Sensex ends down 41 points; Metal, Realty plunge
By IRIS
04th March 2013 04:18 PM
Indian equitiessettled lower on Monday led by losses seen in metal, realty and consumer durables stocks. At the close, the benchmark 30-share index, BSE Sensex lost 40.56 pointsor 0.21% at 18,877.96 with 19 components posting drop. Meanwhile, the broad based NSE Nifty fell by 21.20 points or 0.37% at 5,698.50 with 39 components posting drop.Sensex Movers
Larsen & Toubro contributed fall of 22.94 points in the Sensex. It was followed by Hindustan Unilever (15.08 points), Tata Steel (11.58 points), Housing Development Finance Corporation (9.48 points) and Oil & Natural Gas Corporation (7.91 points).
However, H D F C Bank contributed rise of 13.02 points in the Sensex. It was followed by I T C (12.95 points), Tata Consultancy Services (7.35 points), Bharti Airtel (7.1 points) and Reliance Industries (6.37 points).
Biggest gainers in the 30-share index were Dr Reddy's Laboratories (1.52%), Bharti Airtel (1.46%), H D F C Bank (0.94%), Tata Consultancy Services (0.71%), I T C (0.69%), and Cipla (0.50%).
On the other hand, Hindalco Industries (4.55%), Jindal Steel & Power (4.26%), Tata Steel (4.26%), Sterlite Industries (India) (2.74%), Hindustan Unilever (2.63%), and Larsen & Toubro (2.52%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining 1.37% and 1.89% respectively.The major losers in the BSE Midcap were Aban Offshore (3.17%), Alstom India (2.92%), A B G Shipyard (2.86%), Allahabad Bank (0.55%) and A I A Engineering (0.19%).The major losers in the BSE Smallcap were Aanjaneya Lifecare (5%), A2Z Maintenance & Engineering Services (4.58%), Styrolution ABS (India) (2.03%), Trident (0.86%) and Aarti Industries (0.48%).
Sectors in Limelight
The Metal index was at 8,893.09, down by 231.71 points or by 2.54%. The major losers were Hindalco Industries (4.55%), Jindal Steel & Power (4.26%), JSW Steel (4.19%), Hindustan Zinc (2.62%) and Bhushan Steel (0.72%).
The Realty index was at 1,887.95, down by 43.45 points or by 2.25%. The major losers were Anant Raj (6.73%), Indiabulls Real Estate (5.09%), D L F (3.39%), Oberoi Realty (2.06%) and Housing Development and Infrastructure (0.34%).
The Consumer Durables index was at 7,242.68, down by 158.78 points or by 2.15%. The major losers were Bajaj Electricals (3.54%), Rajesh Exports (3.33%), Whirlpool Of India (2.09%), Gitanjali Gems (0.88%) and Blue Star (0.74%).
On the other hand, the Bankex index was at 13,277.13, up by 35.26 points or by 0.27%. The major gainers were H D F C Bank (0.94%), Axis Bank (0.47%), State Bank Of India (0.43%), Yes Bank (0.3%) and I C I C I Bank (0.18%).
Market Breadth
Market breadth was negative with 881 advances against 2,009 declines.
Value and Volume Toppers
NHPC topped the value chart on the BSE with a turnover of Rs. 1,930.15 million. It was followed by State Bank Of India (Rs. 575.42 million), Jet Airways (India) (Rs. 407.05 million) and Strides Arcolab (Rs. 312.56 million).
The volume chart was led by NHPC with trades of over 98.48 million shares. It was followed by Suzlon Energy (10.55 million), I F C I (4.77 million) and CORE Education and Technologies (3.86 million).
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