Sensex plunges 132 points; banking stocks dip

A benchmark index of Indian equities markets Wednesday was trading 132.54 points or 0.51 percent down as banking stocks dipped.

Mumbai: A benchmark index of Indian equities markets Wednesday was trading 132.54 points or 0.51 percent down as banking stocks dipped.

Good buying was observed in capital goods, while selling pressure was seen in banking, metal and auto sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 25,892.55 points, was trading at 25,775.47 points (at 12.40 p.m.), down 132.54 points or 0.51 percent from the previous day`s close at 25,908.01 points.

The Sensex has touched a high of 25,901.68 points and a low of 25,758.01 points in the trade so far.

The S&P BSE bankex plummeted by 210.68 points, metal index dropped by 112.31 points and auto index fell by 73.77 points.

However, capital goods index gained 88.86 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 43.55 points or 0.56 percent down at 7,703 points.

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