Indian equities remained lower in noon trade on Thursday.
Banking and metal stocks witnessed a fall.
At 12.27 p.m., the Sensex was trading down 104.88 points or
0.51% at 20,618.09 with 24 components falling. Meanwhile, the Nifty
was trading lower by 38.60 points or 0.63% at 6,114.15 with 42
I C I C I Bank contributed fall of
31.37 points in the Sensex. It was followed by H D F C Bank (14.58
points), Infosys (14.5 points), State Bank Of India (11.73 points)
and Housing Development Finance Corporation (11.15 points).
However, Tata Consultancy Services contributed rise of 7.63
points in the Sensex. It was followed by Tata Power Company (3.99
points), Jaiprakash Associates (2.97 points), D L F (1.34 points)
and Bharat Heavy Electricals (1.01 points).
Biggest gainers in the 30-share index were Tata Power Company
(1.99%), Bajaj Auto (1.52%), Dr Reddy'S Laboratories (0.92%), Tata
Consultancy Services (0.71%), Bharat Heavy Electricals (0.50%), and
On the other hand, I C I C I Bank (1.91%), Tata Steel (1.71%),
Bharti Airtel (1.70%), State Bank Of India (1.50%), Infosys
(1.02%), and H D F C Bank (0.90%) were the major losers in the
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts declining-0.00% and -0.04% respectively.The major
losers in the BSE Midcap were A B G Shipyard (4.94%), CORE
Education and Technologies (3.37%), A I A Engineering (1.31%), Aban
Offshore (1.19%) and Alstom India (0.55%).The major losers in the
BSE Smallcap were A2Z Maintenance & Engineering Services
(2.1%), Wagend Infra Venture (1.95%), Ahlcon Parenterals (India)
(1.86%), Reliance MediaWorks (0.56%) and Styrolution ABS (India)
Sectors in Limelight
The Bankex index was at 11,925.53, down by 183.86 points or by
1.52%. The major losers were Bank Of Baroda(3.4%), Bank Of India
(2.54%), Federal Bank (2.02%), Canara Bank (1.85%) and H D F C Bank
The Metal index was at 8,911.08, down by 74.1 points or by
0.82%. The major losers were Hindalco Industries (0.86%), JSW Steel
(0.64%), Bhushan Steel (0.6%), Coal India (0.43%) and Jindal Steel
& Power (0.12%).
Market breadth was negative with 1,003 advances against 1,289
Value and Volume Toppers
Multi Commodity Exchange of India topped the value chart on the
BSE with a turnover of Rs. 345.53 million. It was followed by
United Spirits (Rs. 301.17 million), Maruti Suzuki India (Rs.
298.60 million) and Tata Sponge Iron (Rs. 232.72 million).
The volume chart was led by Shree Renuka Sugars with trades of
over 1.84 million shares. It was followed by Idea Cellular (1.76
million), Jaiprakash Associates (1.70 million) and Unitech (1.25