Sensex ends 106 points higher; healthcare, capital goods, banks rise - The New Indian Express

Sensex ends 106 points higher; healthcare, capital goods, banks rise

Published: 02nd December 2013 04:18 PM

Last Updated: 02nd December 2013 04:18 PM

Indian markets settled on a positive note on Monday led by gains in healthcare, capital goods and banking stockswhereas oil & gas stocks registered a fall.

At the close, the benchmark 30-share index, BSE Sensex gained 106.08 points or 0.51% at 20,898.01 with 21 components registering rise. Meanwhile, the broad based NSE Nifty went up by 42.20 points or 0.68% at 6,218.30 with 37 components registering rise.Sensex Movers

I C I C I Bank contributed rise of 32.79 points in the Sensex. It was followed by Larsen & Toubro (23.33 points), Sun Pharmaceutical Industries (20 points), I T C (8.41 points) and Bharti Airtel (7.98 points).

However, Oil & Natural Gas Corporation contributed fall of 14.2 points in the Sensex. It was followed by Hindustan Unilever (12.68 points), Infosys (6.47 points), Maruti Suzuki India (2.72 points) and Hindalco Industries (1.11 points).

Biggest gainers in the 30-share index were Sun Pharmaceutical Industries (4.09%), Jindal Steel & Power (4.01%), Wipro (2.24%), Larsen & Toubro (2.22%), Bharat Heavy Electricals (2.05%), and I C I C I Bank (1.97%).

On the other hand, Hindustan Unilever (1.88%), Oil & Natural Gas Corporation (1.54%), G A I L (India) (1.42%), Maruti Suzuki India (0.96%), Hindalco Industries (0.69%), and Bajaj Auto (0.50%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.81% and 1.09% respectively. The major gainers in the BSE Midcap were A I A Engineering (3.62%), Allahabad Bank (1.31%), Alstom India (1.06%), A B G Shipyard (0.28%) and Amara Raja Batteries (0.05%).The major gainers in the BSE Smallcap were Action Construction Equipment (4.49%), Dr Datsons Labs (2.56%), Aarti Industries (1.14%), Trident (0.94%) and Adhunik Metaliks (0.19%).

Sectors in Limelight

The HC index was at 9,691.08, up by 190.22 points or by 2%. The major gainers were Aurobindo Pharma (3.54%), Divis Laboratories (0.66%), Apollo Hospitals Enterprise (0.54%), Cipla (0.13%) and Cadila Healthcare (0.12%).

The Capital Goods index was at 9,974.42, up by 157.61 points or by 1.61%. The major gainers were BEML (7%), A I A Engineering (3.62%), Alstom India (1.06%), Bharat Electronics (0.14%) and A B B India (0.01%).

The Bankex index was at 12,878.19, up by 147.89 points or by 1.16%. The major gainers were I C I C I Bank (1.97%), Bank Of Baroda (1.08%), Bank Of India (0.87%), Federal Bank (0.63%) and H D F C Bank (0.2%).

On the other hand, the Oil & Gas index was at 8,618.11, down by 32.57 points or by 0.38%. The major losers were Oil India (3.82%), Oil & Natural Gas Corporation (1.54%), G A I L (India) (1.42%) and Cairn India (1.03%).

Market Breadth

Market breadth was positive with 1,478 advances against 1,063 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 554.75 million. It was followed by Tata Steel (Rs. 530.58 million), Ranbaxy Laboratories (Rs. 487.13 million) and I C I C I Bank (Rs. 314.52 million).

The volume chart was led by Unitech with trades of over 5.51 million shares. It was followed by South Indian Bank , The (2.95 million), Spicejet (2.63 million) and Parikh Herbals (2.47 million).

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