BSE CAPITAL GOODS INDEX TANKS NEARLY 4 %; HITACHI ENERGY , ABB INDIA SLIP 6 %

What happened: The BSE Capital Goods index fell nearly 4 percent to 67,159.42 in Friday intraday trade, led by power-related stocks including Hitachi Energy India, ABB India and Inox Wind, each down 6 percent. Key numbers: Index down 3.3 percent at 67,454 at 10:32 AM versus a 0.60 percent Sensex decline. Why it matters: ICICI Securities expects volatility to stay elevated amid geopolitical tension and rising crude oil prices, while Motilal Oswal sees rising costs for industrials in Q2FY27 and flags margin risk for firms with fixed-price contracts.

The BSE Capital Goods index fell nearly 4 percent to 67,159.42 in Friday intraday trade, led by power-related stocks including Hitachi Energy India, ABB India and Inox Wind, each down 6 percent.

ICICI Securities expects volatility to stay elevated amid geopolitical tension and rising crude oil prices, while Motilal Oswal sees rising costs for industrials in Q2FY27 and flags margin risk for firms with fixed-price contracts.