Sensex ends 47 points lower; bankex drag 1.3% - The New Indian Express

Sensex ends 47 points lower; bankex drag 1.3%

Published: 17th December 2013 04:18 PM

Last Updated: 17th December 2013 04:18 PM

Indian markets settledlower on Tuesday ahead of the Reserve Bank of India (RBI) policy meeting tomorrow. Banking stocks witnessed a fall whereas healthcare, consumer durables and FMCG stocks registered a rise.

At the close, the benchmark 30-share index, BSE Sensex lost 47.38 points or 0.23% at 20,612.14 with 15 components registering drop. Meanwhile, the broad based NSE Nifty fell by 15.65 points or 0.25% at 6,139.05 with 26 components posting drop.

Sensex Movers

H D F C Bank contributed fall of 57.65 points in the Sensex. It was followed by Housing Development Finance Corporation (40.57 points), Reliance Industries (11.4 points), NTPC (8.15 points) and Oil & Natural Gas Corporation (6.41 points).

However, Bharti Airtel contributed rise of 21.55 points in the Sensex. It was followed by I T C (17.33 points), Tata Consultancy Services (15.45 points), Sun Pharmaceutical Industries (10.39 points) and Larsen & Toubro (5.08 points).

Major gainers in the 30-share index were Bharti Airtel (4.27%), Cipla (2.82%), Sun Pharmaceutical Industries (2.15%), Tata Consultancy Services (1.43%), Dr Reddy's Laboratories (1.02%), and I T C (0.78%).

On the other hand, H D F C Bank (3.55%), Coal India (2.89%), Housing Development Finance Corporation (2.53%), NTPC (2.14%), Bajaj Auto (1.95%), and Wipro (1.18%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts declining-0.03% and -0.04% respectively.The major losers in the BSE Midcap were Allahabad Bank(2.8%), Alstom India (2.53%), CORE Education and Technologies (1.39%), A I A Engineering (0.74%) and A B G Shipyard (0.32%).The major losers in the BSE Smallcap were Dr Datsons Labs (3.11%), A2Z Maintenance & Engineering Services (2.74%), Action Construction Equipment (1.17%), Styrolution ABS (India) (0.96%) and Trident (0.6%).

Sectors in Limelight

The HC index was at 9,630.30, up by 143.42 points or by 1.51%. The major gainers were Divis Laboratories (3.68%), Cipla (2.82%), Aurobindo Pharma (1.68%), Dr Reddy'S Laboratories (1.02%) and Biocon (0.9%).

The Consumer Durables index was at 5,748.53, up by 59.14 points or by 1.04%. The major gainers were Whirlpool Of India (5.38%), Titan Company (2.07%) and V I P Industries (0.45%).

The FMCG index was at 6,418.22, up by 48.71 points or by 0.76%. The major gainers were United Spirits (2.56%), Godrej Consumer Products (1.34%), I T C (0.78%), Colgate-Palmolive (India) (0.28%) and Hindustan Unilever (0.03%).

On the other hand, the Bankex index was at 12,797.18, down by 165.76 points or by 1.28%. The major losers were H D F C Bank (3.55%), Canara Bank (2.25%), Bank Of Baroda (1.27%), Bank Of India (0.51%) and Indusind Bank (0.34%).

Market Breadth

Market breadth was negative with 1,191 advances against 1,323 declines.

Value and Volume Toppers

Glenmark Pharmaceutical topped the value chart on the BSE with a turnover of Rs. 1,155.97 million. It was followed by Wockhardt (Rs. 780.15 million), Aurobindo Pharma (Rs. 676.46 million) and State Bank Of India (Rs. 521.86 million).

The volume chart was led by Apollo Tyres with trades of over 4.88 million shares. It was followed by Kotak FMP Series 50 - Growth (3.25 million), Unitech (3.17 million) and Spicejet (2.20 million).

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