Markets have seen further correction in the stock prices. Stocks from the Capital goods sector are witnessing much of profit booking.
Stocks that are witnessing selling are majorly from the Capital goods sector. BHEL is among the top losers continuing its losses from yesterday’s correction. The stock has further lost 2.5% in today’s trade and is currently trading at 182.95. Infra & Cap goods major L&T has further seen a downside of 1.2% at 1270.
Financial major IDFC has moved up by 1.3% in the trade. The stock is seeing action further to the RBI granting fresh banking licenses.
The rupee has also seen a decline in the opening trade. It opened the trade at 60.35 v/s the USD, which is 19 paise from yesterday’s close of 60.16 per USD.