Sensex falls over 100 pts; HDFC plunges 5%
05th October 2012 11:18 AM
Indian equities dropped on Friday erasing earlier gains. At 10.05 a.m., the Sensex was trading down 124.21 points or 0.65% at 18,933.94 with 21 components falling. Meanwhile, the Nifty was trading lower by 162.00 points or 2.80% at 5,625.60 with 41 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 57.74 points or 0.30% at 19,115.89, while the broad based NSE Nifty started with a rise of 27.40 points or 0.47%, at 5,815.
Housing Development Finance Corporation contributed fall of 63.24 points in the Sensex. It was followed by Infosys (19.14 points), Tata Consultancy Services (13.89 points), I C I C I Bank (11.73 points) and State Bank Of India (5.56 points).
However, Tata Motors contributed rise of 10.87 points in the Sensex. It was followed by Mahindra & Mahindra (4.87 points), I T C (2.49 points), Larsen & Toubro (1.91 points) and Hindustan Unilever (1.72 points).
Biggest gainers in the 30-share index were Tata Motors (1.75%), Mahindra & Mahindra (1.10%), Coal India (0.94%), Bajaj Auto (0.38%), Maruti Suzuki India (0.35%), and G A I L (India) (0.29%).
On the other hand, Housing Development Finance Corporation (4.46%), Tata Consultancy Services (1.52%), Dr Reddy"s Laboratories (1.34%), Infosys (1.27%), Wipro (1.21%), and Bharti Airtel (1.21%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 6691.09 down by 40.80 points or by 0.61%.The major losers were Alok Industries (2.27%), Aban Offshore (2.14%), Amtek Auto (1.52%), A B G Shipyard (0.29%) and Alstom India (0.28%).
The BSE Smallcap index was at 7154.04 down by 56.83 points or by 0.79%.The major losers were A2Z Maintenance & Engineering Services (3.18%), Action Construction Equipment (2.36%), Trident (1.58%), Styrolution ABS (India) (1.2%) and Aarti Industries (0.94%).
Sectors in Limelight
The IT index was at 5,932.83, down by 75.22 points or by 1.25%. The major losers were H C L Technologies (1.66%), Infosys (1.27%), Mphasis (0.69%), Oracle Financial Services Software (0.2%) and Hexaware Technologies (0.08%).
The Realty index was at 1,920.02, down by 24.39 points or by 1.25%. The major losers were Oberoi Realty (3.56%), Indiabulls Real Estate (2.13%), D L F (1.39%), Anant Raj Industries (1%) and Godrej Properties (0.52%).
The TECk index was at 3,427.90, down by 43.13 points or by 1.24%. The major losers were Reliance MediaWorks (2.09%), Idea Cellular (1.31%), Bharti Airtel (1.21%), Mphasis (0.69%) and Dish TV India (0.42%).
On the other hand, the Auto index was at 10,502.22, up by 67.03 points or by 0.64%. The major gainers were Tata Motors (1.75%), Mahindra & Mahindra (1.1%), Bharat Forge (0.84%), Bajaj Auto (0.38%) and Maruti Suzuki India (0.35%).
Market breadth was negative with 742 advances against 1,205 declines.
Value and Volume Toppers
Housing Development Finance Corporation topped the value chart on the BSE with a turnover of Rs. 14,548.89 million. It was followed by Motilal Oswal Financial Services (Rs. 2,961.95 million), Reliance Capital (Rs. 388.22 million) and State Bank Of India (Rs. 353.97 million).
The volume chart was led by Motilal Oswal Financial Services with trades of over 23.35 million shares. It was followed by Housing Development Finance Corporation (19.32 million), Cals Refineries (5.34 million) and Lanco Infratech (2.32 million).
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