Indian marketsdeclined further today despite lower than expected inflation numbers. Capital goods, oil & gas and auto stocks led the decline. India's headline inflation, based on monthly WPI, declined to 6.62% in January 2013 as compared to 7.18% for the previous month. At the close, the benchmark 30-share index, BSE Sensex declined 110.90 points or 0.57% at 19,497.18 with 16 components registering drop. Meanwhile, the broad based NSE Nifty went down by 36 pointsor 0.61% at 5,896.95 with 33 components posting drop.Sensex Movers
Reliance Industries contributed fall of 47.64 points in the Sensex. It was followed by Larsen & Toubro (26.8 points), I C I C I Bank (25.11 points), Bharti Airtel (20.24 points) and Tata Motors (18 points).
However, H D F C Bank contributed rise of 24.11 points in the Sensex. It was followed by Infosys (13.59 points), Hindustan Unilever (12.86 points), Tata Consultancy Services (11.32 points) and Tata Steel (3.63 points).
Biggest gainers in the 30-share index were Hindustan Unilever (2.24%), G A I L (India) (1.97%), H D F C Bank (1.66%), Tata Steel (1.17%), Tata Consultancy Services (1.15%), and Coal India (0.92%).
On the other hand, Bharti Airtel (4.02%), Wipro (3.33%), Maruti Suzuki India (3.30%), Tata Motors (2.82%), Larsen & Toubro (2.72%), and Reliance Industries (2.63%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -1.43% and -1.86% respectively.The major losers in the BSE Midcap were A B G Shipyard (3.35%), A I A Engineering (3.18%), Alstom India (3.04%), Aban Offshore (1.89%) and CORE Education and Technologies (1.5%).The major losers in the BSE Smallcap were Action Construction Equipment (5.08%), A2Z Maintenance & Engineering Services (4.29%), Adhunik Metaliks (3.86%), Styrolution ABS (India) (2.24%) and Aanjaneya Lifecare (0.95%).
Sectors in Limelight
The Capital Goods index was at 9,776.13, down by 227.23 points or by 2.27%. The major losers were A I A Engineering (3.18%), Alstom India (3.04%), A B B (2.41%), BEML (2.3%) and Bharat Electronics (2.08%).
The Oil & Gas index was at 9,002.90, down by 145.39 points or by 1.59%. The major losers were Bharat Petroleum Corporation (4.34%), Hindustan Petroleum Corporation (1.25%), Indian Oil Corporation (1.16%), Cairn India (0.78%) and Oil & Natural Gas Corporation (0.6%).
The Auto index was at 10,789.60, down by 163.15 points or by 1.49%. The major losers were Ashok Leyland (1.73%), Exide Industries (1.6%), Hero Motocorp (1.44%), Bharat Forge (1.02%) and Bajaj Auto (0.9%).
On the other hand, the FMCG index was at 5,801.89, up by 25.61 points or by 0.44%. The major gainers were Hindustan Unilever (2.24%), United Spirits (1.7%), United Breweries (1.07%), Godrej Consumer Products (0.74%) and I T C (0.12%).
Market Breadth
Market breadth was negative with 879 advances against 2,041 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 2,309.74 million. It was followed by United Spirits (Rs. 820.48 million), United Breweries (Rs. 673.89 million) and Reliance Capital (Rs. 504.32 million).
The volume chart was led by TV18 Broadcast with trades of over 12.36 million shares. It was followed by Unitech (11.24 million), Cals Refineries (9.95 million) and Suzlon Energy (9.31 million).
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