Indian equities extended gains on hopes of ECB meet today. IT
and tech space gained ground, while FMCG and consumer durables saw
At 1.54 p.m., the Sensex was trading up 72.99 points or 0.42% at
17,386.33 with 19 components gaining. Meanwhile, the Nifty was
trading higher by 23.85 points or 0.46% at 5,249.55 with 32
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 48.12 points in the Sensex. It was
followed by ICICI Bank (22.95 points), Wipro (10.89 points), Tata
Consultancy Services (8.87 points) and Oil & Natural Gas
Corporation (7.64 points).
However, ITC contributed fall of 39.66 points in the Sensex. It
was followed by Bharti Airtel (7.3 points), Hindustan Unilever
(5.83 points), Bharat Heavy Electricals (5.8 points) and Reliance
Industries (4.3 points).
Biggest gainers in the 30-share index were Wipro (4.09%),
Infosys (3.53%), Jindal Steel & Power (2.38%), ICICI Bank
(1.86%), Maruti Suzuki India (1.58%), and NTPC (1.48%).
On the other hand, Bharat Heavy Electricals (2.69%), ITC
(2.29%), Bharti Airtel (1.90%), Hindustan Unilever (0.89%), Hero
Motocorp (0.52%), and Bajaj Auto (0.34%) were the biggest losers in
Mid & Small-cap Space
The Midcap and Smallcap index rose 0.52% and 0.32%
Sectors in Limelight
The IT index was at 5,867.49, up by 141.25 points or by 2.47%.
The major gainers were Infosys (3.53%), Hexaware Technologies
(2.96%), Mphasis (2.2%), H C L Technologies (1.38%) and Oracle
Financial Services Software (0.71%).
The TECk index was at 3,330.40, up by 59.63 points or by 1.82%.
The major gainers were Mphasis (2.2%), Dish TV India (1.56%), HCL
Technologies (1.38%), Oracle Financial Services Software (0.71%)
and Tata Teleservices (Maharashtra) (0.09%).
The Bankex index was at 11,386.37, up by 93.64 points or by
0.83%. The major gainers were ICICI Bank (1.86%), Bank Of India
(0.53%), Bank Of Baroda (0.49%), Indusind Bank (0.26%) and Federal
On the other hand, the FMCG index was at 5,320.02, down by 79.4
points or by 1.47%. The major losers were ITC (2.29%), Hindustan
Unilever (0.89%), Colgate-Palmolive (India) (0.56%), United
Breweries (0.41%) and Godrej Consumer Products (0.25%).
Market breadth was positive with 1,453 advances against 1,210
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 469.22 million. It was followed by West Coast Paper
Mills (Rs. 362.62 million), Axis Bank (Rs. 291.75 million) and
United Spirits (Rs. 267.04 million).
The volume chart was led by West Coast Paper Mills with trades
of over 5.52 million shares. It was followed by Cals Refineries
(2.03 million), Kingfisher Airlines (2.02 million) and IFCI (1.93