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 5,684.80.
Sensex Movers
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 Services (0.28%).
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 Motocorp (0.21%).
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
Market breadth was positive with 1,660 advances against 1,137 declines.
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).
Post a Comment