Indian equities settled at record closing high on Thursday.
Consumer durable andPSU stocks witnessed a rise whereas healthcare
stocks registered a fall. At the close, the benchmark 30-share
index, BSE Sensex gained 130.55 or 0.62% at 21,164.52 with 20
components registering rise. Meanwhile, the broad based NSE Nifty
climbed by 43.95 or 0.70% at 6,295.65 with 34 components posting
State Bank Of India contributed rise of
34.72 points in the Sensex. It was followed by I C I C I Bank
(33.18 points), Reliance Industries (29.81 points), Oil &
Natural Gas Corporation (14.71 points) and Housing Development
Finance Corporation (11.18 points).
However, Sun Pharmaceutical Industries contributed fall of 8.53
points in the Sensex. It was followed by Infosys (6.74 points),
Mahindra & Mahindra (5.25 points), Hindustan Unilever (4.56
points) and ACC (1.62 points).
Biggest gainers in the 30-share index were State Bank Of India
(4.33%), Tata Steel (2.45%), G A I L (India) (2.31%), Tata Power
Company (1.99%), I C I C I Bank (1.96%), and Coal India
On the other hand, Dr Reddy'S Laboratories (2.64%), Sun
Pharmaceutical Industries (1.72%), Cipla (1.16%), Mahindra &
Mahindra (0.97%), Hindustan Unilever (0.67%), and Infosys (0.46%)
were the biggest losers in the Sensex.
Sectors in Limelight
The Consumer Durables index was at 6,306.53, up by 163.03 points
or by 2.65%. The major gainers were Titan Industries (4.15%),
Gitanjali Gems (2.61%), Blue Star (1.27%), Rajesh Exports (1.16%)
and Symphony (0.9%).
The PSU index was at 5,804.19, up by 139.99 points or by 2.47%.
The major gainers were Bank Of India(21.26%), Allahabad Bank
(13.34%), Bank Of Baroda (10.76%), Andhra Bank (8.26%) and Bank Of
On the other hand, the HC index was at 9,609.08, down by 122.6
points or by 1.26%. The major losers were Dr Reddy'S Laboratories
(2.64%), Piramal Enterprises (2.36%), Lupin (1.64%), Cipla (1.16%)
and Aurobindo Pharma (0.71%).
Market breadth was negative with 1,362 advances against 1,177
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 1,146.03 million. It was followed by Bank Of India
(Rs. 898.93 million), Bank Of Baroda (Rs. 684.90 million) and Just
Dial (Rs. 672.63 million).
The volume chart was led by Spicejet with trades of over 6.38
million shares. It was followed by Suzlon Energy (4.41 million),
Hindustan Construction Company (4.32 million) and Bank Of India