Indian equities declined furtheron Monday ahead of the Reserve
Bank of India's policy meet on Tuesday. Sustained selling activity
was seen in FMCG, realty and metal stocks whereas consumer durable
stocks rise. At 2.10 p.m., the Sensex was trading down 87.57 points
or 0.42% at 20,595.95 with 22 components falling. Meanwhile, the
Nifty was trading lower by 30.90 points or 0.50% at 6,114 with 43
I T C contributed fall of 73.19 points
in the Sensex. It was followed by State Bank Of India (15.22
points), H D F C Bank (8.7 points), Tata Steel (5.89 points) and
Infosys (5.55 points).
However, Reliance Industries contributed rise of 27.5 points in
the Sensex. It was followed by Larsen & Toubro (19.26 points),
Housing Development Finance Corporation (15.43 points), Oil &
Natural Gas Corporation (5.76 points) and Maruti Suzuki India (1.84
Major gainers in the 30-share index were Larsen & Toubro
(1.86%), Reliance Industries (1.56%), Housing Development Finance
Corporation (0.96%), Bajaj Auto (0.94%), Maruti Suzuki India
(0.66%), and Oil & Natural Gas Corporation (0.63%).
On the other hand, I T C (3.31%), Tata Steel (2.27%), State Bank
Of India (1.95%), Hindalco Industries (1.60%), Cipla (0.95%), and
Coal India (0.91%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 5937.54 down by 27.94 points or by
0.47%. The major losers were CORE Education and Technologies
(3.97%), Allahabad Bank (1.9%), A B G Shipyard (1.79%), Alstom
India (1.72%) and A I A Engineering (1.02%).
The BSE Smallcap index was at 5810.17 down by 15.58 points or by
0.27%. The major losers were A2Z Maintenance & Engineering
Services (7.97%), Dr Datsons Labs (3.87%), Action Construction
Equipment (3.17%), Aarti Industries (1.27%) and Trident
Sectors in Limelight
The FMCG index was at 6,706.64, down by 153.55 points or by
2.24%. The major losers were I T C (3.31%), Colgate-Palmolive
(India) (2.87%), Jubilant FoodWorks (1.97%), Hindustan Unilever
(0.79%) and Dabur India (0.66%).
The Realty index was at 1,304.53, down by 19.38 points or by
1.46%. The major losers were Indiabulls Real Estate (3.12%), D L F
(2.61%), Housing Development and Infrastructure (2.42%), Anant Raj
(1.75%) and Godrej Properties (0.48%).
The Metal index was at 8,866.22, down by 109.22 points or by
1.22%. The major losers were Hindalco Industries (1.6%), Hindustan
Zinc (1.02%), NMDC (0.93%), Coal India (0.91%) and Bhushan Steel
On the other hand, the Consumer Durables index was at 6,048.75,
up by 102.91 points or by 1.73%. The major gainers were Symphony
(2.84%), V I P Industries (2.39%), Titan Industries (2.38%) and T T
K Prestige (0.26%).
Market breadth was negative with 921 advances against 1,348
Value and Volume Toppers
Indusind Bank topped the value chart on the BSE with a turnover
of Rs. 995.83 million. It was followed by Axis Bank (Rs. 580.53
million), Shoppers Stop (Rs. 386.56 million) and Ajanta Pharma (Rs.
The volume chart was led by Cals Refineries with trades of over
12.57 million shares. It was followed by G T L Infrastructure (4.74
million), Indusind Bank (2.38 million) and Unitech (1.81