Indian equities continue to trade on a flat note with positive bias amid volatilitydue to directionless market. FMCG, healthcare and IT stocks traded marginally higher, while metal and auto declined.
At 11.53 a.m., the Sensex was trading down 24.22 points or 0.13% at 18,649.12 with 20 components falling. Meanwhile, the Nifty was trading lower by 13.75 points or 0.24% at 5,655.85 with 34 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 34.67 points or 0.19% at 18,708.01, while the broad based NSE Nifty began flat with a gain of 5.30 points or 0.09%, at 5,674.90.
Sensex Movers
Tata Motors contributed fall of 11.3 points in the Sensex. It was followed by Oil & Natural Gas Corporation (10.36 points), HDFC Bank (10.02 points), Tata Steel (7.3 points) and ICICI Bank (6.92 points).
However, Housing Development Finance Corporation contributed rise of 15.63 points in the Sensex. It was followed by ITC (14.49 points), Tata Consultancy Services (11.14 points), Larsen & Toubro (4.39 points) and Mahindra & Mahindra (3.1 points).
Biggest gainers in the 30-share index were Cipla (2.19%), Tata Consultancy Services (1.24%), Housing Development Finance Corporation (1.12%), ITC (0.86%), Mahindra & Mahindra (0.71%), and GAIL (India) (0.52%).
On the other hand, Jindal Steel & Power (3.19%), Tata Steel (2.24%), Tata Motors (1.85%), Maruti Suzuki India (1.82%), Sterlite Industries (India) (1.78%), and Oil & Natural Gas Corporation (1.41%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 6447.97 down by 5.91 points or by 0.09%. The major losers were Amara Raja Batteries (50.03%), Aban Offshore (2.17%), Andhra Bank (1.12%), Allcargo Logistics (0.81%) and Alstom India (0.35%).
Sectors in Limelight
The Metal index was at 10,549.94, down by 158.42 points or by 1.48%. The major losers were Jindal Steel & Power (3.19%), JSW Steel (1.4%), Sesa Goa (1.38%), Coal India (1.15%) and Hindalco Industries (0.8%).
The Auto index was at 10,262.83, down by 86.76 points or by 0.84%. The major losers were Hero Motocorp (1.14%), Ashok Leyland (0.61%), Bharat Forge (0.56%), Bajaj Auto (0.53%) and Cummins India (0.5%).
The Realty index was at 1,790.58, down by 12.62 points or by 0.7%. The major losers were Oberoi Realty (3.16%), Indiabulls Real Estate (2.49%), Housing Development and Infrastructure (1%), DLF (0.92%) and DB Realty (0.14%).
On the other hand, the HC index was at 7,388.85, up by 54.48 points or by 0.74%. The major gainers were Apollo Hospitals Enterprise (3.13%), Cipla (2.19%), Aurobindo Pharma (1.96%), Biocon (1.32%) and Cadila Healthcare (0.24%).
Market Breadth
Market breadth was negative with 1,176 advances against 1,269 declines.
Value and Volume Toppers
Bayer CropScience topped the value chart on the BSE with a turnover of Rs. 6,168.41 million. It was followed by Cairn India (Rs. 1,066.28 million), United Spirits (Rs. 718.24 million) and State Bank Of India (Rs. 581.92 million).
The volume chart was led by Bayer CropScience with trades of over 6.01 million shares. It was followed by Lanco Infratech (4.80 million), Cairn India (3.18 million) and GVK Power & Infrastructure (2.61 million).
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