Ballistic Capital Goods Stocks

Capital goods stocks gained smartly since market's turnaround after the big fall in February and March. For the three month period ending July 2, 2007 the BSE Capital Goods Index has gained 44 per cent. This is substantially more than the broad market's gain of 17.73 on the Sensex over the same period (April 2, 2007-July 2, 2007). It had substantial lead over other Indices too. The BSE Bankex was up 30 per cent and BSE Oil and Gas gained 23 per

This article was originally published on July 03, 2007.