Sensex, Nifty up over 0.2%; Mid and Small-caps outperform
Published: 10th September 2012 02:18 PM
Last Updated: 10th September 2012 02:18 PM
Indian markets continue to trade marginally higher on Monday led
metal, healthcare and consumer durables stocks. BSE Midcap and
Smallcapindex outperformed both the Sensex and Nifty.
At 12.50 p.m., the Sensex was trading up 42.72 points or 0.24%
at 17,792.37 with 19 components gaining. Meanwhile, the Nifty was
trading higher by 11.25 points or 0.21% at 5,369.95 with 30
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
15.57 points in the Sensex. It was followed by Larsen & Toubro
(8.48 points), Bharti Airtel (8.34 points), Sun Pharmaceutical
Industries (8.21 points) and ITC (8.06 points).
However, ICICI Bank contributed fall of 7.32 points in the
Sensex. It was followed by Tata Consultancy Services (6.27 points),
State Bank Of India (5.8 points), Reliance Industries (5.41 points)
and Bharat Heavy Electricals (4.96 points).
Major gainers in the 30-share index were Sun Pharmaceutical
Industries (2.45%), Bharti Airtel (2.12%), Tata Steel (2.11%), Coal
India (1.78%), Hindalco Industries (1.73%), and Bajaj Auto
On the other hand, Bharat Heavy Electricals (2.25%), Jindal
Steel & Power (2.19%), Wipro (1.08%), State Bank Of India
(0.97%), Tata Power Company (0.88%), and Cipla (0.70%) were the
major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.51% and 0.77% respectively. The major
gainers in the BSE Midcap were Aban Offshore (2.63%), Delta Corp
(0.74%), Alstom India (0.43%), CORE Education and Technologies
(0.33%) and Ashok Leyland (0.24%).The major gainers in the BSE
Smallcap were Action Construction Equipment (19.79%), Adhunik
Metaliks (6.96%), A2Z Maintenance & Engineering Services
(4.56%), Aarti Industries (3.23%) and Trident (1.62%).
Sectors in Limelight
The Metal index was at 9,941.24, up by 104.09 points or by
1.06%. The major gainers were NMDC (2.48%), Coal India (1.78%),
Hindalco Industries (1.73%), JSW Steel (1.3%) and Hindustan Zinc
The HC index was at 7,715.87, up by 73.74 points or by 0.96%.
The major gainers were Aurobindo Pharma (2.19%), Cadila Healthcare
(1.39%), Biocon (0.58%), Divis Laboratories (0.37%) and Dr Reddy"S
On the other hand, the Bankex index was at 11,612.92, down by
33.53 points or by 0.29%. The major losers were I C I C I Bank
(0.58%), Federal Bank (0.49%), Indusind Bank (0.3%), Bank Of India
(0.17%) and Bank Of Baroda (0.03%).
Market breadth was positive with 1,468 advances against 1,121
Value and Volume Toppers
EIH topped the value chart on the BSE with a turnover of Rs.
461.05 million. It was followed by United Spirits (Rs. 319.92
million), State Bank Of India (Rs. 297.55 million) and Tata Steel
(Rs. 205.25 million).
The volume chart was led by E I H with trades of over 5.95
million shares. It was followed by Cals Refineries (3.72 million),
Spicejet (2.37 million) and Kingfisher Airlines (2.09 million).