Sensex down 130 points; Banks, capital goods, IT fall - The New Indian Express

Sensex down 130 points; Banks, capital goods, IT fall

Published: 14th March 2014 03:18 PM

Last Updated: 14th March 2014 03:18 PM

Indian equities remained lower in thepost noon tradeon Friday. Banking, capital goods and IT stocks witnessed a fall whereas healthcare stocks declined.

At 2.30 p.m., the Sensex was trading down 130.12 points or 0.60% at 21,644.49 with 17 components falling. Meanwhile, the Nifty was trading lower by 44.50 points or 0.69% at 6,448.60 with 30 components falling.

Sensex Movers

I C I C I Bank contributed fall of 39.13 points in the Sensex. It was followed by H D F C Bank (33.82 points), Housing Development Finance Corporation (19.93 points), Larsen & Toubro (14.5 points) and Bharti Airtel (14.45 points).

However, Infosys contributed rise of 10.19 points in the Sensex. It was followed by Sun Pharmaceutical Industries (5.47 points), Tata Motors (3.31 points), D L F (3.09 points) and I T C (2.71 points).

Major gainers in the 30-share index were Dr Reddy's Laboratories (1.31%), Sun Pharmaceutical Industries (1.08%), Cipla (1.01%), Tata Steel (0.82%), Infosys (0.68%), and G A I L (India) (0.65%).

On the other hand, Bharti Airtel (2.73%), Wipro (2.64%), I C I C I Bank (2.27%), H D F C Bank (1.98%), Larsen & Toubro (1.33%), and Housing Development Finance Corporation (1.18%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Midcap index was at 6629.01 down by 42.53 points or by 0.64%.The major losers were Aban Offshore (2.26%), CORE Education and Technologies (2.04%), Alstom India (1.7%), Allahabad Bank (1.29%) and Allcargo Logistics (0.65%).

The BSE Smallcap index was at 6600.8 down by 49.39 points or by 0.74%. The major losers were Dr Datsons Labs (2.67%), A2Z Maintenance & Engineering Services (1.81%), Aarti Industries (1.6%), Trident (1.29%) and Reliance MediaWorks (0.35%).

Sectors in Limelight

The Bankex index was at 13,591.79, down by 258.06 points or by 1.86%. The major losers were I C I C I Bank (2.27%), H D F C Bank (1.98%), Canara Bank (1.37%), Bank Of India (1.31%) and Federal Bank (1.26%).

The Capital Goods index was at 11,273.08, down by 126.21 points or by 1.11%. The major losers were BEML (1.77%), Alstom India (1.7%), A B B India (1.69%), Bharat Electronics (0.4%) and Bharat Heavy Electricals (0.08%).

On the other hand, the HC index was at 10,184.95, up by 70.12 points or by 0.69%. The major gainers were Aurobindo Pharma (4.01%), Cipla (1.26%), Cadila Healthcare (0.51%), Apollo Hospitals Enterprise (0.4%) and Biocon (0.3%).

Market Breadth

Market breadth was negative with 995 advances against 1,673 declines.

Value and Volume Toppers

Housing Development Finance Corporation topped the value chart on the BSE with a turnover of Rs. 582.67 million. It was followed by Multi Commodity Exchange of India (Rs. 323.71 million), L&T Finance Holdings (Rs. 296.44 million) and Tata Steel (Rs. 258.39 million).

The volume chart was led by Karuturi Global with trades of over 11.03 million shares. It was followed by Empower India (7.17 million), Cals Refineries (4.33 million) and L&T Finance Holdings (3.97 million).

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