Indian markets continue to tradeflatamid firm Asian trend today. IT and auto stocks witnessed buying interest. However, oil & gas and realty stocks traded lower.
At 10.47 a.m., the Sensex was trading up 40.65 points or 0.21% at 19,357.66 with 17 components gaining. Meanwhile, the Nifty was trading higher by 11.85 points or 0.20% at 5,862.15 with 28 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 48.32 points or 0.25% at 19,365.33, while the broad based NSE Nifty started with a rise of 20.25 points or 0.35%, at 5,870.55.
Sensex Movers
Infosys contributed rise of 40.02 points in the Sensex. It was followed by Tata Motors (14.25 points), Tata Consultancy Services (12.11 points), H D F C Bank (6.59 points) and Wipro (6.55 points).
However, Reliance Industries contributed fall of 15.91 points in the Sensex. It was followed by I T C (11.63 points), Oil & Natural Gas Corporation (7.58 points), Housing Development Finance Corporation (6.84 points) and Larsen & Toubro (3.78 points).
Biggest gainers in the 30-share index were Infosys (2.52%), Wipro (2.29%), Tata Motors (2.12%), Tata Consultancy Services (1.22%), Jindal Steel & Power (0.99%), and Tata Steel (0.78%).
On the other hand, Cipla (1.43%), Coal India (1.26%), Hero Motocorp (1.22%), Dr Reddy's Laboratories (0.98%), Oil & Natural Gas Corporation (0.94%), and Reliance Industries (0.90%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.30% and 0.21% respectively. The major gainers in the BSE Midcap were Amtek India (2.95%), Alstom India (1.48%), Apollo Hospitals Enterprise (1.15%), Anant Raj (1.05%) and Amtek Auto (0.35%).The major gainers in the BSE Smallcap were Adhunik Metaliks (1.77%), Styrolution ABS (India) (1.58%), Advanta India (0.98%), Action Construction Equipment (0.69%) and Reliance MediaWorks (0.37%).
Sectors in Limelight
The IT index was at 6,733.35, up by 128.27 points or by 1.94%. The major gainers were Mphasis (3.25%), Infosys (2.52%), Hexaware Technologies (1.56%), H C L Technologies (1.32%) and Oracle Financial Services Software (0.37%).
The TECk index was at 3,882.96, up by 59.97 points or by 1.57%. The major gainers were Mphasis (3.25%), Idea Cellular (1.4%), Dish TV India (1.35%), Oracle Financial Services Software (0.37%) and Reliance MediaWorks (0.37%).
The Auto index was at 10,769.89, up by 68.99 points or by 0.64%. The major gainers were Tata Motors (2.12%), Ashok Leyland (1.75%), Maruti Suzuki India (0.61%), Mahindra & Mahindra (0.57%) and Bharat Forge (0.25%).
On the other hand, the Realty index was at 2,096.92, down by 16.2 points or by 0.77%. The major losers were D L F (2.15%), Prestige Estates Projects (1.03%), Housing Development and Infrastructure (0.88%), Sobha Developers (0.82%) and Parsvnath Developers (0.11%).
Market Breadth
Market breadth was positive with 1,142 advances against 914 declines.
Value and Volume Toppers
Infosys topped the value chart on the BSE with a turnover of Rs. 155.09 million. It was followed by Bharti Infratel (Rs. 144.66 million), Jet Airways (India) (Rs. 137.93 million) and State Bank Of India (Rs. 137.90 million).
The volume chart was led by I F C I with trades of over 2.75 million shares. It was followed by Birla Cotsyn (India) (1.42 million), Orient Green Power Company (1.35 million) and Kingfisher Airlines (1.03 million).
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