Shares of capital goods companies were trading higher for the fifth straight trading sessions with the BSE capital goods index hitting 18-month high on Thursday.
At 1:04 pm; S&P BSE Capital Goods index was up 1.3% or 204 points at 16,128, as compared to 0.50% rise in the S&P BSE Sensex. The index hit intra-day high of 16,144, its highest level since October 20, 2015.
In past five trading sessions, the capital goods index has rallied 5.2% against 2% rise in the benchmark index.
Suzlon Energy, Bharat Electronics, CG Power and Industrial Solutions, BEML and AIA Engineering
At 1:04 pm; S&P BSE Capital Goods index was up 1.3% or 204 points at 16,128, as compared to 0.50% rise in the S&P BSE Sensex. The index hit intra-day high of 16,144, its highest level since October 20, 2015.
In past five trading sessions, the capital goods index has rallied 5.2% against 2% rise in the benchmark index.
Suzlon Energy, Bharat Electronics, CG Power and Industrial Solutions, BEML and AIA Engineering