Sensex holds 20,000; Realty, Consumer Durables recover
23rd January 2013 11:18 AM
Indian markets bounced back on Wednesday led by Realtyand Consumer Durables stocks which witnessed heavy selling on Tuesday. At 10.21 am, the Sensex was trading up 34.25 points or 0.17% at 20,015.82 with 20 components gaining. Meanwhile, the Nifty was trading higher by 6.40 points or 0.11% at 6,054.90 with 30 components gaining.
The 30-share benchmark index, BSE Sensex opened flat with a rise of 15.47 points or 0.08% at 19,997.04, while the broad based NSE Nifty began flat with a gain of 4.35 points or 0.07%, at 6,052.85.
Housing Development Finance Corporation contributed rise of 16.27 points in the Sensex. It was followed by I T C (15.8 points), Reliance Industries (15.23 points), H D F C Bank (15.01 points) and Larsen & Toubro (9.17 points).
However, Hindustan Unilever contributed fall of 28.63 points in the Sensex. It was followed by Oil & Natural Gas Corporation (9.95 points), Tata Motors (8.95 points), NTPC (3.01 points) and I C I C I Bank (2.99 points).
Major gainers in the 30-share index were Housing Development Finance Corporation (1.09%), H D F C Bank (1.02%), Larsen & Toubro (0.92%), Mahindra & Mahindra (0.87%), I T C (0.85%), and Cipla (0.83%).
On the other hand, Hindustan Unilever (4.60%), Tata Motors (1.23%), Oil & Natural Gas Corporation (1.17%), NTPC (0.94%), Bajaj Auto (0.60%), and Sun Pharmaceutical Industries (0.58%) were the biggest losers in the Sensex.
Sectors in Limelight
The Realty index was at 2,251.17, up by 16.16 points or by 0.72%. The major gainers were Indiabulls Real Estate (1.77%), Oberoi Realty (1.75%), Prestige Estates Projects (1.38%), D L F (0.95%) and Phoenix Mills (0.81%).
The Consumer Durables index was at 7,597.33, up by 39.03 points or by 0.52%. The major gainers were Gitanjali Gems (1.22%), Rajesh Exports (1.16%), Titan Industries (0.52%), Blue Star (0.32%) and Whirlpool Of India (0.15%).
The PSU index was at 7,753.90, down by 24.83 points or by 0.32%. The major losers were Bank Of India(0.63%), Bharat Electronics (0.57%), Allahabad Bank (0.38%), Bank Of Baroda (0.17%) and BEML (0.09%).The Power index was at 2,001.32, down by 3.82 points or by 0.19%. The major losers were Adani Power (1.14%), NTPC (0.94%), Crompton Greaves (0.76%), Siemens (0.19%) and Lanco Infratech (0.07%).
Market breadth was negative with 1,031 advances against 957 declines.
Value and Volume Toppers
Hindustan Unilever topped the value chart on the BSE with a turnover of Rs. 464.74 million. It was followed by Housing Development and Infrastructure (Rs. 216.01 million), United Breweries (Rs. 157.62 million) and United Spirits (Rs. 148.48 million).
The volume chart was led by Housing Development and Infrastructure with trades of over 1.96 million shares. It was followed by Kingfisher Airlines (1.42 million), Suzlon Energy (1.38 million) and Unitech (1.36 million).
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