Stock market update: Consumer durables slip; PC Jeweller tanks 7%

Most consumer durable stocks were trading lower on Thursday dragged by losses mainly in Bajaj Electric, PC Jeweller and VIP Clothing.

BSE Consumer Durables index was trading 0.5 per cent lower intraday. Seven of its 10 constituents were trading in the red and three were trading in the green with marginal gains.

Bajaj Electric was among the biggest loser, down 2.6 per cent. Blue Star (down 0.05 per cent), PC Jeweller (down 6.65 per cent), Symphony (down 1.64 per cent), Titan Company (down 0.36 per cent) and VIP Clothing (down 2.2 per cent) were other losers.


Rajesh Exports (up 0.36 per cent), CG Consumer (up 0.02 per cent) and TTK Prestige (up 0.4 per cent) were gainers on the index.

Benchmark Sensex shed 330 points or 0.9 per cent intraday and was trading at 36,234. Nifty was down 100 points or 0.9 per cent.