Sensex gains 55 pts; Bharti Airtel up 3.4%
27th February 2013 11:18 AM
Indian equities gained on Wednesday snapping earlier losses. At 10.08 a.m., the Sensex was trading up 54.91 points or 0.29% at 19,070.05 with 16 components gaining. Meanwhile, the Nifty was trading higher by 13.15 points or 0.23% at 5,774.50 with 24 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 75.18 points or 0.40% at 19,090.32, while the broad based NSE Nifty started with a rise of 23.55 points or 0.41%, at 5,784.90.
Reliance Industries contributed rise of 25.32 points in the Sensex. It was followed by I T C (22.24 points), Housing Development Finance Corporation (18.43 points), Bharti Airtel (16.3 points) and Larsen & Toubro (15.53 points).
However, Infosys contributed fall of 20.07 points in the Sensex. It was followed by Tata Motors (11.7 points), Tata Consultancy Services (8.49 points), Oil & Natural Gas Corporation (8.14 points) and H D F C Bank (8.06 points).
Biggest gainers in the 30-share index were Bharti Airtel (3.41%), Larsen & Toubro (1.68%), Reliance Industries (1.42%), Housing Development Finance Corporation (1.29%), I T C (1.19%), and Cipla (1.12%).
On the other hand, Tata Motors (1.82%), G A I L (India) (1.63%), Infosys (1.25%), Dr Reddy'S Laboratories (1.21%), Hero Motocorp (1.20%), and Oil & Natural Gas Corporation (1.01%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 6409 down by 5.32 points or by 0.08%.The major losers were CORE Education and Technologies (40.99%), A B G Shipyard (7.91%), Aban Offshore (0.6%), Amara Raja Batteries (0.35%) and Amtek Auto (0.15%).
Sectors in Limelight
The Capital Goods index was at 9,385.88, up by 103.16 points or by 1.11%. The major gainers were Bharat Heavy Electricals (1.09%), Crompton Greaves (1.02%), Alstom India (1%), Bharat Electronics (0.12%) and A B B (0.07%).
The FMCG index was at 5,681.38, up by 53.07 points or by 0.94%. The major gainers were Godrej Consumer Products (1.61%), I T C (1.19%), Hindustan Unilever (0.99%), Dabur India (0.78%) and Colgate-Palmolive (India) (0.03%).
The Realty index was at 2,041.39, up by 17.82 points or by 0.88%. The major gainers were D L F (1.45%), Godrej Properties (0.92%), Parsvnath Developers (0.7%), Anant Raj (0.56%) and Oberoi Realty (0.12%).
On the other hand, the IPO index was at 1,654.64, down by 26.02 points or by 1.55%. The major losers were Aanjaneya Lifecare (9.99%), Acropetal Technologies (2.34%), Birla Pacific Medspa (1.35%), Bharti Infratel (1.15%) and Flexituff International (0.31%).
Market breadth was positive with 942 advances against 809 declines.
Value and Volume Toppers
CORE Education and Technologies topped the value chart on the BSE with a turnover of Rs. 220.78 million. It was followed by Jet Airways (India) (Rs. 165.91 million), Strides Arcolab (Rs. 97.33 million) and Suzlon Energy (Rs. 85.58 million).
The volume chart was led by Suzlon Energy with trades of over 3.78 million shares. It was followed by CORE Education and Technologies (3.35 million), Unitech (0.69 million) and Educomp Solutions (0.62 million).
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