Indian equities continue to trade in a sluggish manner led by
losses seen in FMCG,consumer durables and auto stocks.At 2.28 pm,
the Sensex was trading down 71.84 points or 0.38% at 18,721.60 with
23 components falling. Meanwhile, the Nifty was trading lower by
21.70 points or 0.38% at 5,695.45 with 39 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a rise
of 10.18 points or 0.05% at 18,803.62, while the broad based NSE
Nifty started with a fall of 1.50 points or 0.03%, at 5,715.65.
I T C contributed fall of 28.13 points
in the Sensex. It was followed by H D F C Bank (13.42 points),
Infosys (13.13 points), Reliance Industries (9.5 points) and Oil
& Natural Gas Corporation (6.04 points).
However, Larsen & Toubro contributed rise of 20.52 points in
the Sensex. It was followed by I C I C I Bank (7.95 points), Bharti
Airtel (1.43 points), Hindustan Unilever (1.09 points) and Housing
Development Finance Corporation (0 points).
Major gainers in the 30-share index were Larsen & Toubro
(1.91%), I C I C I Bank (0.56%), Coal India (0.53%), Bharti Airtel
(0.35%), Cipla (0.30%), and Dr Reddy"S Laboratories (0.23%).
On the other hand, Hero Motocorp (1.80%), I T C (1.53%), Jindal
Steel & Power (1.52%), Tata Power Company (1.04%), G A I L
(India) (1.02%), and Hindalco Industries (1.00%) were the biggest
losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps remained flat.The major losers in the
BSE Midcap were Amtek India (1.93%), Alstom India (1.79%), Andhra
Bank (0.92%), CORE Education and Technologies (0.6%) and Allcargo
Logistics (0.19%).The major losers in the BSE Smallcap were Adhunik
Metaliks (2.01%), Reliance MediaWorks (0.85%), Trident (0.68%),
Advanta India (0.61%) and Aarti Industries (0.43%).
Sectors in Limelight
The FMCG index was at 5,821.79, down by 50.18 points or by
0.85%. The major losers were I T C (1.53%), United Spirits (1.46%),
Nestle India (1.09%), Jubilant FoodWorks (1.08%) and
Colgate-Palmolive (India) (0.58%).
The Consumer Durables index was at 7,240.40, down by 59.43
points or by 0.81%. The major losers were C.Mahendra Exports
(3.42%), Rajesh Exports (1.94%), Blue Star (1.86%), Whirlpool Of
India (0.38%) and Bajaj Electricals (0.13%).
The Auto index was at 10,161.95, down by 68.59 points or by
0.67%. The major losers were Hero Motocorp (1.8%), Exide Industries
(0.98%), Bharat Forge (0.51%), Bajaj Auto (0.51%) and Ashok Leyland
On the other hand, the Capital Goods index was at 11,331.60, up
by 119.12 points or by 1.06%. The major gainers were A I A
Engineering (3.62%), Larsen & Toubro (1.91%), BEML (1.61%),
Praj Industries (0.54%) and Alstom T&D India (0.42%).
Market breadth was negative with 1,270 advances against 1,465
Value and Volume Toppers
Standard Chartered PLC topped the value chart on the BSE with a
turnover of Rs. 1,237.33 million. It was followed by Adani
Enterprises (Rs. 1,211.24 million), Larsen & Toubro (Rs. 605.65
million) and State Bank Of India (Rs. 489.23 million).
The volume chart was led by Cals Refineries with trades of over
25.08 million shares. It was followed by Standard Chartered PLC
(12.03 million), Adani Enterprises (5.39 million) and Firstsource
Solutions (5.23 million).
Keywords :- Sensex, Nifty, BSE Smallcap, BSE Midcap, I T C ,
Larsen & Toubro , H D F C Bank , I C I C I Bank , Infosys ,
Bharti Airtel , Reliance Industries , Hindustan Unilever , Oil
& Natural Gas Corporation , Housing Development Finance
Corporation , Coal India , Cipla , Dr Reddy"S Laboratories , Hero
Motocorp , Jindal Steel & Power , Tata Power Company , G A I L
(India) , Hindalco Industries , Amtek India , Alstom India , Andhra
Bank, CORE Education and Technologies , Allcargo Logistics ,
Adhunik Metaliks , Reliance MediaWorks , Trident , Advanta India ,
Aarti Industries , FMCG, United Spirits , Nestle India , Jubilant
FoodWorks , Colgate-Palmolive (India) , Consumer Durables,
C.Mahendra Exports , Rajesh Exports , Blue Star , Whirlpool Of
India , Bajaj Electricals , Auto, Exide Industries , Bharat Forge ,
Bajaj Auto , Ashok Leyland , Capital Goods, A I A Engineering ,
BEML , Praj Industries , Alstom T&D India , Standard Chartered
PLC, Adani Enterprises , Larsen & Toubro , State Bank Of India,
Infosys , Cals Refineries , Adani Enterprises , Firstsource
Solutions , TV18 Broadcast ,