Markets trade flat in special trade - The New Indian Express

Markets trade flat in special trade

Published: 22nd March 2014 01:18 PM

Last Updated: 22nd March 2014 01:18 PM

Indian stock markets were trading flat with negative biasin the special 90-minute trading session today on the BSE and NSE for testing of new software. Healthcare and auto stocks traded lower.

At 12.25 p.m., the Sensex was trading down 4.04 points or 0.02% at 21,749.71 with 13 components falling. Meanwhile, the Nifty was trading higher by 1.45 points or 0.02% at 6,494.65 with 32 components gaining.

The 30-share benchmark index, BSE Sensex opened flat with a decline of 1.31 points or 0.01% at 21,752.44, while the broad based NSE Nifty began flat with a gain of 4.60 points or 0.07%, at 6,497.80.

Sensex Movers

Reliance Industries contributed fall of 37.25 points in the Sensex. It was followed by Oil & Natural Gas Corporation (23.41 points), Housing Development Finance Corporation (11.97 points), NTPC (4.69 points) and Sun Pharmaceutical Industries (4.61 points).

However, Tata Motors contributed rise of 16.24 points in the Sensex. It was followed by State Bank Of India (11.03 points), Tata Consultancy Services (10.89 points), Wipro (9.98 points) and Tata Steel (8.93 points).

Biggest gainers in the 30-share index were Wipro (3.28%), Tata Steel (3.26%), Tata Motors (2.26%), Jindal Steel & Power (2.12%), Tata Power Company (2.11%), and Hindalco Industries (1.63%).

On the other hand, Oil & Natural Gas Corporation (2.44%), Reliance Industries (2%), Hero Motocorp (1.51%), NTPC (1.17%), Sun Pharmaceutical Industries (0.91%), and Housing Development Finance Corporation (0.71%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.38% and 0.67% respectively. The major gainers in the BSE Midcap were Aban Offshore (8.75%), CORE Education and Technologies (5.19%), Alstom India (3.58%), A B G Shipyard (2.1%) and A I A Engineering (1.46%).The major gainers in the BSE Smallcap were Adhunik Metaliks (5.72%), Styrolution ABS (India) (4.58%), Advanta (3.13%), Aegis Logistics (3.1%) and Reliance MediaWorks (1.92%).

Sectors in Limelight

The HC index was at 10,307.23, up by 49.02 points or by 0.48%. The major gainers were Apollo Hospitals Enterprise (3.56%), Glenmark Pharmaceutical (2.63%), Cipla (1.38%), Biocon (0.44%) and Divis Laboratories (0.22%).

The Auto index was at 12,777.35, up by 51.72 points or by 0.41%. The major gainers were Bosch (6.83%), Ashok Leyland (4.52%), Maruti Suzuki India (0.74%), Bharat Forge (0.37%) and Bajaj Auto (0.37%).

The Oil & Gas index was at 9,078.15, up by 23.29 points or by 0.26%. The major gainers were G A I L (India) (0.91%), Oil India (0.49%) and Castrol India (0.05%).

On the other hand, the Metal index was at 9,177.08, down by 28.16 points or by 0.31%. The major losers were NMDC (1.63%) and Bhushan Steel (0.83%).

Market Breadth

Market breadth was positive with 1,258 advances against 808 declines.

Value and Volume Toppers

Aban Offshore topped the value chart on the BSE with a turnover of Rs. 198.69 million. It was followed by Ceat (Rs. 141.53 million), Monnet Ispat and Energy (Rs. 104.31 million) and B F Utilities (Rs. 103.77 million).

The volume chart was led by Ybrant Digital with trades of over 1.72 million shares. It was followed by Monnet Ispat and Energy (1.13 million), Unno Industries (1.05 million) and Avance Technologies (0.80 million).

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