Indian markets are trading on a quiet note ahead of ECB meet
today. IT and teck stocks gained the most, while FMCG, consumer
durables and capital goods traded lower.
At 12.54 p.m., the Sensex was trading up 40.42 points or 0.23%
at 17,353.76 with 18 components gaining. Meanwhile, the Nifty was
trading higher by 10.15 points or 0.19% at 5,235.85 with 33
The 30-share benchmark index, BSE Sensex opened flat with a rise
of 7.39 points or 0.04% at 17,320.73, while the broad based NSE
Nifty started with a fall of 8.05 points or 0.15%, at 5,217.65.
Infosys contributed rise of 42.01 points in the Sensex. It was
followed by ICICI Bank (19.68 points), Wipro (9.55 points), Tata
Consultancy Services (7.45 points) and Housing Development Finance
Corporation (6.15 points).
However, ITC contributed fall of 47.95 points in the Sensex. It
was followed by Bharti Airtel (7.66 points), Reliance Industries
(7.02 points), Hindustan Unilever (6.32 points) and Bharat Heavy
Electricals (5.95 points).
Major gainers in the 30-share index were Wipro (3.60%), Infosys
(3.09%), Jindal Steel & Power (2.08%), ICICI Bank (1.60%), NTPC
(1.48%), and Hindalco Industries (1.29%).
On the other hand, ITC (2.78%), Bharat Heavy Electricals
(2.76%), Bharti Airtel (2.00%), Hindustan Unilever (0.96%), Hero
Motocorp (0.95%), and Bajaj Auto (0.49%) were the biggest losers in
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.41% and 0.22%
Sectors in Limelight
The IT index was at 5,853.27, up by 127.03 points or by 2.22%.
The major gainers were Hexaware Technologies (3.65%), Mphasis
(1.98%), H C L Technologies (1.54%), Oracle Financial Services
Software (0.99%) and CORE Education and Technologies (0.45%).
The TECk index was at 3,323.52, up by 52.75 points or by 1.61%.
The major gainers were Mphasis (1.98%), H C L Technologies (1.54%),
Oracle Financial Services Software (0.99%), Dish TV India (0.43%)
and Idea Cellular (0.13%).
The Bankex index was at 11,370.90, up by 78.17 points or by
0.69%. The major gainers were I C I C I Bank (1.6%), Bank Of India
(1.06%), Bank Of Baroda (0.45%), Indusind Bank (0.19%) and Federal
On the other hand, the FMCG index was at 5,313.97, down by 85.45
points or by 1.58%. The major losers were I T C (2.78%), Hindustan
Unilever (0.96%), United Breweries (0.81%), Colgate-Palmolive
(India) (0.09%) and Godrej Consumer Products (0.02%).
Market breadth was negative with 1,319 advances against 1,201
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 343.83 million. It was followed by West Coast Paper
Mills (Rs. 322.56 million), United Spirits (Rs. 212.58 million) and
Axis Bank (Rs. 206.70 million).
The volume chart was led by West Coast Paper Mills with trades
of over 4.78 million shares. It was followed by Cals Refineries
(1.64 million), Onmobile Global (1.64 million) and I F C I (1.60