearly 3% growth in FY17, on the back of 7th Pay Commission, government spending, festive season and favourable monsoon.
Products across 6 manufacturing sectors face inverted customs duty: Ficci
Tue, Aug 30, 2016
Products across six manufacturing sectors such as capital goods, cement, electronics and electricals, among others face inverted customs duty structure that erodes their competitiveness against lower-duty finished product imports and discourages domestic value addition, said Ficci in its latest r
Indian Accounting Standards to induce fluctuations in financial statements: Crisil
Mon, Aug 29, 2016
Capital goods and infrastructure are among the sectors that are likely to be most impacted by the switch to the new Indian Accounting Standards (Ind AS), which is expected to induce volatility in corporate financial statements, says a Crisil report.
ABB India stocks tumble over 8% post Q1 earnings
Tue, Apr 26, 2016
The stock of the company tumbled 7.84% to Rs 1,240.60 at the Bombay Stock Exchange (BSE).