Sensex trades down 38 points; Mid & small-caps outperform
Published: 18th September 2012 03:18 PM
Last Updated: 18th September 2012 03:18 PM
Indian markets continuesto trade flat in afternoon on
Tuesday.BSE Midcap and Smallcap index ouperformed Sensex andNifty.
Oil & gas, metal and consumer durables faced the brunt of
At 1.57 p.m., the Sensex was trading down 38.21 points or 0.21%
at 18,504.10 with 16 components falling. Meanwhile, the Nifty was
trading lower by 8.45 points or 0.15% at 5,601.55 with 27
The 30-share benchmark index, BSE Sensex opened with a decline
of 27.59 points or 0.15% at 18,514.72, while the broad based NSE
Nifty started with a fall of 7.60 points or 0.14%, at 5,602.40.
Reliance Industries contributed fall of 40.96 points in the
Sensex. It was followed by Tata Consultancy Services (24.75
points), Housing Development Finance Corporation (19.36 points),
ICICI Bank (13.69 points) and Wipro (9.99 points).
However, Infosys contributed rise of 24.54 points in the Sensex.
It was followed by ITC (21.26 points), State Bank Of India (16.22
points), Bharat Heavy Electricals (8.11 points) and Bharti Airtel
Major gainers in the 30-share index were Bharat Heavy
Electricals (3.91%), State Bank Of India (2.59%), GAIL (India)
(2.51%), Jindal Steel & Power (2.08%), Bharti Airtel (1.64%),
and Infosys (1.62%).
On the other hand, Wipro (3.53%), Hindalco Industries (2.60%),
Tata Consultancy Services (2.53%), Reliance Industries (2.32%),
NTPC (1.83%), and Housing Development Finance Corporation (1.39%)
were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.82% and 0.68% respectively. The major
gainers in the BSE Midcap were Alok Industries (2.94%), Amtek Auto
(2.55%), Alstom India (1.3%), Aban Offshore (0.84%) and A B G
Shipyard (0.03%).The major gainers in the BSE Smallcap were Trident
(2.4%), Action Construction Equipment (2.35%), Aanjaneya Lifecare
(1.6%), Styrolution ABS (India) (1.57%) and A2Z Maintenance &
Engineering Services (1.54%).
Sectors in Limelight
The PSU index was at 7,321.69, up by 75.17 points or by 1.04%.
The major gainers were Allahabad Bank(7.33%), Andhra Bank (6.09%),
Bank Of India (5.55%), Bank Of Baroda (2.67%) and Balmer Lawrie
& Company (0.09%).
The Power index was at 1,934.45, up by 12.70 points or by 0.66%.
The major gainers were Bharat Heavy Electricals (3.91%), Adani
Power (1.87%), Crompton Greaves (1.78%), Reliance Infrastructure
(1.08%) and ABB (0.3%).
On the other hand, the Oil & Gas index was at 8,775.75, down
by 110.99 points or by 1.25%. The major losers were Cairn India
(3.19%), Oil India (0.8%), Gujarat State Petronet (0.66%), Bharat
Petroleum Corporation (0.65%) and Hindustan Petroleum Corporation
Market breadth was positive with 1,600 advances against 1,186
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 1,266.13 million. It was followed by United Spirits
(Rs. 688.59 million), IFCI (Rs. 395.11 million) and Tech Mahindra
(Rs. 394.88 million).
The volume chart was led by Kingfisher Airlines with trades of
over 14.91 million shares. It was followed by IFCI (12.31 million),
Spicejet (6.94 million) and Lanco Infratech (5.81 million).