Sensex trades up over 200 points; Tata Motors, Hindalco surge
Published: 28th September 2012 02:18 PM
Last Updated: 28th September 2012 02:18 PM
Indian markets shed some of its gains as profit booking was seen
in select index heavyweights. Auto, metal and FMCG stocks rallied
but realty faced the brunt of profit booking.At 1.50 p.m., the
Sensex was trading up 204.31 points or 1.10% at 18,783.81 with 27
components gaining. Meanwhile, the Nifty was trading higher by
58.95 points or 1.04% at 5,708.45 with 46 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
125.48 points or 0.68% at 18,704.98, while the broad based NSE
Nifty started with a rise of 35.30 points or 0.62%, at
ITC contributed rise of 29.28 points in the Sensex. It was
followed by Reliance Industries (26.76 points), Tata Motors (23.13
points), Housing Development Finance Corporation (17.94 points) and
Tata Consultancy Services (14.73 points).
However, HDFC Bank contributed fall of 3.76 points in the
Sensex. It was followed by State Bank Of India (3.23 points),
Bharat Heavy Electricals (0.61 points), Reliance Infrastructure
(0.16 points) and Hero Motocorp (0.47 points).
Biggest gainers in the 30-share index were Tata Motors (3.75%),
Hindalco Industries (3.69%), Tata Power Company (2.34%), Cipla
(2.07%), Maruti Suzuki India (1.95%), and Tata Steel (1.94%).
On the other hand, Bharat Heavy Electricals (0.62%), State Bank
Of India (0.49%), and HDFC Bank (0.27%) were the biggest losers in
the Sensex pack.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 0.94% and 0.88% respectively.The major gainers
in the BSE Midcap were ABG Shipyard (1.62%), Allcargo Logistics
(1.53%), Aban Offshore (1%), Alstom India (0.9%) and Alok
Industries (0.32%).The major gainers in the BSE Smallcap were ABG
Infralogistics (1.09%), Aarti Industries (0.63%), Trident (0.45%),
Aanjaneya Lifecare (0.33%) and A2Z Maintenance & Engineering
Sectors in Limelight
The Auto index was at 10,420.50, up by 200.49 points or by
1.96%. The major gainers were Exide Industries (4.12%), Bharat
Forge (1.18%), Bajaj Auto (0.87%), Ashok Leyland (0.63%) and Hero
The Metal index was at 10,554.69, up by 169.26 points or by
1.63%. The major gainers were Hindalco Industries (3.69%),
Hindustan Zinc (2.22%), Jindal Steel & Power (1.21%), Coal
India (0.66%) and Bhushan Steel (0.2%).
The FMCG index was at 5,511.89, up by 81.90 points or by 1.51%.
The major gainers were Dabur India (2.22%), ITC (1.8%), Hindustan
Unilever (1.72%), Godrej Consumer Products (1.12%) and
Colgate-Palmolive (India) (1.01%).
On the other hand, the Realty index was at 1,850.17, down by
3.76 points or by 0.2%. The major losers were Housing Development
and Infrastructure (2.52%), Indiabulls Real Estate (2.04%), Oberoi
Realty (1.82%), DB Realty (1.44%) and Sobha Developers (0.34%).
Market breadth was positive with 1,660 advances against 1,137
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 985.79 million. It was followed by State Bank Of India (Rs.
633.84 million), ICICI Bank (Rs. 461.85 million) and Housing
Development and Infrastructure (Rs. 324.91 million).
The volume chart was led by Shree Renuka Sugars with trades of
over 4.71 million shares. It was followed by Lanco Infratech (3.76
million), Housing Development and Infrastructure (3.36 million) and
Cals Refineries (3.26 million).