Sensex falls 152 points on weak global cues; BHEL, NTPC drag - The New Indian Express

Sensex falls 152 points on weak global cues; BHEL, NTPC drag

Published: 04th April 2014 03:18 PM

Last Updated: 04th April 2014 03:18 PM

Indian equities continued to trade loweron Friday tracking weakness in Asian stock markets. Auto, capital goods and power stocks witnessed a fall whereas realty stocks registered a gain.

At 2.18 p.m., the Sensex was trading down 152.05 points or 0.68% at 22,357.02 with 25 components falling. Meanwhile, the Nifty was trading lower by 27.00 points or 0.40% at 6,709.10 with 35 components falling.

Sensex Movers

Housing Development Finance Corporation contributed fall of 16.56 points in the Sensex. It was followed by Reliance Industries (16 points), I T C (13.17 points), I C I C I Bank (12.2 points) and Bharti Airtel (10.13 points).

However, Reliance Infrastructure contributed rise of 3.43 points in the Sensex. It was followed by D L F (2.72 points), State Bank Of India (2.28 points), Jaiprakash Associates (2.08 points) and Tata Steel (1.91 points).

Major gainers in the 30-share index were Cipla (1.72%), Tata Steel (0.68%), Coal India (0.52%), State Bank Of India (0.27%), and Hindalco Industries (0.11%).

On the other hand, Bharat Heavy Electricals (2.00%), NTPC (1.95%), Bharti Airtel (1.85%), G A I L (India) (1.54%), Tata Motors (1.33%), and Mahindra & Mahindra (1.22%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.34% and 0.74% respectively. The major gainers in the BSE Midcap were Anant Raj (2.85%), CORE Education and Technologies (1.69%), Alstom India (0.62%), A I A Engineering (0.35%) and A B G Shipyard (0.27%).The major gainers in the BSE Smallcap were Adhunik Metaliks (2.19%), Trident (1.93%), A2Z Maintenance & Engineering Services (1.71%), Action Construction Equipment (1.38%) and Styrolution ABS (India) (0.07%).

Sectors in Limelight

The Auto index was at 13,284.26, down by 129.15 points or by 0.96%. The major losers were Mahindra & Mahindra (1.22%), Bajaj Auto (0.95%), Maruti Suzuki India (0.9%), Exide Industries (0.69%) and Hero Motocorp (0.21%).

The Capital Goods index was at 11,915.23, down by 98.37 points or by 0.82%. The major losers were Bharat Heavy Electricals (2%), Havell'S India (0.97%), Larsen & Toubro (0.78%), A B B India (0.71%) and Alstom T&D India (0.1%).

The Power index was at 1,725.33, down by 12.97 points or by 0.75%. The major losers were Bharat Heavy Electricals (2%), NTPC (1.95%), Power Grid Corporation Of India (1.79%), Siemens (1.73%) and A B B India (0.71%).

On the other hand, the Realty index was at 1,516.73, up by 39.86 points or by 2.70%. The major gainers were Housing Development and Infrastructure (12.38%), Indiabulls Real Estate (5.01%), Anant Raj (2.85%), D L F (2.1%) and Oberoi Realty (2.07%).

Market Breadth

Market breadth was negative with 1,550 advances against 1,168 declines.

Value and Volume Toppers

Ranbaxy Laboratories topped the value chart on the BSE with a turnover of Rs. 907.44 million. It was followed by Wockhardt (Rs. 404.08 million), Housing Development and Infrastructure (Rs. 386.49 million) and Yes Bank (Rs. 359.88 million).

The volume chart was led by CPSE ETF - Growth with trades of over 9.28 million shares. It was followed by Unitech (7.26 million), Housing Development and Infrastructure (5.76 million) and Spicejet (3.94 million).

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