Nifty back to 5,700; Bajaj Auto, L&T, ITC lead
By IRIS
02nd November 2012 01:18 PM
Indian benchmark indicesextended gains in post noon session on Friday due to persistentbuyingseen across board. Capital goods, auto and IT stocks were leading the sectoral space.
At 12.56 p.m., the Sensex was trading up 218.68 points or 1.18% at 18,780.38 with 26 components gaining. Meanwhile, the Nifty was trading higher by 62.45 points or 1.11% at 5,707.50 with 46 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 130.45 points or 0.70% at 18,692.15, while the broad based NSE Nifty started with a rise of 51.30 points or 0.91%, at 5,696.35.
Sensex Movers
ITC contributed rise of 43.79 points in the Sensex. It was followed by Larsen & Toubro (29.71 points), ICICI Bank (25.28 points), Infosys (19.69 points) and Tata Consultancy Services (14.55 points).
However, Reliance Industries contributed fall of 4.08 points in the Sensex. It was followed by Bharti Airtel (2.77 points), Hindustan Unilever (2.7 points), Sun Pharmaceutical Industries (1.13 points) and Tata Power Company (0.97 points).
Major gainers in the 30-share index were Bajaj Auto (2.98%), Larsen & Toubro (2.65%), ITC (2.35%), Wipro (2.21%), Hero Motocorp (2.09%), and Sterlite Industries (India) (2.06%).
On the other hand, Bharti Airtel (0.66%), Hindustan Unilever (0.38%), Sun Pharmaceutical Industries (0.34%), and Reliance Industries (0.24%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts gaining 0.67% and 0.84% respectively.The major gainers in the BSE Midcap were Anant Raj Industries (1.44%), Allahabad Bank (0.95%), Amtek Auto (0.69%), A B G Shipyard (0.47%) and Allcargo Logistics (0.11%).The major gainers in the BSE Smallcap were Adhunik Metaliks (4.99%), A2Z Maintenance & Engineering Services (4.08%), Styrolution ABS (India) (1.1%), Aarti Industries (0.86%) and Action Construction Equipment (0.4%).
Sectors in Limelight
The Capital Goods index was at 11,129.99, up by 205.44 points or by 1.88%. The major gainers were BEML (1.72%), Bharat Heavy Electricals (1.41%), Havell'S India (0.74%), Alstom T&D India (0.15%) and Bharat Electronics (0.03%).
The IT index was at 5,817.78, up by 85.09 points or by 1.48%. The major gainers were Hexaware Technologies (2.34%), Infosys (1.46%), H C L Technologies (1.42%), Oracle Financial Services Software (1.25%) and Mphasis (0.62%).
The Auto index was at 10,689.48, up by 155.85 points or by 1.48%. The major gainers were Bajaj Auto (2.98%), Hero Motocorp (2.09%), Ashok Leyland (1.69%), Exide Industries (1.41%) and Cummins India (0.91%).
The TECk index was at 3,383.36, up by 43.31 points or by 1.30%. The major gainers were Reliance MediaWorks (1.4%), Oracle Financial Services Software (1.25%), Idea Cellular (1.05%), Dish TV India (0.73%) and Mphasis (0.62%).
Market Breadth
Market breadth was positive with 1,650 advances against 1,002 declines.
Value and Volume Toppers
Union Bank Of India topped the value chart on the BSE with a turnover of Rs. 364.62 million. It was followed by State Bank Of India (Rs. 345.50 million), United Spirits (Rs. 338.05 million) and Aditya Birla Nuvo (Rs. 276.49 million).
The volume chart was led by Cals Refineries with trades of over 8.38 million shares. It was followed by Ashok Leyland (5.85 million), Kingfisher Airlines (5.22 million) and Northgate Technologies (3.17 million).
Recent Activity
- India's poor need more purchasing power, not doles
- Japan support sought for Vision 2023
- Rahul aide to pick Nellore MP candidate
- Kerala: PSC guidelines put candidates in a fix
- Dead son's education loan: Bank seeks its pound of flesh
- With Advani visit, Modi begins charm offensive
- Social media goes martial over High Court's marital ruling
- Slum removal scheme tweaked to make it more effective
- Indian Coast Guards help rescue 26 crew from shipwreck near Yemen
- Thousands missing near Kedarnath shrine
- Tata Motors unveils 8 upgraded models of passenger vehicles
- Flaws in Koodankulam plant
- Army Major captures 'UFO' in Kerala
- Prices of 348 drugs to come down drastically from May 15
- 60 killed in Nigerian village attacks
- Callgate: Doctors were prime target for Biju, Saritha Nair
Post a Comment