Sensex gains 87 points; HC, Metals, CG rally
09th October 2012 11:18 AM
Indian equities recovered today led by gains in healthcare, metals and capital goods. BSE Midcap and Smallcap index outperformed Sensex and Nifty. At 10.54 a.m., the Sensex was trading up 122.81 points or 0.66% at 18,831.79 with 23 components gaining. Meanwhile, the Nifty was trading higher by 41.45 points or 0.73% at 5,717.45 with 40 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 87.27 points or 0.47% at 18,796.25, while the broad based NSE Nifty started with a rise of 32.15 points or 0.57%, at 5,708.15.
ICICI Bank contributed rise of 21.35 points in the Sensex. It was followed by Larsen & Toubro (16.1 points), ITC (14.71 points), HDFC Bank (14.16 points) and Infosys (7.85 points).
However, Bharti Airtel contributed fall of 4.79 points in the Sensex. It was followed by Wipro (2.48 points), Bharat Heavy Electricals (1.3 points), NTPC (0.77 points) and Tata Consultancy Services (0.49 points).
Major gainers in the 30-share index were Jindal Steel & Power (1.82%), Dr Reddy"s Laboratories (1.78%), Tata Power Company (1.72%), Sun Pharmaceutical Industries (1.57%), Tata Steel (1.56%), and Larsen & Toubro (1.55%).
On the other hand, Bajaj Auto (1.81%), Bharti Airtel (1.09%), Wipro (0.90%), Bharat Heavy Electricals (0.55%), GAIL (India) (0.28%), and NTPC (0.23%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.79% and 0.74% respectively.
Sectors in Limelight
The HC index was at 7,614.94, up by 98.93 points or by 1.32%. The major gainers were Biocon (2.9%), Cadila Healthcare (2.03%), Dr Reddy"s Laboratories (1.78%), Cipla (1.35%) and Divis Laboratories (0.98%).
The Consumer Durables index was at 7,133.36, up by 84.20 points or by 1.19%. The major gainers were Bajaj Electricals (4.71%), Blue Star (1.18%), Whirlpool Of India (0.98%), C.Mahendra Exports (0.54%) and Gitanjali Gems (0.43%).
The Metal index was at 10,620.94, up by 122.19 points or by 1.16%. The major gainers were Jindal Steel & Power (1.82%), Hindustan Zinc (1.4%), Coal India (0.67%), Hindalco Industries (0.5%) and Bhushan Steel (0.06%).
On the other hand, the TECk index was at 3,379.79, down by 2.59 points or by 0.08%. The major losers were Idea Cellular (2.95%), Mahanagar Telephone Nigam (1.16%), Bharti Airtel (1.09%), HT Media (0.15%) and H C L Technologies (0.07%).
Market breadth was positive with 1,465 advances against 808 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 424.87 million. It was followed by State Bank Of India (Rs. 256.01 million), Shree Cement (Rs. 238.43 million) and DLF (Rs. 201.79 million).
The volume chart was led by Sujana Towers with trades of over 5.42 million shares. It was followed by JM Financial (3.94 million), IVRCL (3.54 million) and Eveready Industries (India) (1.79 million).
- You are aiming high, but beware of marketers selling you as an FMCG
- Deadly year for encephalitis feared in India
- A mobile phone for Kerala CM, finally
- India becomes Kenya's largest Asian trading partner
- Pakistan's Punjab government allocates millions for JuD centre
- Wedlock valid only if consummated: High Court
- Underworld has betting syndicates in vice-like grip
- NCRB report: 1,316 juveniles booked for rape last year
- Indian Coast Guards help rescue 26 crew from shipwreck near Yemen
- Army Major captures 'UFO' in Kerala
- Now pay less for roaming calls, texts
- Callgate: Doctors were prime target for Biju, Saritha Nair
- 73 dead, over 71,000 stranded as rains batter Uttarakhand, UP
- Congress raking up secularism issue to hide its failures: BJP
- Wedlock valid only if consummated: HC
- Prices of 348 drugs to come down drastically from May 15