Indian marketscontinue to trade on a lower note amid volatility.
Realty, healthcare and capital goods traded marginally lower.
At 1.44 p.m., the Sensex was trading down 61.72 points or 0.37%
at 16,834.91 with 17 components falling. Meanwhile, the Nifty was
trading lower by 21.30 points or 0.42% at 5,099.25 with 29
The 30-share benchmark index, BSE Sensex opened with a decline
of 41.03 points or 0.24% at 16,855.60, while the broad based NSE
Nifty started with a fall of 23.20 points or 0.45%, at
Reliance Industries contributed fall of 50.89 points in the
Sensex. It was followed by Tata Consultancy Services (26.39
points), Mahindra & Mahindra (5.75 points), Infosys (5.02
points) and Tata Motors (3.91 points).
However, Larsen & Toubro contributed rise of 12.25 points in
the Sensex. It was followed by I T C (7.44 points), Oil &
Natural Gas Corporation (6.85 points), Bharat Heavy Electricals
(4.33 points) and I C I C I Bank (3.57 points).
Biggest gainers in the 30-share index were Bharat Heavy
Electricals (1.98%), HeroMotocorp (1.45%), Tata Power Company
(1.30%), Larsen & Toubro (1.28%), Oil & Natural Gas
Corporation (1.03%), and I T C (0.47%).
On the other hand, Reliance Industries (3.42%), Tata Consultancy
Services (3.07%), Hindalco Industries (1.76%), Mahindra &
Mahindra (1.53%), Jindal Steel & Power (1.29%), and Tata Motors
(0.73%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.10% and 0.21% respectively. The major
gainers in the BSE Midcap were A I A Engineering (3.67%), Amtek
Auto (0.69%), CORE Education and Technologies (0.63%), Alstom
Projects India (0.55%) and Amtek India (0.05%).The major gainers in
the BSE Smallcap were Action Construction Equipment (2.79%),
Adhunik Metaliks (1.07%), Aanjaneya Lifecare (0.9%), Styrolution
ABS (India) (0.42%) and Aarti Industries (0.21%).
Sectors in Limelight
The Capital Goods index was at 9,725.53, up by 134.60 points or
by 1.40%. The major gainers were A I A Engineering (3.67%), A B B
(1.75%), Bharat Electronics (1.35%), BEML (0.74%) and Alstom
Projects India (0.55%).
The Realty index was at 1,589.30, up by 10.64 points or by
0.67%. The major gainers were Housing Development and
Infrastructure (1.78%), D L F (1.72%), Parsvnath Developers
(0.99%), Indiabulls Real Estate (0.91%) and D B Realty (0.31%).
The Power index was at 1,872.16, up by 11.85 points or by 0.64%.
The major gainers were Bharat Heavy Electricals (1.98%), A B B
(1.75%), Crompton Greaves (1.47%), Reliance Infrastructure (0.87%)
and Lanco Infratech (0.65%).
On the other hand, the Oil & Gas index was at 7,885.74, down
by 93.45 points or by 1.17%. The major losers were Reliance
Industries (3.42%) and Cairn India (2.7%).
Market breadth was negative with 1,258 advances against 1,286
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 648.15 million. It was followed by Reliance
Industries (Rs. 393.97 million), Larsen & Toubro (Rs. 377.33
million) and Mahindra & Mahindra Financial Services (Rs. 319.42
The volume chart was led by Cals Refineries with trades of over
3.80 million shares. It was followed by Acil Cotton Industries
(3.47 million), Kingfisher Airlines (3.31 million) and Lanco
Infratech (3.29 million).