Sensex gains 50 points; United Spirits, SBI most active
Published: 27th September 2012 02:18 PM
Last Updated: 27th September 2012 02:18 PM
Indian equities conitinue to trade on a firm note on
Thursday.FMCG, consumer durables and capital goods were on buyers
radar, while oil & gas and IT witnessed marginal selling.
At 12.58 p.m., the Sensex was trading up 50.40 points or 0.27%
at 18,682.57 with 21 components gaining. Meanwhile, the Nifty was
trading higher by 14.65 points or 0.26% at 5,678.10 with 33
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 21.12 points in the
Sensex. It was followed by Tata Power Company (10.81 points), ITC
(10.58 points), Housing Development Finance Corporation (9.56
points) and State Bank Of India (9.46 points).
However, Infosys contributed fall of 17.97 points in the Sensex.
It was followed by Reliance Industries (10.3 points), Oil &
Natural Gas Corporation (6.94 points), Bharat Heavy Electricals
(3.74 points) and HDFC Bank (3.4 points).
Major gainers in the 30-share index were Tata Power Company
(5.41%), Larsen & Toubro (2.06%), Mahindra & Mahindra
(1.87%), Maruti Suzuki India (1.52%), State Bank Of India (1.36%),
and Jindal Steel & Power (1.14%).
On the other hand, Bharat Heavy Electricals (1.60%), Infosys
(1.21%), Wipro (0.99%), Oil & Natural Gas Corporation (0.94%),
Sterlite Industries (India) (0.70%), and Coal India (0.60%) were
the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.77% and 0.57% respectively. The major
gainers in the BSE Midcap were Amara Raja Batteries (1.96%), Aban
Offshore (1.48%), Alok Industries (1.2%), Alstom India (0.91%) and
ABG Shipyard (0.39%).The major gainers in the BSE Smallcap were
Reliance MediaWorks (3.77%), A2Z Maintenance & Engineering
Services (3.62%), Adhunik Metaliks (1.41%), Action Construction
Equipment (1.15%) and Aanjaneya Lifecare (0.21%).
Sectors in Limelight
The FMCG index was at 5,403.17, up by 54.12 points or by 1.01%.
The major gainers were Jubilant FoodWorks (1.34%), Hindustan
Unilever (1.03%), Godrej Consumer Products (0.72%), I T C (0.63%)
and Colgate-Palmolive (India) (0.55%).
The Consumer Durables index was at 6,800.34, up by 63.95 points
or by 0.95%. The major gainers were C.Mahendra Exports (2.19%),
Titan Industries (1.55%), Whirlpool Of India (0.77%), Blue Star
(0.5%) and Rajesh Exports (0.46%).
The Capital Goods index was at 10,937.62, up by 98.32 points or
by 0.91%. The major gainers were Lakshmi Machine Works (3.18%),
Alstom India (0.91%), ABB (0.89%), Havell"S India (0.7%) and Bharat
On the other hand, the Oil & Gas index was at 8,662.34, down
by 59 points or by 0.68%. The major losers were Indian Oil
Corporation (1.43%), Hindustan Petroleum Corporation (0.74%),
Gujarat State Petronet (0.5%), Cairn India (0.48%) and Bharat
Petroleum Corporation (0.1%).
Market breadth was positive with 1,593 advances against 1,061
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 2,004.27 million. It was followed by State Bank Of India
(Rs. 582.95 million), United Breweries (Holdings) (Rs. 453.90
million) and Reliance Capital (Rs. 354.74 million).
The volume chart was led by Kingfisher Airlines with trades of
over 16.71 million shares. It was followed by Indiabulls
Infrastructure and Power (4.57 million), Cals Refineries (4.49
million) and Mahanagar Telephone Nigam (4.03 million).