Nifty Consumer Durables logs modest gains as Crompton Greaves, Orient Electric, Bata India drive

The index has touched an intraday high and low of 24,307.60 and 24,133.70 respectively.

Aug 10, 2021 01:08 IST India Infoline News Service

Bull and bear
The Nifty Consumer Durables logged modest gains on Tuesday despite the majority of stocks were in the red. Even though benchmark Nifty 50 touched a new high, the consumer durables stocks witnessed a slower pace in terms of buying. However, Crompton Greaves, Orient Electric and Bata India kept bears at the bay on the index.

On the index, 6 scrips advanced and 9 scrips declined.

At around 1.35 pm, Nifty Consumer Durables was trading at 24,160.30 up by 54.05 points or 0.22%.

The index has touched an intraday high and low of 24,307.60 and 24,133.70 respectively.

On the index, Crompton Greaves was the top gainer soaring 3.1% followed by Orient Electric surging 1.3%. Bata India followed with nearly 1% upside.

Heavyweight Titan surged by 0.6%, while Dixon added 0.3% gains. Havells traded marginally up.

On the other hand, Kajaria Ceramics was the top underperformer plunging over 2.5% followed by Voltas and TTK Prestige tumbling 1.8% and 1.7% respectively.

Stocks like Amber, V-guard and Whirlpool dived more than 1% each. Meanwhile, shares of Blue Star, Relaxo and Rajesh Exports were marginally down. 

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