Sensex ends 46 points lower; RIL, TCS, ICICI Bank drag
Published: 18th September 2012 04:18 PM
Last Updated: 18th September 2012 04:18 PM
Indian equities endedmarginally lower on Tuesdayledby oil &
gas, healthcare and IT stocks. At the close, the benchmark 30-share
index, BSE Sensex declined 46.30 points or 0.25% at 18,496.01 with
17 components posting drop. Meanwhile, the broad based NSE Nifty
went down by 9.95 pointsor 0.18% at 5,600.05 with 26 components
Reliance Industries contributed fall of 37.3 points in the
Sensex. It was followed by Tata Consultancy Services (29.55
points), ICICI Bank (15.1 points), Wipro (10.72 points) and Tata
Motors (7.84 points).
However, State Bank of India contributed rise of 22.43 points in
the Sensex. It was followed by Infosys (21.93 points), Bharat Heavy
Electricals (11.26 points), Reliance Communications (6.32 points)
and Bharti Airtel (5.06 points).
Major gainers in the 30-share index were Bharat Heavy
Electricals (5.44%), State Bank Of India (3.59%), Jindal Steel
& Power (2.64%), GAIL (India) (2.54%), Infosys (1.45%), and
Bharti Airtel (1.27%).
On the other hand, Wipro (3.79%), Tata Consultancy Services
(3.02%), Hindalco Industries (2.13%), Reliance Industries (2.11%),
NTPC (1.51%), and Tata Motors (1.30%) were the biggest losers in
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.88% and 0.73% respectively. The major
gainers in the BSE Midcap were Allcargo Logistics (3.55%), Alok
Industries (2.6%), AIA Engineering (2.11%), Alstom India (1.55%)
and ABG Shipyard (0.09%).The major gainers in the BSE Smallcap were
ABG Infralogistics (4.18%), Trident (3.55%), Styrolution ABS
(India) (2.92%), Aanjaneya Lifecare (2.36%) and A2Z Maintenance
& Engineering Services (1.62%).
Sectors in Limelight
The PSU index was at 7,360.95, up by 114.43 points or by 1.58%.
The major gainers were Allahabad Bank(6.8%), Andhra Bank (6.4%),
Bank Of India (5.39%), Bank Of Baroda (2.73%) and Balmer Lawrie
& Company (1.14%).
The Capital Goods index was at 10,512.08, up by 93.78 points or
by 0.90%. The major gainers were Bharat Heavy Electricals (5.44%),
AIA Engineering (2.11%), BEML (1.55%), Alstom India (1.55%) and
Bharat Electronics (0.65%).
The Power index was at 1,938.70, up by 16.95 points or by 0.88%.
The major gainers were Bharat Heavy Electricals (5.44%), Adani
Power (1.54%), Crompton Greaves (1.52%), Reliance Infrastructure
(0.68%) and GMR Infrastructure (0.63%).
On the other hand, the Oil & Gas index was at 8,786.13, down
by 100.61 points or by 1.13%. The major losers were Cairn India
(3.43%), Gujarat State Petronet (0.73%), Bharat Petroleum
Corporation (0.46%), Hindustan Petroleum Corporation (0.38%) and
Oil India (0.18%).
Market breadth was positive with 1,725 advances against 1,232
Value and Volume Toppers
State Bank of India topped the value chart on the BSE with a
turnover of Rs. 1,885.21 million. It was followed by United Spirits
(Rs. 905.36 million), ICICI Bank (Rs. 627.13 million) and Larsen
& Toubro (Rs. 538.89 million).
The volume chart was led by Kingfisher Airlines with trades of
over 17.80 million shares. It was followed by IFCI (15.11 million),
Spicejet (9.41 million) and Lanco Infratech (9.35 million).