Sensex ends flat; metal up, oil & gas down - The New Indian Express

Sensex ends flat; metal up, oil & gas down

Published: 21st March 2014 04:18 PM

Last Updated: 21st March 2014 04:18 PM

Indian markets ended the volatile sessionflaton Friday. Metal, realty and consumer durables stocks witnessed a rise whereas oil & gas stocks registered a fall.

At the close, the 30-share benchmark index, BSE Sensex ended flat with a rise of 13.66 points or 0.06% at 21,753.75, 18 components registering rise. Meanwhile, the broad based NSE Nifty climbed by 9.75 points or 0.15% at 6,492.85 with 34 components posting rise.

Sensex Movers

Tata Motors contributed rise of 17.09 points in the Sensex. It was followed by State Bank Of India (12.11 points), I T C (11.49 points), Tata Steel (9.79 points) and Tata Consultancy Services (9.45 points).

However, Reliance Industries contributed fall of 41.07 points in the Sensex. It was followed by Oil & Natural Gas Corporation (25.7 points), Sun Pharmaceutical Industries (8.54 points), NTPC (6.08 points) and Bharti Airtel (5.41 points).

Major gainers in the 30-share index were Tata Steel (3.57%), Hindalco Industries (3.10%), Wipro (3.09%), Tata Motors (2.38%), Tata Power Company (2.11%), and Jindal Steel & Power (1.68%).

On the other hand, Oil & Natural Gas Corporation (2.68%), Reliance Industries (2.20%), Hero Motocorp (1.94%), Sun Pharmaceutical Industries (1.68%), NTPC (1.51%), and Bharti Airtel (1.02%) 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 0.87% respectively. The major gainers in the BSE Midcap were Aban Offshore (4.5%), Alstom India (3.32%), A B G Shipyard (2.72%), A I A Engineering (0.9%) and CORE Education and Technologies (0.24%).The major gainers in the BSE Smallcap were Dr Datsons Labs (3.12%), Styrolution ABS (India) (2.06%), Reliance MediaWorks (1.74%), Aegis Logistics (1.71%) and Adhunik Metaliks (1.22%).

Sectors in Limelight

The Metal index was at 9,205.24, up by 174.10 points or by 1.93%. The major gainers were JSW Steel (3.49%), Hindalco Industries (3.1%), Jindal Steel & Power (1.68%), Coal India (1.13%) and Hindustan Zinc (0.62%).

The Realty index was at 1,370.04, up by 25.04 points or by 1.86%. The major gainers were Housing Development and Infrastructure (5.16%), D L F (2.39%), Anant Raj (1.58%), Godrej Properties (0.88%) and Indiabulls Real Estate (0.1%).

The Consumer Durables index was at 6,227.63, up by 43.07 points or by 0.70%. The major gainers were Symphony (6.01%), Whirlpool Of India (2.2%), Bajaj Electricals (1.87%), Blue Star (1.83%) and Rajesh Exports (0.07%).

On the other hand, the Oil & Gas index was at 9,054.86, down by 173.2 points or by 1.88%. The major losers were Indian Oil Corporation (4.09%), Hindustan Petroleum Corporation (2.61%), Bharat Petroleum Corporation (0.85%), Oil India (0.81%) and Castrol India (0.45%).

Market Breadth

Market breadth was negative with 1,633 advances against 1,267 declines.

Value and Volume Toppers

Axis Bank topped the value chart on the BSE with a turnover of Rs. 73,407.79 million. It was followed by Dewan Housing Finance Corporation (Rs. 3,771.20 million), Tata Consultancy Services (Rs. 725.65 million) and I C I C I Bank (Rs. 628.72 million).

The volume chart was led by Axis Bank with trades of over 52.68 million shares. It was followed by Dewan Housing Finance Corporation (17.26 million), Unitech (5.30 million) and Alok Industries (4.41 million).

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