Indian equities settled the volatile session loweron Tuesday.
Metal, banking and oil & gas stocks registered a fall whereas
capital goods stocks witnessed a rise.
At the close, the benchmark 30-share index, BSE Sensex lost
68.32 points or 0.32% at 21,032.71 with 19 components posting drop.
Meanwhile, the broad based NSE Nifty fell by 14.95 points or 0.24%
at 6,269.55 with 29 components registering drop.
Housing Development Finance Corporation
contributed fall of 20.08 points in the Sensex. It was followed by
H D F C Bank (19.58 points), Sun Pharmaceutical Industries (8.53
points), Oil & Natural Gas Corporation (7.07 points) and Tata
Power Company (6.53 points).
However, Infosys contributed rise of 7.41 points in the Sensex.
It was followed by Larsen & Toubro (6.92 points), Bharat Heavy
Electricals (3.96 points), Grasim Industries (2.65 points) and I C
I C I Bank (2.53 points).
Major gainers in the 30-share index were Bharat Heavy
Electricals (1.92%), Bajaj Auto (1.91%), Dr Reddy'S Laboratories
(0.99%), Larsen & Toubro (0.66%), NTPC (0.55%), and Infosys
On the other hand, Tata Power Company (3.20%), Wipro (2.10%),
Sun Pharmaceutical Industries (1.73%), Hero Motocorp (1.39%), Cipla
(1.37%), and Housing Development Finance Corporation (1.23%) were
the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.53% and 1.04% respectively. The major
gainers in the BSE Midcap were Aban Offshore (9.76%), CORE
Education and Technologies (4.64%), A B G Shipyard (1.09%), A I A
Engineering (0.62%) and Alstom India (0.43%).The major gainers in
the BSE Smallcap were A2Z Maintenance & Engineering Services
(20%), Adhunik Metaliks (3.24%), Aarti Industries (1.6%), Action
Construction Equipment (0.75%) and Styrolution ABS (India)
Sectors in Limelight
The Metal index was at 9,819.76, down by 108.71 points or by
1.09%. The major losers were Hindustan Zinc (2.37%), Hindalco
Industries (1.21%), Jindal Steel & Power (1.14%), Bhushan Steel
(0.08%) and Coal India (0.05%).
The Bankex index was at 12,937.60, down by 55.86 points or by
0.43%. The major losers were Bank Of Baroda(1.66%), Indusind Bank
(1.63%), Federal Bank (1.62%), H D F C Bank (1.18%) and Kotak
Mahindra Bank (0.51%).
The Oil & Gas index was at 8,807.98, down by 20.37 points or
by 0.23%. The major losers were Oil India (1.44%), G A I L (India)
(1.18%), Oil & Natural Gas Corporation (0.76%), Cairn India
(0.7%) and Petronet LNG (0.2%).
On the other hand, the Capital Goods index was at 10,244.24, up
by 67 points or by 0.66%. The major gainers were BEML (2.65%),
Bharat Electronics (0.87%), A B B India (0.85%), A I A Engineering
(0.62%) and Alstom India (0.43%).
Market breadth was positive with 1,482 advances against 1,047
Value and Volume Toppers
Bajaj Auto topped the value chart on the BSE with a turnover of
Rs. 660.03 million. It was followed by Aban Offshore (Rs. 484.67
million), Apollo Tyres (Rs. 405.85 million) and Aurobindo Pharma
(Rs. 384.15 million).
The volume chart was led by Hindustan Motors with trades of over
9.27 million shares. It was followed by Spicejet (4.68 million),
Apollo Tyres (4.02 million) and Jai Corp (3.72 million).