Sensex flat; Mid and small-caps underperform
20th November 2012 04:18 PM
Indian equities continued to trade on flat notetowards closingon Tuesday. At 3.14 pm, the Sensex was trading up 12.50 points or 0.07% at 18,351.50 with 13 components gaining. Meanwhile, the Nifty was trading higher by 2.95 points or 0.05% at 5,574.35 with 17 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 83.69 points or 0.46% at 18,422.69, while the broad based NSE Nifty started with a rise of 33.40 points or 0.60%, at 5,604.80.
Housing Development Finance Corporation contributed rise of 32.7 points in the Sensex. It was followed by Mahindra & Mahindra (17.23 points), H D F C Bank (8.85 points), Tata Motors (6.28 points) and Tata Consultancy Services (5.55 points).
However, Infosys contributed fall of 17.09 points in the Sensex. It was followed by Reliance Industries (13.67 points), I T C (11.07 points), State Bank Of India (8.56 points) and Larsen & Toubro (7.07 points).
Major gainers in the 30-share index were Mahindra & Mahindra (3.54%), Housing Development Finance Corporation (2.33%), Tata Power Company (1.81%), Tata Motors (1.06%), Wipro (1.05%), and Coal India (0.94%).
On the other hand, Hindalco Industries (1.95%), State Bank Of India (1.28%), Infosys (1.27%), Bajaj Auto (1.25%), Hero Motocorp (1.06%), and Sterlite Industries (India) (0.93%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.72% and -0.79% respectively.The major losers in the BSE Midcap were Allahabad Bank(1.79%), Amara Raja Batteries (1.35%), Aban Offshore (0.79%), A B G Shipyard (0.75%) and A I A Engineering (0.25%).The major losers in the BSE Smallcap were Action Construction Equipment (4.32%), Aarti Industries (2.49%), A2Z Maintenance & Engineering Services (1.77%), Styrolution ABS (India) (1.5%) and Trident (1.42%).
Sectors in Limelight
The Realty index was at 1,836.31, down by 53.26 points or by 2.82%. The major losers were D B Realty (5.33%), Indiabulls Real Estate (3.47%), Anant Raj Industries (3.43%), D L F (2.25%) and Godrej Properties (1.18%).
The Metal index was at 9,716.93, down by 76.33 points or by 0.78%. The major losers were Hindalco Industries (1.95%), JSW Steel (1.83%), NMDC (1.44%), Sesa Goa (1.29%) and Jindal Steel & Power (0.66%).
The Oil & Gas index was at 7,988.55, down by 54.53 points or by 0.68%. The major losers were Oil & Natural Gas Corporation (0.92%), Cairn India (0.79%), Hindustan Petroleum Corporation (0.66%), Bharat Petroleum Corporation (0.47%) and Petronet LNG (0.19%).
On the other hand, the Auto index was at 10,578.99, up by 70.97 points or by 0.68%. The major gainers were Mahindra & Mahindra (3.54%), Tata Motors (1.06%), Bosch (0.88%), Cummins India (0.46%) and Maruti Suzuki India (0.42%).
Market breadth was negative with 1,056 advances against 1,809 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 920.20 million. It was followed by L&T Finance Holdings (Rs. 857.29 million), State Bank Of India (Rs. 669.09 million) and Zylog Systems (Rs. 426.43 million).
The volume chart was led by L&T Finance Holdings with trades of over 11.48 million shares. It was followed by Zylog Systems (6.11 million), Cals Refineries (5.83 million) and Kingfisher Airlines (5.01 million).
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