Indian equitiesstill trading in a sluggish manneron the back of weak global cues. Profit booking was seen in capital goods, PSU and metal stocks, while FMCG and healthcare gained.
At 11.50 a.m., the Sensex was trading down 55.65 points or 0.30% at 18,638.76 with 17 components falling. Meanwhile, the Nifty was trading lower by 11.10 points or 0.20% at 5,662.80 with 27 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline of 49.87 points or 0.27% at 18,644.54, while the broad based NSE Nifty started with a fall of 20.50 points or 0.36%, at 5,653.40.
Sensex Movers
HDFC Bank contributed fall of 14.43 points in the Sensex. It was followed by Bharti Airtel (13.77 points), ICICI Bank (9.91 points), Larsen & Toubro (8.82 points) and Housing Development Finance Corporation (7.44 points).
However, Reliance Industries contributed rise of 15.18 points in the Sensex. It was followed by ITC (11.95 points), Hindustan Unilever (6.17 points), ACC (4.47 points) and Mahindra & Mahindra (1.52 points).
Major gainers in the 30-share index were Cipla (2.08%), GAIL (India) (1.02%), Hindustan Unilever (0.92%), Reliance Industries (0.86%), ITC (0.71%), and Wipro (0.56%).
On the other hand, Bharti Airtel (3.17%), Coal India (1.75%), Hindalco Industries (1.30%), Bharat Heavy Electricals (1.22%), Tata Motors (1.10%), and HDFC Bank (1.04%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.63% and 0.89% respectively. The major gainers in the BSE Midcap were Aban Offshore (2.53%), Amara Raja Batteries (1.92%), Alok Industries (1.83%), CORE Education and Technologies (0.94%) and ABG Shipyard (0.03%).The major gainers in the BSE Smallcap were Aarti Industries (4.16%), ABG Infralogistics (2.17%), Adhunik Metaliks (2.12%), Reliance MediaWorks (1.7%) and Genesys International Corporation (0.62%).
Sectors in Limelight
The Capital Goods index was at 10,826.81, down by 67.88 points or by 0.62%. The major losers were Bharat Heavy Electricals (1.22%), Alstom T&D India (1%), AIA Engineering (0.23%), Alstom India (0.22%) and Crompton Greaves (0.15%).
The Bankex index was at 13,046.18, down by 58.71 points or by 0.45%. The major losers were Bank Of Baroda(2.19%), HDFC Bank (1.04%), Bank Of India (0.75%), ICICI Bank (0.69%) and Punjab National Bank (0.66%).
The TECk index was at 3,427.36, down by 14.13 points or by 0.41%. The major losers were Bharti Airtel (3.17%), DB Corp (1.49%), Oracle Financial Services Software (0.76%), Idea Cellular (0.69%) and Mphasis (0.5%).
On the other hand, the FMCG index was at 5,362.22, up by 47.91 points or by 0.90%. The major gainers were Jubilant FoodWorks (2.19%), Colgate-Palmolive (India) (2.06%), United Breweries (1.4%), Hindustan Unilever (0.92%) and ITC (0.71%).
Market Breadth
Market breadth was positive with 1,443 advances against 1,085 declines.
Value and Volume Toppers
Max India topped the value chart on the BSE with a turnover of Rs. 1,090.91 million. It was followed by United Spirits (Rs. 1,016.90 million), United Breweries (Holdings) (Rs. 624.91 million) and Pantaloon Retail (India) (Rs. 481.59 million).
The volume chart was led by Spicejet with trades of over 11.26 million shares. It was followed by Kingfisher Airlines (9.15 million), Max India (5.46 million) and I F C I (5.33 million).
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