Indian equities continued to trade lower in noon session on
Friday. The fall was more prominent in mid and Small-cap stocks.
Realy and IT stocks dropped in the range of 1.7 to 2%.
At 11.57 a.m., the Sensex was trading down 173.86 points or
0.91% at 18,884.29 with 22 components falling. Meanwhile, the Nifty
was trading lower by 59.40 points or 1.03% at 5,728.20 with 42
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
57.87 points in the Sensex. It was followed by Infosys (29.27
points), ICICI Bank (24.55 points), HDFC Bank (14.19 points) and
Tata Consultancy Services (12.47 points).
However, Tata Motors contributed rise of 8.02 points in the
Sensex. It was followed by Hindustan Unilever (7.83 points),
Mahindra & Mahindra (4.6 points), Maruti Suzuki India (0.11
points) and Hero Motocorp (1.08 points).
Major gainers in the 30-share index were Coal India (1.55%),
Tata Motors (1.29%), Hindustan Unilever (1.15%), Mahindra &
Mahindra (1.04%), Bajaj Auto (0.25%), and GAIL (India) (0.20%).
On the other hand, Housing Development Finance Corporation
(4.09%), Wipro (2.55%), Bharti Airtel (2.34%), Infosys (1.95%),
Bharat Heavy Electricals (1.80%), and ICICI Bank (1.68%) were the
major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts declining -1.37% and -1.70% respectively.The major
losers in the BSE Midcap were Aban Offshore (3.41%), Alok
Industries (3.25%), Alstom India (2.41%), ABG Shipyard (0.53%) and
CORE Education and Technologies (0.25%).The major losers in the BSE
Smallcap were A2Z Maintenance & Engineering Services (5.24%),
Trident (5.05%), Action Construction Equipment (3.45%), Aarti
Industries (1.44%) and Styrolution ABS (India) (1.2%).
Sectors in Limelight
The Realty index was at 1,906.31, down by 38.1 points or by
1.96%. The major losers were Anant Raj Industries (3.06%),
Indiabulls Real Estate (2.53%), DLF (1.99%), Godrej Properties
(1.69%) and Housing Development and Infrastructure (0.99%).
The TECk index was at 3,406.70, down by 64.33 points or by
1.85%. The major losers were Reliance MediaWorks (3.14%), Idea
Cellular (3.1%), Bharti Airtel (2.34%), Dish TV India (2.16%) and
The IT index was at 5,904.05, down by 104 points or by 1.73%.
The major losers were HCLTechnologies (1.5%), Hexaware Technologies
(1.35%), Oracle Financial Services Software (1.19%), Mphasis
(0.82%) and CORE Education and Technologies (0.25%).
On the other hand, the Auto index was at 10,482.02, up by 46.83
points or by 0.45%. The major gainers were Tata Motors (1.29%),
Mahindra & Mahindra (1.04%) and Bajaj Auto (0.25%).
Market breadth was negative with 699 advances against 1,907
Value and Volume Toppers
Housing Development Finance Corporation topped the value chart
on the BSE with a turnover of Rs. 15,662.55 million. It was
followed by Motilal Oswal Financial Services (Rs. 2,922.78
million), State Bank Of India (Rs. 1,026.46 million) and Reliance
Capital (Rs. 746.75 million).
The volume chart was led by Motilal Oswal Financial Services
with trades of over 23.39 million shares. It was followed by
Housing Development Finance Corporation (20.72 million), Cals
Refineries (6.61 million) and Lanco Infratech (5.83 million).