Indian equities turned negative towards closing on Wednesday led by Realty and Auto stocks. At 2.26 pm, the Sensex was trading down 40.88 points or 0.20% at 19,940.69 with 18 components falling. Meanwhile, the Nifty was trading lower by 20.15 points or 0.33% at 6,028.35 with 35 components falling.
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.
Sensex Movers
Hindustan Unilever contributed fall of
27.82 points in the Sensex. It was followed by Tata Motors (17.04
points), Oil & Natural Gas Corporation (11.05 points), I C I C
I Bank (7.8 points) and Tata Consultancy Services (6.89
points).
However, I T C contributed rise of 24.41 points in the Sensex. It was followed by Bharti Airtel (20.13 points), H D F C Bank (8.77 points), Housing Development Finance Corporation (6.38 points) and Infosys (3.15 points).
Biggest gainers in the 30-share index were Bharti Airtel (3.71%), I T C (1.32%), Wipro (0.77%), Cipla (0.73%), Tata Power Company (0.65%), and H D F C Bank (0.60%).
On the other hand, Hindustan Unilever (4.49%), Tata Motors (2.34%), Hindalco Industries (2.34%), Bajaj Auto (1.83%), NTPC (1.65%), and G A I L (India) (1.60%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -1.14% and -0.87% respectively.The major losers in the BSE Midcap were A B G Shipyard (1.56%), Aban Offshore (1.03%), CORE Education and Technologies (0.92%), Alstom India (0.56%) and A I A Engineering (0.42%).The major losers in the BSE Smallcap were A2Z Maintenance & Engineering Services (3.93%), Styrolution ABS (India) (3.29%), Adhunik Metaliks (2.99%), Trident (0.22%) and Aarti Industries (0.05%).
Sectors in Limelight
The Realty index was at 2,193.94, down by 41.07 points or by 1.84%. The major losers were Housing Development and Infrastructure (13.53%), Anant Raj (2.83%), Indiabulls Real Estate (2.42%), D L F (1.07%) and Godrej Properties (0.84%).
The PSU index was at 7,672.76, down by 105.97 points or by 1.36%. The major losers were Bank Of India(4.65%), Allahabad Bank (4.38%), Andhra Bank (3.34%), Bank Of Baroda (2.41%) and Balmer Lawrie & Company (0.47%).
The Auto index was at 11,078.16, down by 127.96 points or by 1.14%. The major losers were Bharat Forge (2.38%), Ashok Leyland (1.95%), Bajaj Auto (1.83%), Exide Industries (1.31%) and Mahindra & Mahindra (0.54%).
On the other hand, the TECk index was at 3,807.08, up by 11.07 points or by 0.29%. The major gainers were Bharti Airtel (3.71%), G T L (2.85%), D B Corp (0.95%), Dish TV India (0.27%) and Idea Cellular (0.04%).
Market Breadth
Market breadth was negative with 970 advances against 1,876 declines.
Value and Volume Toppers
Housing Development and Infrastructure topped the value chart on the BSE with a turnover of Rs. 863.79 million. It was followed by Hindustan Unilever (Rs. 645.64 million), Bharti Airtel (Rs. 511.68 million) and State Bank Of India (Rs. 450.35 million).
The volume chart was led by Housing Development and Infrastructure with trades of over 8.89 million shares. It was followed by Unitech (3.94 million), Reliance Communications (3.77 million) and Suzlon Energy (3.62 million).
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