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Sensex plunges 278 points on heavy FII outflows, weak global cues
Source: IRIS | 01 Aug, 2014, 02.42PM
Rating: NAN / 5 stars.
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Indian equities pluged in post noon trade on Friday due to heavy capital outflows and weak global cues. Metal, power and capital goods stocks witnessed a fall.

At 2.33 p.m., the Sensex was trading down 278.10 points or 1.07% at 25,616.87 with 26 components falling. Meanwhile, the Nifty was trading lower by 73.70 points or 0.95% at 7,647.60 with 42 components falling.

Major losers were NTPC (2.97%), Tata Power (2.86%), Hindalco (2.71%) and Gail India (2.58%).

Top gainers were Maruti Suzuki (2.52%), HUL (1.70%), Bharti Airtel (1.22%), and ICICI Bank (0.34%)

The BSE Mid and small caps outperformed their larger counterparts declining-0.30% and -0.37% respectively.

The Metal index was at 12,887.50, down by 176.77 points or by 1.35%. The Power index was at 2,106.11, down by 27.44 points or by 1.29%. The Capital Goods index was at 14,467.75, down by 183.88 points or by 1.26%.

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