Indian equities continue to trade on a flat note with positive
bias amid volatility. All sectoral indices are trading mixed with
metal and auto gaining the most.At 11.54 a.m., the Sensex was
trading up 48.20 points or 0.27% at 17,649.98 with 19 components
gaining. Meanwhile, the Nifty was trading higher by 21.00 points or
0.39% at 5,357.70 with 33 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
36.75 points or 0.21% at 17,638.53, while the broad based NSE Nifty
started with a rise of 8.55 points or 0.16%, at 5,345.25.
Reliance Industries contributed rise of 15.3 points in the
Sensex. It was followed by Infosys (14.07 points), Tata Motors
(9.87 points), Mahindra & Mahindra (7.1 points) and Hindustan
Unilever (6.75 points).
However, Oil & Natural Gas Corporation contributed fall of
12.34 points in the Sensex. It was followed by Bharti Airtel (11.35
points), Tata Consultancy Services (8.08 points), H D F C Bank
(4.25 points) and I C I C I Bank (3.77 points).
Major gainers in the 30-share index were Jindal Steel &
Power (3.01%), Hindalco Industries (2.57%), Sterlite Industries
(India) (2.40%), Tata Motors (1.95%), Mahindra & Mahindra
(1.85%), and Tata Steel (1.55%).
On the other hand, Bharti Airtel (2.38%), G A I L (India)
(2.28%), Oil & Natural Gas Corporation (1.70%), Tata
Consultancy Services (0.92%), Maruti Suzuki India (0.60%), and Dr
Reddy"S Laboratories (0.48%) were the biggest losers in the
Mid & Small-cap Space
The BSE Midcap and Smallcap index rose 0.42% and 0.38%
Sectors in Limelight
The Metal index was at 10,554.90, up by 193.57 points or by
1.87%. The major gainers were Jindal Steel & Power (3.01%),
Hindalco Industries (2.57%), Hindustan Zinc (1.72%), Coal India
(0.84%) and Bhushan Steel (0.17%).
The Auto index was at 9,428.86, up by 100.15 points or by 1.07%.
The major gainers were Cummins India (3.16%), Mahindra &
Mahindra (1.85%), Bharat Forge (1.15%), Hero Motocorp (0.41%) and
Bajaj Auto (0.37%).
The IPO index was at 1,482.90, up by 11.22 points or by 0.76%.
The major gainers were Bajaj Corp (5.8%), Ashoka Buildcon (3.01%),
Career Point (2.6%), Bedmutha Industries (0.73%) and BS TransComm
On the other hand, the Realty index was at 1,675.86, down by
8.17 points or by 0.49%. The major losers were Indiabulls Real
Estate (2.96%), Sobha Developers (1.35%), D L F (0.39%), Housing
Development and Infrastructure (0.3%) and Phoenix Mills
Market breadth was negative with 1,277 advances against 1,188
Value and Volume Toppers
Indiabulls Financial Services topped the value chart on the BSE
with a turnover of Rs. 664.16 million. It was followed by
Indiabulls Real Estate (Rs. 385.80 million), State Bank Of India
(Rs. 382.53 million) and Bharti Airtel (Rs. 307.45 million).
The volume chart was led by Indiabulls Real Estate with trades
of over 7.13 million shares. It was followed by Indiabulls
Infrastructure and Power (5.92 million), Indiabulls Financial
Services (3.22 million) and Kingfisher Airlines (3.00 million).