Nifty gains 30 points; Realty, Metal, Capital Goods surge

06th March 2013 03:18 PM

Indian equities continues to trade higher towards closing on Wednesday tracking gains in global markets.Realty, capital goods and metal stocks continued to lead. However, FMCG and consumer durables witnessed profit booking.

At 3.01 pm, the Sensex was trading up 106.63 points or 0.56% at 19,249.80 with 20 components gaining. Meanwhile, the Nifty was trading higher by 30.40 points or 0.53% at 5,814.65 with 34 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 111.03 points or 0.58% at 19,254.20, while the broad based NSE Nifty started with a rise of 32.15 points or 0.56%, at 5,816.40.

Sensex Movers

Larsen & Toubro contributed rise of 24.43 points in the Sensex. It was followed by Infosys (23.48 points), Tata Motors (21.12 points), Reliance Industries (17.53 points) and I C I C I Bank (14.41 points).

However, I T C contributed fall of 21.7 points in the Sensex. It was followed by Hindustan Unilever (11.19 points), Mahindra & Mahindra (9.64 points), H D F C Bank (7.47 points) and Housing Development Finance Corporation (2.87 points).

Biggest gainers in the 30-share index were Sterlite Industries (India) (4.54%), Hindalco Industries (3.25%), Tata Motors (3.23%), Larsen & Toubro (2.63%), Bharat Heavy Electricals (2.29%), and Wipro (1.75%).

On the other hand, Mahindra & Mahindra (1.97%), Hindustan Unilever (1.91%), I T C (1.13%), NTPC (0.60%), Maruti Suzuki India (0.59%), and H D F C Bank (0.53%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 1.16% and 1.44% respectively. The major gainers in the BSE Midcap were Alstom India (8.26%), Aban Offshore (2.5%), A I A Engineering (2.48%), Allahabad Bank (2.35%) and A B G Shipyard (0.34%).The major gainers in the BSE Smallcap were A2Z Maintenance & Engineering Services (5.27%), Action Construction Equipment (4.2%), Adhunik Metaliks (1.98%), Trident (0.99%) and Styrolution ABS (India) (0.32%).

Sectors in Limelight

The Realty index was at 2,031.82, up by 84.79 points or by 4.35%. The major gainers were Housing Development and Infrastructure (12.31%), Anant Raj (7.96%), Indiabulls Real Estate (5.74%), D L F (3.6%) and Godrej Properties (0.58%).

The Metal index was at 9,342.38, up by 213.79 points or by 2.34%. The major gainers were Hindustan Zinc (4.48%), Hindalco Industries (3.25%), Jindal Steel & Power (0.72%), Bhushan Steel (0.37%) and Coal India (0.08%).

The Capital Goods index was at 9,511.70, up by 215.91 points or by 2.32%. The major gainers were Alstom India (8.26%), A I A Engineering (2.48%), Bharat Electronics (1.56%), BEML (0.74%) and A B B (0.23%).

On the other hand, the FMCG index was at 5,636.34, down by 42.9 points or by 0.76%. The major losers were Hindustan Unilever (1.91%), Tata Global Beverages (1.4%), I T C (1.13%), Dabur India (0.79%) and United Spirits (0.06%).

Market Breadth

Market breadth was positive with 1,735 advances against 1,095 declines.

Value and Volume Toppers

Housing Development and Infrastructure topped the value chart on the BSE with a turnover of Rs. 600.92 million. It was followed by State Bank Of India (Rs. 599.48 million), M M T C (Rs. 367.08 million) and Astrazeneca Pharma India (Rs. 350.57 million).

The volume chart was led by Ashok Leyland with trades of over 12.21 million shares. It was followed by Housing Development and Infrastructure (8.84 million), NHPC (7.78 million) and Shree Ashtavinayak Cine Vision (6.28 million).

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