Sensex trades up 55 pts; Auto, HC, realty rise
17th October 2012 11:18 AM
Indian markets gained on Wednesday snapping earlier losses. At 10.04 a.m., the Sensex was trading up 55.40 points or 0.30% at 18,633.10 with 24 components gaining. Meanwhile, the Nifty was trading higher by 16.85 points or 0.30% at 5,664.85 with 39 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 90.02 points or 0.48% at 18,667.72, while the broad based NSE Nifty started with a rise of 33.10 points or 0.59%, at 5,681.10.
Housing Development Finance Corporation contributed rise of 11.23 points in the Sensex. It was followed by Larsen & Toubro (7.5 points), Tata Motors (7.23 points), I C I C I Bank (7.13 points) and Infosys (4.99 points).
However, Reliance Industries contributed fall of 7.9 points in the Sensex. It was followed by Tata Consultancy Services (4.19 points), Hindustan Unilever (2.79 points), D L F (0.31 points) and Hero Motocorp (0.18 points).
Biggest gainers in the 30-share index were Tata Power Company (1.48%), Tata Motors (1.20%), Maruti Suzuki India (1.20%), Bajaj Auto (0.87%), Wipro (0.85%), and Housing Development Finance Corporation (0.84%).
On the other hand, Tata Consultancy Services (0.47%), Reliance Industries (0.46%), Hindustan Unilever (0.38%), G A I L (India) (0.15%), and Hero Motocorp (0.09%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.42% and 0.61% respectively. The major gainers in the BSE Midcap were Aban Offshore (1.51%), CORE Education and Technologies (1.48%), Alstom India (1.24%), A I A Engineering (1.14%) and A B G Shipyard (0.19%).The major gainers in the BSE Smallcap were Trident (1.58%), Styrolution ABS (India) (1.52%), Adhunik Metaliks (1.47%), A2Z Maintenance & Engineering Services (0.76%) and Aarti Industries (0.17%).
Sectors in Limelight
The Auto index was at 10,220.18, up by 70.99 points or by 0.70%. The major gainers were Exide Industries (1.28%), Maruti Suzuki India (1.2%), Bajaj Auto (0.87%), Cummins India (0.8%) and Bharat Forge (0.28%).
The HC index was at 7,600.40, up by 51.44 points or by 0.68%. The major gainers were Apollo Hospitals Enterprise (1.86%), Aurobindo Pharma (1.49%), Cadila Healthcare (0.98%), Cipla (0.33%) and Biocon (0.15%).
The Realty index was at 1,834.21, up by 12.07 points or by 0.66%. The major gainers were Housing Development and Infrastructure (1.84%), Indiabulls Real Estate (0.59%), Godrej Properties (0.5%), D B Realty (0.48%) and Anant Raj Industries (0.46%).
On the other hand, the Oil & Gas index was at 8,522.24, down by 1.26 points or by 0.01%. The major losers were Reliance Industries (0.46%), Oil India (0.38%), Bharat Petroleum Corporation (0.29%), G A I L (India) (0.15%) and Petronet LNG (0.03%).
Market breadth was positive with 1,410 advances against 588 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 273.95 million. It was followed by State Bank Of India (Rs. 190.35 million), D B Realty (Rs. 164.89 million) and H C L Technologies (Rs. 126.99 million).
The volume chart was led by Kingfisher Airlines with trades of over 2.57 million shares. It was followed by D B Realty (1.58 million), India Infoline (1.30 million) and Unitech (1.26 million).
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