Sensex trades sluggish; Bharti up, HDFC down
22nd February 2013 01:18 PM
Indian equitiescontinue totrade flat on Friday noon. Realty, technology and IT stocks witnessed buying interest. However, FMCG stocks declined. At 12.12 pm, the Sensex was trading up 0.80 points at 19,326.16 with 14 components gaining. Meanwhile, the Nifty was trading lower by 3.65 points or 0.06% at 5,848.60 with 24 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a rise of 16.54 points or 0.09% at 19,341.90, while the broad based NSE Nifty started with a fall of 14.30 points or 0.24%, at 5,837.95.
Reliance Industries contributed rise of 22.35 points in the Sensex. It was followed by Infosys (18.82 points), I C I C I Bank (14.8 points), Bharti Airtel (12.85 points) and Oil & Natural Gas Corporation (10.38 points).
However, Housing Development Finance Corporation contributed fall of 32.8 points in the Sensex. It was followed by I T C (27.79 points), Tata Motors (12.76 points), Hindustan Unilever (10.02 points) and H D F C Bank (5.84 points).
Major gainers in the 30-share index were Bharti Airtel (2.62%), Wipro (2.45%), Sun Pharmaceutical Industries (2.06%), G A I L (India) (1.45%), Oil & Natural Gas Corporation (1.29%), and Reliance Industries (1.27%).
On the other hand, Housing Development Finance Corporation (2.25%), Tata Motors (1.90%), Hindustan Unilever (1.72%), Maruti Suzuki India (1.67%), I T C (1.43%), and Coal India (1.37%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.14% and 0.05% respectively. The major gainers in the BSE Midcap were Anant Raj (1.65%), Amtek Auto (1.26%), Allahabad Bank (0.68%), Amtek India (0.62%) and Apollo Tyres (0.35%).The major gainers in the BSE Smallcap were Wagend Infra Venture (4.95%), A2Z Maintenance & Engineering Services (1.26%), Aarti Industries (0.58%), Ahluwalia Contracts (India) (0.52%) and Styrolution ABS (India) (0.23%).
Sectors in Limelight
The Realty index was at 2,118.89, up by 33.91 points or by 1.63%. The major gainers were D L F (2.85%), Indiabulls Real Estate (2.04%), Anant Raj (1.65%), Godrej Properties (0.4%) and Housing Development and Infrastructure (0.37%).
The TECk index was at 3,820.18, up by 47.19 points or by 1.25%. The major gainers were Idea Cellular (3.67%), Bharti Airtel (2.62%), Mphasis (1.32%), G T L (1.15%) and G T L Infrastructure (0.32%).
The FMCG index was at 5,691.80, down by 65.56 points or by 1.14%. The major losers were United Breweries (3.69%), Godrej Consumer Products (2.31%), Hindustan Unilever (1.72%), Colgate-Palmolive (India) (1.71%) and I T C (1.43%).The Auto index was at 10,678.46, down by 82.09 points or by 0.76%. The major losers were Maruti Suzuki India (1.67%), Hero Motocorp (0.91%), Bharat Forge (0.59%), Exide Industries (0.27%) and Mahindra & Mahindra (0.02%).
Market breadth was negative with 1,159 advances against 1,255 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 321.52 million. It was followed by Jet Airways (India) (Rs. 272.53 million), Power Grid Corporation Of India (Rs. 225.07 million) and D L F (Rs. 211.16 million).
The volume chart was led by Kingfisher Airlines with trades of over 2.74 million shares. It was followed by Spicejet (2.09 million), Power Grid Corporation Of India (2.08 million) and Suzlon Energy (1.86 million).
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