Sensex pares gains on CAG report; Tata Power, JSPL plunge
Published: 17th August 2012 03:18 PM
Last Updated: 17th August 2012 03:18 PM
Indian markets pared most of its gains towards closing on Friday
on the back of CAG reports, which were tabled in Rajya Sabha today.
CAGreport states presumptive loss on coal blocksto government
stands at Rs 1,860billion.
At 2.13 p.m., the Sensex was trading up 17.33 points or 0.10% at
17,674.54 with 13 components gaining. Meanwhile, the Nifty was
trading lower by 7.75 points or 0.14% at 5,355.20 with 35
The 30-share benchmark index, BSE Sensex opened with a gain of
43.99 points or 0.25% at 17,701.20, while the broad based NSE Nifty
started with a rise of 5.65 points or 0.11%, at 5,368.60.
I T C contributed rise of 20.23 points in the Sensex. It was
followed by Infosys (20.14 points), Tata Consultancy Services
(11.15 points), Tata Motors (10.33 points) and Hindustan Unilever
However, H D F C Bank contributed fall of 15.7 points in the
Sensex. It was followed by Larsen & Toubro (13.64 points), Tata
Power Company (8.03 points), Oil & Natural Gas Corporation
(6.38 points) and Hindalco Industries (4.95 points).
Major gainers in the 30-share index were Tata Motors (1.97%),
Bharti Airtel (1.54%), Hindustan Unilever (1.54%), Infosys (1.50%),
Tata Consultancy Services (1.25%), and I T C (1.16%).
On the other hand, Tata Power Company (4.06%), Jindal Steel
& Power (3.14%), Hindalco Industries (2.52%), G A I L (India)
(1.61%), Larsen & Toubro (1.46%), and H D F C Bank (1.17%) were
the biggest losers in the Sensex.
The BSE Midcap index was at 6154.13 down by 0.89 points or by
0.01%. The major losers were Amtek Auto (1.27%), Amtek India
(1.07%), Anant Raj Industries (1.06%), Allcargo Logistics (0.5%)
and CORE Education and Technologies (0.24%).
Sectors in Limelight
The FMCG index was at 5,204.04, up by 63.78 points or by 1.24%.
The major gainers were United Breweries (3.36%), Hindustan Unilever
(1.54%), I T C (1.16%), Godrej Consumer Products (1.05%) and Dabur
The IT index was at 5,611.33, up by 63.20 points or by 1.14%.
The major gainers were Infosys (1.5%), Tata Consultancy Services
(1.25%), Wipro (1.04%), H C L Technologies (0.23%) and Tech
The Realty index was at 1,636.33, down by 24.94 points or by
1.5%. The major losers were D L F (2.41%), Housing Development and
Infrastructure (1.49%), Indiabulls Real Estate (1.44%), D B Realty
(1.33%) and Anant Raj Industries (1.06%).The Power index was at
1,932.70, down by 25.74 points or by 1.31%. The major losers were G
M R Infrastructure (3.3%), Reliance Infrastructure (2.79%), Adani
Power (2.76%), A B B (0.92%) and Bharat Heavy Electricals
Market breadth was negative with 1,210 advances against 1,508
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 812.99 million. It was followed by United Spirits
(Rs. 764.31 million), Tata Motors (Rs. 429.94 million) and S K S
Microfinance (Rs. 316.09 million).
The volume chart was led by Kingfisher Airlines with trades of
over 8.27 million shares. It was followed by Alok Industries (6.56
million), JM Financial (4.57 million) and Shree Ashtavinayak Cine
Vision (3.82 million).