Monday, September 30, 2013

Equity Update for Today-Capital Goods Pivotals Edge Lower

Capital goods pivotals dropped. Lupin rose after the company received final approval from the United States Food and Drugs Administration (USFDA) for its Vyfemla Tablets. Asian stocks fell on Monday on concern the US government is headed for a shutdown amid a budget stalemate.


Key benchmark indices edged lower in early trade on weak Asian stocks. The barometer index, the S&P BSE Sensex, was down 155.42 points or 0.79%, off about 80 points from the day's high and up close to 15 points from the day's low.


The market breadth, indicating the overall health of the market, was negative. On BSE, 415 shares fell and 329 shares rose. A total of 30 shares were unchanged.


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