Indian markets continued to gain in early trade for the fourth
day on Friday. The 30-share benchmark index, BSE Sensex opened flat
with a rise of 7.37 points or 0.04% at 17,546.04, while the broad
based NSE Nifty started with a fall of 2.60 points or 0.05%, at
At 09.20 a.m., the Sensex was trading down 37.21 points or 0.21%
at 17,501.46 with 22 components falling. Meanwhile, the Nifty was
trading lower by 14.85 points or 0.28% at 5,312.45 with 37
Infosys contributed fall of 10.78
points in the Sensex. It was followed by Reliance Industries (8.96
points), I C I C I Bank (5.74 points), Oil & Natural Gas
Corporation (4.66 points) and Tata Consultancy Services (4.55
However, Housing Development Finance Corporation contributed
rise of 4.75 points in the Sensex. It was followed by Hindustan
Unilever (3.05 points), Tata Motors (2.95 points), Grasim
Industries (1.53 points) and ACC (0.5 points).
Biggest gainers in the 30-share index were Coal India (0.67%),
Tata Motors (0.54%), Hindustan Unilever (0.52%), Housing
Development Finance Corporation (0.41%), Cipla (0.11%), and
Mahindra & Mahindra (0.03%).
On the other hand, Jindal Steel & Power (2.44%), Wipro
(1.06%), Sterlite Industries (India) (0.96%), Maruti Suzuki India
(0.93%), Infosys Technologies (0.74%), and Oil & Natural Gas
Corporation (0.65%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.09% and 0.47% respectively. The major
gainers in the BSE Midcap were Anant Raj Industries (1.49%), Alok
Industries (1.1%), Amtek Auto (1.05%), Alstom Projects India (0.5%)
and Andhra Bank (0.17%).The major gainers in the BSE Smallcap were
Aanjaneya Lifecare (1.95%), Anil (1.24%), Aegis Logistics (0.88%),
Advanta India (0.33%) and Alembic (0.3%).
Sectors in Limelight
The IT index was at 5,670.85, down by 29.2 points or by 0.51%.
The major losers were Mphasis (1.33%), Infosys (0.74%), Tata
Consultancy Services (0.51%), Hexaware Technologies (0.28%) and
Tech Mahindra (0.13%).
The TECk index was at 3,346.23, down by 16.15 points or by
0.48%. The major losers were Mphasis (1.33%), Idea Cellular
(0.64%), Bharti Airtel (0.34%), Reliance MediaWorks (0.08%) and
Dish TV India (0.07%).
The Metal index was at 11,081.95, down by 40.64 points or by
0.37%. The major losers were Jindal Steel & Power (2.44%), NMDC
(1.06%), JSW Steel (0.87%), Hindalco Industries (0.52%) and Bhushan
On the other hand, the IPO index was at 1,529.84, up by 6.75
points or by 0.44%. The major gainers were Electrosteel Steels
(6.84%), Bajaj Corp (0.97%), Coal India (0.67%), Commercial
Engineers and Body Builders Company (0.58%) and Eros International
Market breadth was negative with 577 advances against 371
Value and Volume Toppers
Intellivate Capital Ventures -PPS topped the value chart on the
BSE with a turnover of Rs. 0.00 million. It was followed by State
Bank Of India (Rs. 36.13 million), Tata Motors (Rs. 21.85 million)
and I C I C I Bank (Rs. 14.64 million).
The volume chart was led by Prraneta Industries with trades of
over 2.38 million shares. It was followed by Cals Refineries (0.47
million), Kingfisher Airlines (0.33 million) and Lanco Infratech