Indian equities are trading lower on Wednesday amid weak Asian
cues. Realty, FMCG and capital goods witnessed a fall whereas metal
stocks registered a rise.
At 2.16 p.m., the Sensex was trading down 76.16 points or 0.37%
at 20,778.76 with 20 components falling. Meanwhile, the Nifty was
trading lower by 12.90 points or 0.21% at 6,188.95 with 35
I C I C I Bank contributed fall of
32.98 points in the Sensex. It was followed by I T C (22.37
points), Larsen & Toubro (15.53 points), Tata Motors (9.27
points) and Oil & Natural Gas Corporation (7.68 points).
However, Infosys contributed rise of 9.23 points in the Sensex.
It was followed by Wipro (6.85 points), Tata Power Company (4.41
points), Bharti Airtel (3 points) and Tata Steel (2.69 points).
Biggest gainers in the 30-share index were Wipro (2.35%), Tata
Power Company (2.19%), Jindal Steel & Power (1.27%), Tata Steel
(1.03%), Bharat Heavy Electricals (1.01%), and Infosys (0.64%).
On the other hand, I C I C I Bank (1.99%), Hindalco Industries
(1.66%), Larsen & Toubro (1.49%), Tata Motors (1.35%),
Hindustan Unilever (1.13%), and G A I L (India) (1.03%) were the
biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 6369.14 down by 22.38 points or by
0.35%. The major losers were Aban Offshore (3.01%), Allahabad Bank
(1.64%), Alstom India (1.21%), A I A Engineering (1.04%) and A B G
Sectors in Limelight
The Realty index was at 1,354.34, down by 25.45 points or by
1.84%. The major losers were Anant Raj (2.74%), Housing Development
and Infrastructure (1.95%), Indiabulls Real Estate (1.87%), D L F
(0.9%) and Godrej Properties (0.57%).
The FMCG index was at 6,459.46, down by 53.43 points or by
0.82%. The major losers were Godrej Consumer Products (2.22%),
Hindustan Unilever (1.13%), I T C (1%), Dabur India (0.64%) and
Jubilant FoodWorks (0.59%).
The Capital Goods index was at 9,860.78, down by 81.32 points or
by 0.82%. The major losers were A B B India (2%), Crompton Greaves
(1.68%), Alstom India (1.21%), A I A Engineering (1.04%) and BEML
On the other hand, the Metal index was at 9,589.07, up by 61.24
points or by 0.64%. The major gainers were Jindal Steel & Power
(1.27%), Bhushan Steel (0.7%), Hindustan Zinc (0.36%), Coal India
(0.3%) and JSW Steel (0.18%).
Market breadth was negative with 1,145 advances against 1,244
Value and Volume Toppers
Tata Elxsi topped the value chart on the BSE with a turnover of
Rs. 548.71 million. It was followed by Sesa Sterlite (Rs. 436.42
million), State Bank Of India (Rs. 356.98 million) and I C I C I
Bank (Rs. 253.96 million).
The volume chart was led by Unitech with trades of over 12.15
million shares. It was followed by Adani Power (5.97 million),
Empower India (3.90 million) and Jaiprakash Associates (3.26