Sensex trades flat; rate-sensitives rally ahead policy
28th January 2013 02:18 PM
Indian equitiesare tradingflat with positive biasin post noon trade on Monday. Realty, auto and banking stocksgained ahead of RBI policy meet tomorrow.Oil & gas, power and capital goods witnessed profit booking.
At 1.14 pm, the Sensex was trading up 12.92 points or 0.06% at 20,116.45 with 17 components gaining. Meanwhile, the Nifty was trading lower by 0.70 points or 0.01% at 6,073.95 with 25 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 25.47 points or 0.13% at 20,129.00, while the broad based NSE Nifty started with a rise of 7.45 points or 0.12%, at 6,082.10.
HDFC Bank contributed rise of 12.16 points in the Sensex. It was followed by Tata Motors (12.07 points), I C I C I Bank (11.95 points), Mahindra & Mahindra (6.12 points) and Wipro (5.29 points).
However, Reliance Industries contributed fall of 21.88 points in the Sensex. It was followed by Oil & Natural Gas Corporation (16.26 points), Hindustan Unilever (8.23 points), Larsen & Toubro (3.53 points) and Housing Development Finance Corporation (2.88 points).
Biggest gainers in the 30-share index were Sterlite Industries (India) (2.05%), Hero Motocorp (2.03%), Wipro (1.83%), Tata Motors (1.64%), G A I L (India) (1.40%), and Mahindra & Mahindra (1.27%).
On the other hand, Oil & Natural Gas Corporation (1.91%), Hindustan Unilever (1.32%), Reliance Industries (1.16%), NTPC (0.82%), Jindal Steel & Power (0.77%), and Sun Pharmaceutical Industries (0.71%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.16% and 0.44% respectively. The major gainers in the BSE Midcap were Aban Offshore (2.3%), Anant Raj (1.39%), Amtek Auto (0.77%), Amara Raja Batteries (0.37%) and Allcargo Logistics (0.28%).The major gainers in the BSE Smallcap were Trident (2.94%), Adhunik Metaliks (1.27%), Aegis Logistics (1.16%), Wagend Infra Venture (0.99%) and A2Z Maintenance & Engineering Services (0.36%).
Sectors in Limelight
The Realty index was at 2,217.83, up by 34.20 points or by 1.57%. The major gainers were D L F (1.81%), Indiabulls Real Estate (1.57%), Anant Raj (1.39%), Godrej Properties (1.03%) and Parsvnath Developers (0.13%).
The Auto index was at 11,197.05, up by 125.81 points or by 1.14%. The major gainers were Hero Motocorp (2.03%), Bajaj Auto (0.72%), Exide Industries (0.7%), Bharat Forge (0.51%) and Ashok Leyland (0.4%).
The Bankex index was at 14,662.03, up by 96.97 points or by 0.67%. The major gainers were Kotak Mahindra Bank (0.89%), H D F C Bank (0.82%), I C I C I Bank (0.75%), Bank Of India (0.58%) and Punjab National Bank (0.4%).
On the other hand, the Oil & Gas index was at 9,438.89, down by 96.95 points or by 1.02%. The major losers were Hindustan Petroleum Corporation (3.2%), Oil & Natural Gas Corporation (1.91%), Indian Oil Corporation (1.28%), Bharat Petroleum Corporation (1.19%) and Castrol India (0.12%).
Market breadth was positive with 1,415 advances against 1,196 declines.
Value and Volume Toppers
Jet Airways (India) topped the value chart on the BSE with a turnover of Rs. 483.73 million. It was followed by Lakshmi Machine Works (Rs. 468.59 million), Housing Development and Infrastructure (Rs. 452.37 million) and State Bank Of India (Rs. 429.02 million).
The volume chart was led by Suzlon Energy with trades of over 9.63 million shares. It was followed by Housing Development and Infrastructure (5.49 million), Unitech (3.77 million) and Lanco Infratech (2.65 million).
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