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IT, Consumer Durables Gain, Realty Drops
IT and consumer durables outperformed on October 8, while realty, capital goods, autos, and oil & gas declined due to profit-booking, with 21 of 30 Sensex stocks closing lower amid cautious sentiment.
On October 8, sectoral trends showed IT (+1.18%) and consumer durables (+0.44%) as the only gainers, while all other indices ended lower. Realty led losses with a 1.51% decline, followed by capital goods (-1.08%), autos (-0.62%), and oil & gas (-0.43%), reflecting profit-booking by investors. Overall, 21 of 30 Sensex stocks closed in the red, highlighting cautious sentiment and selective buying. The session underscored the impact of sector-specific profit-taking amid mixed market momentum in India’s equity landscape.