Sensex flat in early trade; JSPL, BHEL, Wipro drop
Published: 10th September 2012 11:18 AM
Last Updated: 10th September 2012 11:18 AM
Indian markets were flat in early trade on Monday ahead of
industrial production data. At 10.26 am, the Sensex was trading up
12.19 points or 0.07% at 17,761.84 with 18 components gaining.
Meanwhile, the Nifty was trading higher by 4.10 points or 0.08% at
5,362.80 with 32 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
31.28 points or 0.18% at 17,780.93, while the broad based NSE Nifty
began flat with a gain of 3.20 points or 0.06%, at 5,361.90.
Housing Development Finance Corporation
contributed rise of 12.74 points in the Sensex. It was followed by
Infosys (8.42 points), Bharti Airtel (5.32 points), H D F C Bank
(4.79 points) and Tata Steel (3.97 points).
However, I C I C I Bank contributed fall of 6.9 points in the
Sensex. It was followed by Hindustan Unilever (6.23 points), State
Bank Of India (5.48 points), Reliance Industries (5.09 points) and
Tata Consultancy Services (4.85 points).
Biggest gainers in the 30-share index were Hindalco Industries
(1.82%), Coal India (1.37%), Bharti Airtel (1.36%), Tata Steel
(1.34%), Hero Motocorp (1.12%), and Bajaj Auto (1.05%).
On the other hand, Jindal Steel & Power (2.29%), Bharat
Heavy Electricals (1.46%), Wipro (1.10%), Hindustan Unilever
(0.93%), State Bank Of India (0.92%), and I C I C I Bank (0.55%)
were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.42% and 0.51% respectively. The major
gainers in the BSE Midcap were Alstom India (0.43%), Allcargo
Logistics (0.41%), Amtek Auto (0.39%), CORE Education and
Technologies (0.3%) and Amara Raja Batteries (0.05%).The major
gainers in the BSE Smallcap were Action Construction Equipment
(19.79%), Styrolution ABS (India) (1.13%), Aarti Industries
(0.33%), Aanjaneya Lifecare (0.32%) and A2Z Maintenance &
Engineering Services (0.25%).
Sectors in Limelight
The IPO index was at 1,507.23, up by 13.85 points or by 0.93%.
The major gainers were Commercial Engineers and Body Builders
Company (4%), Bedmutha Industries (3.49%), Bajaj Corp (1.54%), Coal
India (1.37%) and BS TransComm (0.12%).
The HC index was at 7,710.68, up by 68.55 points or by 0.90%.
The major gainers were Aurobindo Pharma (3.32%), Cadila Healthcare
(1.38%), Biocon (0.8%), Cipla (0.73%) and Apollo Hospitals
The Metal index was at 9,908.20, up by 71.05 points or by 0.72%.
The major gainers were NMDC (2.74%), Hindalco Industries (1.82%),
Coal India (1.37%), Hindustan Zinc (0.76%) and JSW Steel
On the other hand, the Capital Goods index was at 9,508.51, down
by 32.53 points or by 0.34%. The major losers were Bharat Heavy
Electricals (1.46%), Alstom T&D India (0.36%), A I A
Engineering (0.34%), Larsen & Toubro (0.33%) and Crompton
Market breadth was positive with 1,265 advances against 834
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 238.41 million. It was followed by State Bank Of India (Rs.
176.83 million), Vadilal Industries (Rs. 100.56 million) and
Infosys (Rs. 99.55 million).
The volume chart was led by Kingfisher Airlines with trades of
over 1.36 million shares. It was followed by Cals Refineries (1.19
million), Deccan Chronicle Holdings (0.96 million) and D C W (0.62