Sensex edges lower; Tata Power, TCS, RIL fall
19th November 2012 02:18 PM
Indian markets are still trading in a lackluster manner in noon trades today. Consumer durables, metal and capital goods faced the brunt of profit booking.
At 01.49 p.m., the Sensex was trading down 20.85 points or 0.11% at 18,288.52 with 19 components falling. Meanwhile, the Nifty was trading lower by 13.45 points or 0.24% at 5,560.60 with 34 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 40.16 points or 0.22% at 18,349.53, while the broad based NSE Nifty began flat with a gain of 3.25 points or 0.06%, at 5,577.30.
Reliance Industries contributed fall of 21.73 points in the Sensex. It was followed by Housing Development Finance Corporation (17.64 points), Tata Consultancy Services (14.23 points), Larsen & Toubro (11.02 points) and Hindustan Unilever (7.87 points).
However, ITC contributed rise of 36.09 points in the Sensex. It was followed by Bharti Airtel (12.79 points), Maruti Suzuki India (9.47 points), Mahindra & Mahindra (6.1 points) and Infosys (4.69 points).
Major gainers in the 30-share index were Maruti Suzuki India (4.14%), Bharti Airtel (3.12%), ITC (1.99%), Mahindra & Mahindra (1.30%), NTPC (1.08%), and Bajaj Auto (0.77%).
On the other hand, Tata Power Company (2.67%), Tata Consultancy Services (1.59%), Tata Steel (1.50%), Reliance Industries (1.32%), Housing Development Finance Corporation (1.31%), and Hindustan Unilever (1.14%) were the biggest losers in the Sensex pack.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.65% and -0.53% respectively.The major losers in the BSE Midcap were Allahabad Bank(2.88%), A I A Engineering (1.92%), Aban Offshore (1.05%), CORE Education and Technologies (0.67%) and Alstom India (0.43%).The major losers in the BSE Smallcap were Aanjaneya Lifecare (1.6%), Trident (1.06%), Reliance MediaWorks (0.97%), Adhunik Metaliks (0.91%) and Aarti Industries (0.83%).
Sectors in Limelight
The IPO index was at 1,777.48, down by 53.36 points or by 2.91%. The major losers were Claris Lifesciences (9.84%), Acropetal Technologies (2.52%), Aanjaneya Lifecare (1.6%), BS TransComm (0.59%) and C.Mahendra Exports (0.48%).
The Consumer Durables index was at 7,385.87, down by 79.96 points or by 1.07%. The major losers were Blue Star (2.16%), Titan Industries (1.79%), Rajesh Exports (0.97%), C.Mahendra Exports (0.48%) and Bajaj Electricals (0.2%).
The Metal index was at 9,783.22, down by 76.39 points or by 0.77%. The major losers were Hindustan Zinc (1.29%), Hindalco Industries (1.01%), Jindal Steel & Power (0.4%), Bhushan Steel (0.26%) and Coal India (0.17%).
On the other hand, the Auto index was at 10,479.78, up by 79.57 points or by 0.77%. The major gainers were Maruti Suzuki India (4.14%), Mahindra & Mahindra (1.3%), Bajaj Auto (0.77%), Hero Motocorp (0.74%) and Exide Industries (0.18%).
Market breadth was negative with 954 advances against 1,721 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 812.15 million. It was followed by L&T Finance Holdings (Rs. 561.77 million), Tata Coffee (Rs. 455.22 million) and State Bank Of India (Rs. 432.41 million).
The volume chart was led by L&T Finance Holdings with trades of over 7.33 million shares. It was followed by Cals Refineries (3.08 million), Raj Oil Mills (2.70 million) and TV18 Broadcast (2.55 million).
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