Sensex trades up 118 points at 18,800; TCS, L&T surge
Published: 22nd October 2012 04:18 PM
Last Updated: 22nd October 2012 04:18 PM
Indian markets continued to trade higher towards closing on
Monday. Capital goods, healthcare and banking stocks led the rise.
At 3.09 pm, the Sensex was trading up 118.07 points or 0.63% at
18,800.38 with 20 components gaining. Meanwhile, the Nifty was
trading higher by 34.25 points or 0.60% at 5,718.50 with 34
The 30-share benchmark index, BSE Sensex opened with a decline
of 26.38 points or 0.14% at 18,655.93, while the broad based NSE
Nifty started with a fall of 16.65 points or 0.29%, at
H D F C Bank contributed rise of 25.84
points in the Sensex. It was followed by Larsen & Toubro (24.56
points), Reliance Industries (24.52 points), I C I C I Bank (23.35
points) and Tata Consultancy Services (22.18 points).
However, I T C contributed fall of 22.63 points in the Sensex.
It was followed by Tata Motors (3.84 points), State Bank Of India
(3.76 points), Housing Development Finance Corporation (3.49
points) and Sterlite Industries (India) (2.3 points).
Biggest gainers in the 30-share index were Tata Consultancy
Services (2.45%), Larsen & Toubro (2.27%), NTPC (1.86%), H D F
C Bank (1.83%), Bharti Airtel (1.80%), and Dr Reddy'S Laboratories
On the other hand, Jindal Steel & Power (1.59%), Sterlite
Industries (India) (1.25%), I T C (1.23%), Hero Motocorp (0.73%),
Tata Motors (0.63%), and State Bank Of India (0.53%) were the major
losers in the Sensex.
The BSE Midcap index was at 6669.48 down by 2.14 points or by
0.03%. The major losers were Amara Raja Batteries (5.45%), Aban
Offshore (1.05%), A B G Shipyard (0.84%), Allcargo Logistics
(0.72%) and A I A Engineering (0.11%).
Sectors in Limelight
The Capital Goods index was at 11,223.60, up by 154.68 points or
by 1.40%. The major gainers were Lakshmi Machine Works (0.96%),
Crompton Greaves (0.73%), Alstom India (0.71%), Bharat Electronics
(0.54%) and Bharat Heavy Electricals (0.19%).
The HC index was at 7,599.86, up by 79.22 points or by 1.05%.
The major gainers were Divis Laboratories (3.05%), Aurobindo Pharma
(2.61%), Cipla (1.5%), Cadila Healthcare (0.97%) and Apollo
Hospitals Enterprise (0.71%).
The Bankex index was at 13,322.94, up by 129.89 points or by
0.98%. The major gainers were H D F C Bank (1.83%), I C I C I Bank
(1.63%), Federal Bank (1.15%), Canara Bank (0.53%) and Bank Of
On the other hand, the FMCG index was at 5,869.17, down by 32.8
points or by 0.56%. The major losers were Jubilant FoodWorks
(1.67%), I T C (1.23%) and Nestle India (0.22%).
Market breadth was negative with 1,404 advances against 1,450
Value and Volume Toppers
Larsen & Toubro topped the value chart on the BSE with a
turnover of Rs. 930.95 million. It was followed by State Bank Of
India (Rs. 570.95 million), United Spirits (Rs. 555.85 million) and
Tribhovandas Bhimji Zaveri (Rs. 345.24 million).
The volume chart was led by Cals Refineries with trades of over
9.06 million shares. It was followed by Dazzel Confindive (4.01
million), Sujana Towers (3.36 million) and Subex (3.33