Indian markets fell further in the post noon trade
onWednesdayled by FMCG, Consumer durables, oil & gas and
banking stocks. However, metal, capital goods and realty gained. At
1.04 pm, the Sensex was trading down 216.74 points or 1.08% at
19,780.35 with 21 components falling.
I T C contributed fall of 42.44 points
in the Sensex. It was followed by I C I C I Bank (24.5 points),
Reliance Industries (24.04 points), Oil & Natural Gas
Corporation (22.7 points) and Tata Motors (22.24 points).
However, Larsen & Toubro contributed rise of 5.9 points in
the Sensex. It was followed by Tata Steel (4.1 points), Maruti
Suzuki India (4.02 points), Jaiprakash Associates (3.79 points) and
Hindalco Industries (3.32 points).
Major gainers in the 30-share index were Hindalco Industries
(2.18%), Tata Steel (1.65%), Maruti Suzuki India (1.49%), Hero
Motocorp (1.24%), Wipro (0.98%), and Larsen & Toubro
On the other hand, Tata Motors (3.41%), Hindustan Unilever
(2.64%), Oil & Natural Gas Corporation (2.60%), I T C (2.00%),
Bharat Heavy Electricals (1.68%), and I C I C I Bank (1.55%) were
the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.89% and 0.43% respectively. The major
gainers in the BSE Midcap were CORE Education and Technologies
(4.95%), Amara Raja Batteries (4.39%), Allahabad Bank (2.3%),
Allcargo Logistics (0.71%) and Amtek India (0.29%).The major
gainers in the BSE Smallcap were Dr Datsons Labs (9.93%),
Styrolution ABS (India) (4.02%), Adhunik Metaliks (3.6%), Advanta
(1.21%) and Action Construction Equipment (1.14%).
Sectors in Limelight
The Consumer Durables index was at 5,880.58, down by 107.02
points or by 1.79%. The major losers were Titan Industries (3.38%),
Whirlpool Of India (1.33%), Bajaj Electricals (1.22%), Rajesh
Exports (0.44%) and Blue Star (0.43%).
The FMCG index was at 6,726.51, down by 108.36 points or by
1.59%. The major losers were Hindustan Unilever (2.64%), Godrej
Consumer Products (2.19%), I T C (2%), Dabur India (1.76%) and
Colgate-Palmolive (India) (0.07%).
The Oil & Gas index was at 8,573.68, down by 123.27 points
or by 1.42%. The major losers were Oil & Natural Gas
Corporation (2.6%), Cairn India (2.54%), Reliance Industries
(1.42%) and G A I L (India) (0.93%).
On the other hand, the IPO index was at 1,230.12, up by 17.29
points or by 1.43%. The major gainers were Dr Datsons Labs (9.93%),
Birla Pacific Medspa (7.69%), Acropetal Technologies (4.93%),
Credit Analysis and Research (1.86%) and Bharti Infratel
Market breadth was negative with 1,136 advances against 939
Value and Volume Toppers
Financial Technologies (India) topped the value chart on the BSE
with a turnover of Rs. 573.02 million. It was followed by State
Bank Of India (Rs. 515.79 million), Wockhardt (Rs. 469.62 million)
and Yes Bank (Rs. 374.09 million).
The volume chart was led by Jaiprakash Associates with trades of
over 5.75 million shares. It was followed by Spicejet (4.22
million), Financial Technologies (India) (3.27 million) and Unitech