After seeing a huge rally capital good stocks are witnessing some selling on the bourses. Capital Goods index was down 2.1%. ABB was down 8%, followed by BHEL, Suzlon Energy. Crompton Greves, Thermax, Siemens were anywhere down 4%.

Ahead of the results some analyst are expecting earnings to go down a bit. Raw material prices like steel have remained firm which will impact the margins negatively. Infrastructure numbers have indicated some weakness with index of industrial production (IIP) figures stood 5.3% in January as against 11.6% a year ago.