Sensex surges over 300 points; FMCG, metal, realty rise
Published: 02nd September 2013 02:18 PM
Last Updated: 02nd September 2013 02:18 PM
Indian equities gained further ground in the post noon trade on
Monday led by sharp gains in FMCG, metal, realty and consumer
durables. At 1 p.m., the Sensex was trading up 307.67 points or
1.65% at 18,927.39 with 23 components gaining. Meanwhile, the Nifty
was trading higher by 84.85 points or 1.55% at 5,556.85 with 42
I T C contributed rise of 92.11 points in the Sensex. It was
followed by I C I C I Bank (50.14 points), Housing Development
Finance Corporation (48.4 points), Reliance Industries (48.19
points) and Larsen & Toubro (13.35 points).
However, Mahindra & Mahindra contributed fall of 11.17
points in the Sensex. It was followed by Tata Power Company (3.75
points), H D F C Bank (2.01 points), NTPC (1.34 points) and ACC
Major gainers in the 30-share index were I T C (4.53%), Tata
Steel (4.03%), Jindal Steel & Power (3.61%), I C I C I Bank
(3.32%), Housing Development Finance Corporation (3.29%), and
Reliance Industries (2.97%).
On the other hand, Mahindra & Mahindra (2.30%), Tata Power
Company (2.04%), NTPC (0.38%), Dr Reddy's Laboratories (0.19%),
HDFC Bank (0.13%), and Infosys (0.01%) were the major losers in the
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 1.30% and 1.05% respectively.The major gainers
in the BSE Midcap were Allahabad Bank(4.54%), Aban Offshore
(1.45%), A I A Engineering (1.14%), A B G Shipyard (0.46%) and
Alstom India (0.02%).The major gainers in the BSE Smallcap were
Trident (3.65%), Aarti Industries (1.93%), Action Construction
Equipment (1.85%), A2Z Maintenance & Engineering Services
(1.01%) and Styrolution ABS (India) (0.36%).
Sectors in Limelight
The FMCG index was at 6,562.89, up by 220.59 points or by 3.48%.
The major gainers were I T C (4.53%), Colgate-Palmolive (India)
(2.91%), Dabur India (2.03%), Hindustan Unilever (1.93%) and Godrej
Consumer Products (0.98%).
The Metal index was at 7,996.65, up by 211.76 points or by
2.72%. The major gainers were Jindal Steel & Power (3.61%),
Hindalco Industries (2.57%), Coal India (2.14%), Bhushan Steel
(0.56%) and Hindustan Zinc (0.32%).
The Realty index was at 1,199.14, up by 25.47 points or by
2.17%. The major gainers were Indiabulls Real Estate (3.87%), D L F
(2.97%), Anant Raj (2.42%), Housing Development and Infrastructure
(1.94%) and Godrej Properties (1.47%).
The Consumer Durables index was at 5,730.40, up by 114.61 points
or by 2.04%. The major gainers were Gitanjali Gems (4.37%), Bajaj
Electricals (1.08%), Whirlpool Of India (0.95%), Blue Star (0.71%)
and Rajesh Exports (0.59%).
Market breadth was positive with 1,250 advances against 721
Value and Volume Toppers
Axis Bank topped the value chart on the BSE with a turnover of
Rs. 268.75 million. It was followed by Yes Bank (Rs. 250.15
million), Jubilant Life Sciences (Rs. 240.04 million) and Tata
Steel (Rs. 218.25 million).
The volume chart was led by Cals Refineries with trades of over
11.14 million shares. It was followed by Jubilant Life Sciences
(3.35 million), Jaiprakash Associates (2.72 million) and Reliance
Communications (1.65 million).