Indian equities continue to trade in a subdued manner led by IT, capital goods and auto stocks. At 1.57 p.m., the Sensex was trading down 101.89 points or 0.54% at 18,702.86 with 15 components falling. Meanwhile, the Nifty was trading lower by 24.95 points or 0.44% at 5,683.10 with 26 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline of 77.65 points or 0.41% at 18,727.10, while the broad based NSE Nifty started with a fall of 26.35 points or 0.46%, at 5,681.70.
Sensex Movers
Infosys contributed fall of 76.84 points in the Sensex. It was followed by Housing Development Finance Corporation (14.15 points), ICICI Bank (13.44 points), Bharti Airtel (6.12 points) and Oil & Natural Gas Corporation (5.52 points).
However, HDFC Bank contributed rise of 11.43 points in the Sensex. It was followed by Tata Consultancy Services (5.2 points), Reliance Communications (5.13 points), ACC (4.87 points) and Jaiprakash Associates (2.39 points).
Major gainers in the 30-share index were GAIL (India) (1.31%), Sterlite Industries (India) (1.03%), HDFC Bank (0.82%), Cipla (0.69%), Tata Power Company (0.69%), and NTPC (0.69%).
On the other hand, Infosys (5.16%), Wipro (1.73%), Bharat Heavy Electricals (1.71%), Sun Pharmaceutical Industries (1.52%), Dr Reddy"s Laboratories (1.47%), and Bharti Airtel (1.40%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.61% and 0.64% respectively. The major gainers in the BSE Midcap were Alstom India (0.62%), Amara Raja Batteries (0.6%), ABG Shipyard (0.48%), CORE Education and Technologies (0.16%) and Allcargo Logistics (0.12%).The major gainers in the BSE Smallcap were Trident (2.85%), Reliance MediaWorks (1.59%), Action Construction Equipment (1.19%), Adhunik Metaliks (0.63%) and Aanjaneya Lifecare (0.08%).
Sectors in Limelight
The Consumer Durables index was at 7,259.83, up by 107.93 points or by 1.51%. The major gainers were Titan Industries (2.42%), Bajaj Electricals (1.88%), Gitanjali Gems (1.75%), Rajesh Exports (0.74%) and Blue Star (0.35%).
The Metal index was at 10,676.61, up by 49.41 points or by 0.46%. The major gainers were Bhushan Steel (1.28%), Jindal Steel & Power (0.66%), Hindustan Zinc (0.44%), JSW Steel (0.37%) and Hindalco Industries (0.25%).
The IPO index was at 1,662.05, up by 7.44 points or by 0.45%. The major gainers were Claris Lifesciences (1.21%), Bedmutha Industries (0.63%), Ashoka Buildcon (0.43%), Commercial Engineers and Body Builders Company (0.2%) and BS TransComm (0.11%).
On the other hand, the IT index was at 5,741.86, down by 139.26 points or by 2.37%. The major losers were Infosys (5.16%), Wipro (1.73%), Tech Mahindra (0.72%) and Oracle Financial Services Software (0.49%).
Market Breadth
Market breadth was positive with 1,460 advances against 1,289 declines.
Value and Volume Toppers
Infosys topped the value chart on the BSE with a turnover of Rs. 2,431.82 million. It was followed by DB Realty (Rs. 853.34 million), State Bank Of India (Rs. 679.99 million) and United Spirits (Rs. 336.08 million).
The volume chart was led by DB Realty with trades of over 9.07 million shares. It was followed by Unitech (6.75 million), Kingfisher Airlines (6.68 million) and TV18 Broadcast (5.35 million).
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