Nifty down 0.5%; BHEL, Tata Motors, Sterlite drop
05th February 2013 01:18 PM
Indian markets continues to trade lower in Tuesday noon session led by losses seen in realty, consumer durables and capital goods stocks. At 12.16 pm, the Sensex was trading down 84.70 points or 0.43% at 19,666.49 with 20 components falling. Meanwhile, the Nifty was trading lower by 31.05 points or 0.52% at 5,956.20 with 36 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline of 85.65 points or 0.43% at 19,665.54, while the broad based NSE Nifty started with a fall of 39.05 points or 0.65%, at 5,948.20.
I C I C I Bank contributed fall of 19.53 points in the Sensex. It was followed by Reliance Industries (19.1 points), Tata Motors (14.82 points), I T C (14.62 points) and Bharti Airtel (8.14 points).
However, Sun Pharmaceutical Industries contributed rise of 13.69 points in the Sensex. It was followed by Tata Consultancy Services (5.36 points), Mahindra & Mahindra (1.71 points), Oil & Natural Gas Corporation (1.41 points) and Grasim Industries (1.31 points).
Major gainers in the 30-share index were Sun Pharmaceutical Industries (3.93%), G A I L (India) (1.50%), Tata Consultancy Services (0.58%), Maruti Suzuki India (0.48%), Bajaj Auto (0.40%), and Mahindra & Mahindra (0.36%).
On the other hand, Bharat Heavy Electricals (2.90%), Tata Motors (2.35%), Sterlite Industries (India) (1.91%), Hero Motocorp (1.64%), Bharti Airtel (1.59%), and I C I C I Bank (1.24%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.86% and -0.96% respectively.The major losers in the BSE Midcap were Aban Offshore (1.82%), A I A Engineering (1.29%), Alstom India (1.03%), A B G Shipyard (0.92%) and CORE Education and Technologies (0.21%).The major losers in the BSE Smallcap were A2Z Maintenance & Engineering Services (3.85%), Aanjaneya Lifecare (1.62%), Styrolution ABS (India) (1.47%), Aarti Industries (1.19%) and Action Construction Equipment (0.55%).
Sectors in Limelight
The Realty index was at 2,172.90, down by 28.94 points or by 1.31%. The major losers were Indiabulls Real Estate (2.34%), Housing Development and Infrastructure (2.24%), Oberoi Realty (1.83%), Godrej Properties (1.54%) and D L F (1.09%).
The Consumer Durables index was at 7,605.64, down by 71.71 points or by 0.93%. The major losers were Bajaj Electricals (2.03%), Rajesh Exports (0.49%), Symphony (0.44%), Whirlpool Of India (0.08%) and Gitanjali Gems (0.08%).
On the other hand, the HC index was at 8,005.82, up by 39.85 points or by 0.50%. The major gainers were Biocon (1.35%), Cadila Healthcare (0.66%), Ranbaxy Laboratories (0.45%), Glaxo SmithKline Pharmaceuticals (0.34%) and Apollo Hospitals Enterprise (0.2%).
Market breadth was negative with 751 advances against 1,740 declines.
Value and Volume Toppers
Havell"S India topped the value chart on the BSE with a turnover of Rs. 4,710.91 million. It was followed by State Bank Of India (Rs. 398.13 million), United Spirits (Rs. 367.03 million) and Zee Entertainment Enterprises (Rs. 268.85 million).
The volume chart was led by Visesh Infotecnics with trades of over 24.68 million shares. It was followed by Havell"S India (7.22 million), Commercial Engineers and Body Builders Company (5.45 million) and Suzlon Energy (5.25 million).
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