Sensex ends 82 points down; IT, realty drag - The New Indian Express

Sensex ends 82 points down; IT, realty drag

Published: 13th March 2014 04:18 PM

Last Updated: 13th March 2014 04:18 PM

Indian markets settledin the negativeterrain on Thursday. IT, technology and realty stocks witnessed a fall whereas oil & gas stocks registered a gain.

At the close, the benchmark 30-share index, BSE Sensex declined 81.61 points or 0.37% at 21,774.61 with 13 components registering drop. Meanwhile, the broad based NSE Nifty went down by 23.80 points or 0.37% at 6,493.10 with 27 components posting dro.

Sensex Movers

Sun Pharmaceutical Industries contributed fall of 25.65 points in the Sensex. It was followed by Tata Consultancy Services (13.27 points), D L F (7.51 points), Grasim Industries (4.02 points) and Reliance Communications (3.93 points).

However, H D F C Bank contributed rise of 39.54 points in the Sensex. It was followed by Housing Development Finance Corporation (23.6 points), Oil & Natural Gas Corporation (22.72 points), I T C (18.19 points) and Reliance Industries (17.03 points).

Biggest gainers in the 30-share index were Mahindra & Mahindra (2.40%), Oil & Natural Gas Corporation (2.37%), H D F C Bank (2.30%), Coal India (2.02%), Hero Motocorp (1.82%), and Dr Reddy's Laboratories (1.63%).

On the other hand, Infosys (8.54%), Sun Pharmaceutical Industries (5.03%), Jindal Steel & Power (3.07%), Tata Consultancy Services (1.16%), Maruti Suzuki India (1.01%), and Tata Steel (0.82%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Midcap index was at 6671.54 down by 36.68 points or by 0.55%. The major losers were CORE Education and Technologies (2.87%), A I A Engineering (1.08%), Allahabad Bank (0.91%), Aban Offshore (0.89%) and Alstom India (0.07%).

The BSE Smallcap index was at 6650.19 down by 14.94 points or by 0.22%. The major losers were Action Construction Equipment (4.13%), Trident (2.13%), Styrolution ABS (India) (1.05%), Aarti Industries (0.24%) and Advanta (0.04%).

Sectors in Limelight

The IT index was at 8,975.77, down by 379.61 points or by 4.06%. The major losers were Infosys (8.54%), Hexaware Technologies (3.81%), Mphasis (2.58%), Oracle Financial Services Software (2.24%) and H C L Technologies (0.09%).

The TECk index was at 4,949.07, down by 180.9 points or by 3.53%. The major losers were Dish TV India (3.67%), Mphasis (2.58%), Oracle Financial Services Software (2.24%), D B Corp (1.97%) and Idea Cellular (1.31%).

The Realty index was at 1,373.89, down by 49.36 points or by 3.47%. The major losers were D L F (5.94%), Anant Raj (4.66%), Housing Development and Infrastructure (4.63%), Indiabulls Real Estate (3.85%) and Godrej Properties (2.59%).

On the other hand, the Oil & Gas index was at 9,189.73, up by 131.26 points or by 1.45%. The major gainers were Bharat Petroleum Corporation (7.25%), Hindustan Petroleum Corporation (3.55%), Indian Oil Corporation (3.45%), Oil India (2.62%) and Oil & Natural Gas Corporation (2.37%).

Market Breadth

Market breadth was negative with 1,320 advances against 1,540 declines.

Value and Volume Toppers

Infosys topped the value chart on the BSE with a turnover of Rs. 1,565.24 million. It was followed by State Bank Of India (Rs. 576.54 million), L&T Finance Holdings (Rs. 569.47 million) and Financial Technologies (India) (Rs. 551.92 million).

The volume chart was led by L&T Finance Holdings with trades of over 7.19 million shares. It was followed by Shree Renuka Sugars (3.49 million), Unitech (3.29 million) and Bajaj Hindusthan (3.01 million).

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook