Sensex flat in opening trade; RBI policy eyed
30th October 2012 10:18 AM
Indian equities are tradingflat with positive bias in early trade onTuesday. At 09.22 a.m., the Sensex was trading down 6.12 points or 0.03% at 18,629.70 with 17 components falling. Meanwhile, the Nifty was trading lower by 0.55 points or 0.01% at 5,665.05 with 29 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a rise of 6.19 points or 0.03% at 18,642.01, while the broad based NSE Nifty started with a fall of 9.25 points or 0.16%, at 5,656.35.
Reliance Industries contributed fall of 6.61 points in the Sensex. It was followed by I T C (5.78 points), Oil & Natural Gas Corporation (5.68 points), Bharat Heavy Electricals (4.73 points) and Tata Motors (3.75 points).
However, I C I C I Bank contributed rise of 8.22 points in the Sensex. It was followed by Housing Development Finance Corporation (4.71 points), Infosys (4.42 points), H D F C Bank (2.55 points) and State Bank Of India (1.79 points).
Major gainers in the 30-share index were Dr Reddy'S Laboratories (1.02%), Tata Power Company (0.56%), I C I C I Bank (0.56%), Bajaj Auto (0.53%), Wipro (0.38%), and Housing Development Finance Corporation (0.34%).
On the other hand, Bharat Heavy Electricals (1.94%), Maruti Suzuki India (1.24%), Oil & Natural Gas Corporation (0.82%), Cipla (0.72%), Tata Motors (0.64%), and Coal India (0.56%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.22% and 0.16% respectively. The major gainers in the BSE Midcap were Anant Raj Industries (1.06%), Andhra Bank (0.75%), Aban Offshore (0.62%), Allahabad Bank (0.19%) and Hexaware Technologies (0.18%).The major gainers in the BSE Smallcap were Styrolution ABS (India) (2.09%), Action Construction Equipment (1.57%), A2Z Maintenance & Engineering Services (0.41%), Aarti Industries (0.28%) and Reliance MediaWorks (0.14%).
Sectors in Limelight
The Bankex index was at 13,233.75, up by 53.14 points or by 0.40%. The major gainers were I C I C I Bank (0.56%), Bank Of Baroda (0.41%), Indusind Bank (0.19%), H D F C Bank (0.18%) and Federal Bank (0.08%).
The Realty index was at 1,793.35, up by 5.99 points or by 0.34%. The major gainers were D B Realty (1.19%), Anant Raj Industries (1.06%), Housing Development and Infrastructure (0.51%), D L F (0.34%) and Indiabulls Real Estate (0.34%).
The IPO index was at 1,654.79, up by 3.12 points or by 0.19%. The major gainers were BS TransComm (1.83%), Commercial Engineers and Body Builders Company (0.86%), C.Mahendra Exports (0.78%), Claris Lifesciences (0.45%) and A2Z Maintenance & Engineering Services (0.41%).
On the other hand, the Oil & Gas index was at 8,416.55, down by 30.12 points or by 0.36%. The major losers were Oil & Natural Gas Corporation (0.82%), Gujarat State Petronet (0.46%), Reliance Industries (0.39%), Petronet LNG (0.24%) and G A I L (India) (0.07%).
Market breadth was positive with 555 advances against 348 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 111.38 million. It was followed by United Breweries (Rs. 42.57 million), State Bank Of India (Rs. 36.23 million) and United Breweries (Holdings) (Rs. 25.25 million).
The volume chart was led by Cals Refineries with trades of over 1.39 million shares. It was followed by Mercator (0.58 million), Suzlon Energy (0.35 million) and Kingfisher Airlines (0.32 million).
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