Major sectoral indices — bankex, metal and capital goods — took a beating on the BSE even as the overall Sensex was down by more than 230 points in the morning trade today.
It was only the FMCG index that was in the green among the sectoral indices.
All the stocks in the metal index were in the red with the major losers being JSW Steel that was down by Rs 30.65 at Rs 786, Jindal Steel down by Rs 25.90 at Rs 586.80 and Sesa Goa slipped to Rs 204.45, a loss of Rs 22.90.
In the capital goods sector also, stocks were reeling under selling pressure with L&T being the biggest loser, down by Rs 51.40 at Rs 1,298.50, ABB lost Rs 24.05 at Rs 804.10, Thermax shed Rs 18.85 at Rs 510 and Siemens moved down to Rs 777.15, a loss of Rs 17.50.
In the banking sector, HDFC Bank was the only gainer. The scrip was marginally up by Rs 2.80 at Rs 527.30.
The index was awash with red — SBI down by Rs 55.80 at Rs 2151, ICICI Bank that lost Rs 31.60 at Rs 900, Axis Bank which shed Rs 43.75 at Rs 1,140.95 and PNB which lost Rs 33.40 at Rs 932.80.
While the capital goods index was down by 392 points, metal index shed 387 points and bankex lost 271 points. Only FMCG index which was up by about 35 points was in the green.