Indian markets settled marginally higher on Thursday ahead of Federal Reserve policy meeting that may include an announcement of further stimulus measures. FMCG and PSU stocks led the rise while mid and small-caps underperformed the benchmark indices.At the close, the benchmark 30-share index, BSE Sensex gained 21.13 or 0.12% at 18,021.16 with 19 components posting rise. while the broad based NSE Nifty closed flat with a gain of 4.35 points or 0.08%, at 5,435.35.23 components posting rise.
Sensex Movers
ICICI Bank contributed rise of 13.28
points in the Sensex. It was followed by Infosys (8.66 points), Oil
& Natural Gas Corporation (8.23 points), Hindustan Unilever
(8.22 points) and Larsen & Toubro (6.02 points).
However, Bharti Airtel contributed fall of 11.57 points in the Sensex. It was followed by Housing Development Finance Corporation (9.38 points), Tata Motors (7.87 points), Mahindra & Mahindra (4.01 points) and H D F C Bank (2.67 points).
Biggest gainers in the 30-share index were Hero Motocorp (1.87%), Bharat Heavy Electricals (1.57%), Hindustan Unilever (1.18%), Oil & Natural Gas Corporation (1.16%), Bajaj Auto (1.15%), and I C I C I Bank (1.02%).
On the other hand, Bharti Airtel (2.85%), Cipla (2.44%), Tata Motors (1.41%), Jindal Steel & Power (1.27%), Mahindra & Mahindra (0.95%), and Sterlite Industries (India) (0.94%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining 0.18% and 0.25% respectively.The major losers in the BSE Midcap were Alok Industries (4.78%), Alstom India (1.65%), Aban Offshore (1.35%), Allcargo Logistics (1.14%) and CORE Education and Technologies (0.8%).The major losers in the BSE Smallcap were Action Construction Equipment (3.12%), Styrolution ABS (India) (2.69%), A B G Infralogistics (2.56%), Aanjaneya Lifecare (2.24%) and A2Z Maintenance & Engineering Services (1.74%).
Sectors in Limelight
The FMCG index was at 5,433.46, up by 31.16 points or by 0.58%. The major gainers were United Breweries (12.07%), Hindustan Unilever (1.18%), Colgate-Palmolive (India) (1.17%), Godrej Consumer Products (0.27%) and I T C (0.22%).
The PSU index was at 7,110.03, up by 38.58 points or by 0.55%. The major gainers were Container Corporation Of India (2.55%), Bharat Petroleum Corporation (1.9%), Bharat Heavy Electricals (1.57%), Coal India (0.94%) and Corporation Bank (0.05%).
On the other hand, the HC index was at 7,616.41, down by 88.93 points or by 1.15%. The major losers were Biocon (2.96%), Cipla (2.44%), Cadila Healthcare (1.92%), Divis Laboratories (1.73%) and Aurobindo Pharma (0.73%).
Market Breadth
Market breadth was negative with 1,274 advances against 1,637 declines.
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover of Rs. 1,003.91 million. It was followed by IRB Infrastructure Developers (Rs. 890.88 million), United Breweries (Rs. 509.77 million) and Spicejet (Rs. 383.41 million).
The volume chart was led by Spicejet with trades of over 11.60 million shares. It was followed by Kingfisher Airlines (7.60 million), IRB Infrastructure Developers (7.24 million) and TV18 Broadcast (6.03 million).
Post a Comment