Money on the markets

A maturing market amid the mayhem

Capital goods index gains over 1 pct

February 25, 2010

The BSE Capital Goods Index gained over 1 percent on Thursday in a broader market that ended flat a day before the annual budget.

Index counters like Kirloskar Bros, Thermax and Crompton Greaves gained over 3 percent each.

L&T shares gained 2.5 percent to close at 1536 rupees after a senior company official said the firm was expecting a contract worth around 80 billion rupees.

The sectoral index has dropped 5 percent this year. L&T has dropped over 8 percent in the same period.

Will you invest in this sector now?

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see