Sensex trades higher; Oil & Gas, Capital Goods lead
13th September 2012 11:18 AM
Indian equitiesgained marginally in early tradeon Thursday. At 10.25 am, the Sensex was trading up 31.39 points or 0.17% at 18,031.42 with 15 components gaining. Meanwhile, the Nifty was trading higher by 8.75 points or 0.16% at 5,439.75 with 25 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 23.92 points or 0.13% at 18,023.95, while the broad based NSE Nifty began flat with a gain of 4.20 points or 0.08%, at 5,435.20.
Reliance Industries contributed rise of 21.83 points in the Sensex. It was followed by I C I C I Bank (15.69 points), Oil & Natural Gas Corporation (10.13 points), Larsen & Toubro (9.66 points) and Hindustan Unilever (4.53 points).
However, Housing Development Finance Corporation contributed fall of 15.55 points in the Sensex. It was followed by Bharti Airtel (6.91 points), H D F C Bank (3.12 points), Tata Motors (2.77 points) and Sun Pharmaceutical Industries (2.63 points).
Major gainers in the 30-share index were Bharat Heavy Electricals (1.95%), Hero Motocorp (1.92%), Oil & Natural Gas Corporation (1.43%), Bajaj Auto (1.41%), Reliance Industries (1.29%), and I C I C I Bank (1.21%).
On the other hand, Bharti Airtel (1.70%), Cipla (1.69%), Jindal Steel & Power (1.23%), Housing Development Finance Corporation (1.18%), Sun Pharmaceutical Industries (0.79%), and Sterlite Industries (India) (0.63%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.34% and 0.41% respectively. The major gainers in the BSE Midcap were Aban Offshore (1.13%), A B G Shipyard (0.69%), Amtek Auto (0.34%), Andhra Bank (0.22%) and Amara Raja Batteries (0.03%).The major gainers in the BSE Smallcap were A2Z Maintenance & Engineering Services (2.07%), Aegis Logistics (1.07%), Reliance MediaWorks (1.01%), Aarti Industries (0.5%) and Advanta India (0.38%).
Sectors in Limelight
The Oil & Gas index was at 8,531.86, up by 95.53 points or by 1.13%. The major gainers were Hindustan Petroleum Corporation (1.14%), Bharat Petroleum Corporation (1.06%), Indian Oil Corporation (0.99%), G A I L (India) (0.79%) and Gujarat State Petronet (0.51%).
The Capital Goods index was at 9,747.64, up by 84.28 points or by 0.87%. The major gainers were Bharat Heavy Electricals (1.95%), Havell"S India (1%), Lakshmi Machine Works (0.9%), Bharat Electronics (0.67%) and A B B (0.07%).
The PSU index was at 7,126.51, up by 55.06 points or by 0.78%. The major gainers were Bank Of India(0.89%), Bharat Electronics (0.67%), Allahabad Bank (0.66%), Andhra Bank (0.22%) and Bank Of Baroda (0.15%).
On the other hand, the HC index was at 7,652.63, down by 52.71 points or by 0.68%. The major losers were Cipla (1.69%), Biocon (0.97%), Cadila Healthcare (0.93%), Aurobindo Pharma (0.35%) and Apollo Hospitals Enterprise (0.2%).
Market breadth was positive with 1,136 advances against 856 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 238.38 million. It was followed by Oracle Financial Services Software (Rs. 161.92 million), State Bank Of India (Rs. 106.47 million) and Jindal Steel & Power (Rs. 104.28 million).
The volume chart was led by TV18 Broadcast with trades of over 2.33 million shares. It was followed by Spicejet (2.11 million), Deccan Chronicle Holdings (1.52 million) and Cals Refineries (1.49 million).
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