Indian marketsfell furtherin the post noon tradeon Thursday
ahead of IIPdata. Midcap and small-cap index outperformed the
benchmark indices. Banking, IT, metal and consumer durables stocks
witnessed a fall.
At 1.07 pm, the Sensex was trading down 169.62 points or 0.85%
at 19,827.83 with 20 components falling. Meanwhile, the Nifty was
trading lower by 37.50 points or 0.63% at 5,875.65 with 32
I C I C I Bank contributed fall of
30.53 points in the Sensex. It was followed by H D F C Bank (28.1
points), Infosys (25.36 points), Reliance Industries (21.07 points)
and Oil & Natural Gas Corporation (20.59 points).
However, Tata Power Company contributed rise of 10.07 points in
the Sensex. It was followed by Housing Development Finance
Corporation (7.03 points), Larsen & Toubro (6.34 points), I T C
(6.14 points) and NTPC (5.86 points).
Major gainers in the 30-share index were Tata Power Company
(5.23%), G A I L (India) (1.83%), NTPC (1.60%), Cipla (1.07%), Dr
Reddy"S Laboratories (0.94%), and Bharat Heavy Electricals
On the other hand, Hero Motocorp (2.99%), Coal India (2.73%),
Oil & Natural Gas Corporation (2.35%), Tata Consultancy
Services (1.97%), I C I C I Bank (1.93%), and Infosys (1.85%) were
the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.71% and 1.00% respectively. The major
gainers in the BSE Midcap were CORE Education and Technologies
(4.96%), Allahabad Bank (3.87%), Aban Offshore (2.46%), Amtek Auto
(0.88%) and A B G Shipyard (0.7%).The major gainers in the BSE
Smallcap were Dr Datsons Labs (7.81%), A2Z Maintenance &
Engineering Services (5.7%), Action Construction Equipment (4.66%),
Styrolution ABS (India) (2.11%) and Aarti Industries (1.3%).
Sectors in Limelight
The Bankex index was at 11,614.23, down by 178.65 points or by
1.51%. The major losers were Indusind Bank (2.54%), I C I C I Bank
(1.93%), H D F C Bank (1.8%), Bank Of Baroda (0.97%) and Federal
The IT index was at 7,906.47, down by 105.36 points or by 1.32%.
The major losers were Tech Mahindra (2.24%), Infosys (1.85%),
Mphasis (0.65%), Hexaware Technologies (0.44%) and Oracle Financial
Services Software (0.41%).
The Consumer Durables index was at 5,882.67, down by 65.88
points or by 1.11%. The major losers were T T K Prestige (2.3%),
Titan Industries (2.04%), Bajaj Electricals (1.49%), Whirlpool Of
India (1.34%) and Blue Star (0.13%).
On the other hand, the Realty index was at 1,314.24, up by 37.81
points or by 2.96%. The major gainers were Housing Development and
Infrastructure (4.11%), Anant Raj (3.54%), D L F (1.89%),
Indiabulls Real Estate (1.37%) and Godrej Properties (0.58%).
Market breadth was positive with 1,178 advances against 914
Value and Volume Toppers
Bharat Forge topped the value chart on the BSE with a turnover
of Rs. 2,182.96 million. It was followed by Financial Technologies
(India) (Rs. 713.42 million), IDFC (Rs. 519.45 million) and State
Bank Of India (Rs. 344.86 million).
The volume chart was led by Bharat Forge with trades of over
8.51 million shares. It was followed by Jaiprakash Associates (6.14
million), IDFC (5.35 million) and Reliance Power (4.25