Sensex trades 0.4% lower; Tata Motors down, ONGC up
24th January 2013 02:18 PM
Indian markets pared some of the losses in post noon session on Thursday.At 13.08 p.m, the Sensex was trading down 79 points or 0.39% at 19,947.61 with 21 components falling. Meanwhile, the Nifty was trading lower by 26.80 points or 0.44% at 6,027.50 with 38 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a decline of 9.41 points or 0.05% at 20,017.20, while the broad based NSE Nifty started with a fall of 8.10 points or 0.13%, at 6,046.20.
Tata Motors contributed fall of 44.92 points in the Sensex. It was followed by Housing Development Finance Corporation (18.06 points), I C I C I Bank (12.78 points), Reliance Industries (11.98 points) and Larsen & Toubro (11.16 points).
However, I T C contributed rise of 25.04 points in the Sensex. It was followed by Oil & Natural Gas Corporation (17.53 points), Tata Consultancy Services (12.15 points), Hindustan Unilever (7.55 points) and H D F C Bank (5.82 points).
Biggest gainers in the 30-share index were Oil & Natural Gas Corporation (2.07%), I T C (1.35%), Tata Consultancy Services (1.31%), Hindustan Unilever (1.22%), Wipro (1.04%), and Dr Reddy'S Laboratories (0.59%).
On the other hand, Tata Motors (6.17%), G A I L (India) (2.77%), Cipla (2.28%), Sterlite Industries (India) (1.73%), Maruti Suzuki India (1.56%), and Bharti Airtel (1.38%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -1.57% and -1.42% respectively.The major losers in the BSE Midcap were A I A Engineering (2.58%), Aban Offshore (1.67%), CORE Education and Technologies (1.11%), A B G Shipyard (0.58%) and Alstom India (0.13%).The major losers in the BSE Smallcap were A2Z Maintenance & Engineering Services (8.91%), Aanjaneya Lifecare (2.32%), Trident (1.67%), Styrolution ABS (India) (1.13%) and Aarti Industries (0.2%).
Sectors in Limelight
The Auto index was at 10,816.64, down by 296.85 points or by 2.67%. The major losers were Bharat Forge (3.9%), Ashok Leyland (2.2%), Bajaj Auto (1.08%), Exide Industries (0.8%) and Hero Motocorp (0.62%).
The Realty index was at 2,145.25, down by 37.42 points or by 1.71%. The major losers were Housing Development and Infrastructure (15.69%), Anant Raj (3.4%), Oberoi Realty (2.02%), Godrej Properties (0.65%) and Prestige Estates Projects (0.4%).
The IPO index was at 1,876.10, down by 20.48 points or by 1.08%. The major losers were Acropetal Technologies (7.35%), Birla Pacific Medspa (4.74%), C.Mahendra Exports (3.17%), Aanjaneya Lifecare (2.32%) and Credit Analysis and Research (0.57%).
On the other hand, the FMCG index was at 5,772.04, up by 50.39 points or by 0.88%. The major gainers were Godrej Consumer Products (1.97%), I T C (1.35%), Hindustan Unilever (1.22%), Nestle India (0.9%) and Colgate-Palmolive (India) (0.25%).
Market breadth was negative with 709 advances against 1,936 declines.
Value and Volume Toppers
Housing Development and Infrastructure topped the value chart on the BSE with a turnover of Rs. 1,915.06 million. It was followed by Tata Motors (Rs. 735.63 million), Larsen & Toubro (Rs. 358.45 million) and Infosys (Rs. 342.63 million).
The volume chart was led by Housing Development and Infrastructure with trades of over 23.60 million shares. It was followed by Unitech (7.27 million), Cals Refineries (2.99 million) and Lanco Infratech (2.84 million).
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