Sensex flat with positive bias; Auto, CG, FMCG rise
27th September 2012 11:18 AM
Indian equities are trading flat with positive bias on Thursday. At 10.05 a.m., the Sensex was trading up 27.87 points or 0.15% at 18,660.04 with 15 components gaining. Meanwhile, the Nifty was trading higher by 13.50 points or 0.24% at 5,676.95 with 28 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 27.58 points or 0.15% at 18,659.75, while the broad based NSE Nifty started with a rise of 10.30 points or 0.18%, at 5,673.75.
Larsen & Toubro contributed rise of 19.85 points in the Sensex. It was followed by Mahindra & Mahindra (9.83 points), Housing Development Finance Corporation (8.82 points), H D F C Bank (7.46 points) and Tata Motors (5.82 points).
However, Infosys contributed fall of 13.69 points in the Sensex. It was followed by I C I C I Bank (4.74 points), Bharat Heavy Electricals (3.27 points), Wipro (2.69 points) and Oil & Natural Gas Corporation (2.35 points).
Major gainers in the 30-share index were Mahindra & Mahindra (2.25%), Maruti Suzuki India (1.96%), Larsen & Toubro (1.93%), Bharti Airtel (1.23%), Bajaj Auto (1.15%), and Hero Motocorp (1.11%).
On the other hand, Coal India (1.47%), Bharat Heavy Electricals (1.40%), Wipro (0.99%), Infosys (0.92%), Sterlite Industries (India) (0.70%), and Cipla (0.60%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.61% and 0.75% respectively. The major gainers in the BSE Midcap were Amtek Auto (2.94%), Anant Raj Industries (1.71%), Alstom India (1.3%), Amara Raja Batteries (0.09%) and Alok Industries (0.08%).The major gainers in the BSE Smallcap were A2Z Maintenance & Engineering Services (2.46%), Trident (1.33%), Aanjaneya Lifecare (0.64%), Action Construction Equipment (0.57%) and Adhunik Metaliks (0.53%).
Sectors in Limelight
The Auto index was at 10,373.52, up by 125.15 points or by 1.22%. The major gainers were Mahindra & Mahindra (2.25%), Maruti Suzuki India (1.96%), Bajaj Auto (1.15%), Hero Motocorp (1.11%) and Tata Motors (0.95%).
The Capital Goods index was at 10,958.56, up by 119.26 points or by 1.10%. The major gainers were Alstom India (1.3%), A B B (1.02%), Havell"S India (0.86%), Bharat Electronics (0.86%) and Alstom T&D India (0.05%).
The FMCG index was at 5,368.76, up by 19.71 points or by 0.37%. The major gainers were United Breweries (3.37%), Jubilant FoodWorks (0.72%), Colgate-Palmolive (India) (0.43%), Hindustan Unilever (0.4%) and Godrej Consumer Products (0.29%).
On the other hand, the IT index was at 5,936.28, down by 19.01 points or by 0.32%. The major losers were Wipro (0.99%), Infosys (0.92%), Mphasis (0.55%), Oracle Financial Services Software (0.31%) and CORE Education and Technologies (0.3%).
Market breadth was positive with 1,214 advances against 615 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 672.75 million. It was followed by Shriram City Union Finance (Rs. 345.37 million), United Breweries (Holdings) (Rs. 288.61 million) and Pantaloon Retail (India) (Rs. 151.89 million).
The volume chart was led by Kingfisher Airlines with trades of over 7.79 million shares. It was followed by Indiabulls Infrastructure and Power (2.90 million), United Breweries (Holdings) (1.87 million) and Housing Development and Infrastructure (1.24 million).
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