Sensex gains 70 points; Tata Motors, NTPC, TCS lead - The New Indian Express

Sensex gains 70 points; Tata Motors, NTPC, TCS lead

Published: 14th February 2014 03:18 PM

Last Updated: 14th February 2014 03:18 PM

Indian equities are trading higher on Friday. IT stocks witnessed a gain whereas realty, metal and healthcare stocks registered a fall. At 2.33 p.m., the Sensex was trading up 69.96 points or 0.35% at 20,263.31 with 14 components gaining. Meanwhile, the Nifty was trading lower by 6.50 points or 0.11% at 5,994.60 with 31 components falling.

Sensex Movers

Reliance Industries contributed rise of 21.4 points in the Sensex. It was followed by Infosys (17.37 points), Tata Consultancy Services (15.58 points), Tata Motors (14.14 points) and H D F C Bank (11.11 points).

However, State Bank Of India contributed fall of 18.56 points in the Sensex. It was followed by Housing Development Finance Corporation (7.3 points), I C I C I Bank (6.26 points), Bharat Heavy Electricals (4.78 points) and Sun Pharmaceutical Industries (3.51 points).

Biggest gainers in the 30-share index were Tata Motors (2.11%), NTPC (1.81%), Tata Consultancy Services (1.46%), Infosys (1.24%), Reliance Industries (1.23%), and Bharti Airtel (1.12%).

On the other hand, Bajaj Auto (4.15%), Cipla (2.62%), State Bank Of India (2.42%), Bharat Heavy Electricals (2.41%), Hero Motocorp (1.88%), and Hindalco Industries (1.30%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts declining -0.29% and -0.45% respectively.The major losers in the BSE Midcap were Allahabad Bank(0.94%), Aban Offshore (0.86%), A B G Shipyard (0.76%), CORE Education and Technologies (0.56%) and A I A Engineering (0.01%).The major losers in the BSE Smallcap were Trident (3.88%), Action Construction Equipment (3.52%), Dr Datsons Labs (2.86%), Aarti Industries (1.79%) and A2Z Maintenance & Engineering Services (1.64%).

Sectors in Limelight

The Realty index was at 1,201.98, down by 7 points or by 0.58%. The major losers were Housing Development and Infrastructure (4.1%), Anant Raj (3.78%), Indiabulls Real Estate (0.85%), Parsvnath Developers (0.55%) and Godrej Properties (0.16%).

The Metal index was at 8,942.32, down by 47.96 points or by 0.53%. The major losers were Sesa Sterlite (1.38%), Steel Authority Of India (1.32%), Hindalco Industries (1.3%), Hindustan Zinc (1.04%) and Tata Steel (0.86%).

The HC index was at 10,121.93, down by 43.14 points or by 0.42%. The major losers were Cipla (2.62%), Apollo Hospitals Enterprise (1.3%), Cadila Healthcare (1.04%), Aurobindo Pharma (0.78%) and Biocon (0.02%).

On the other hand, the IT index was at 9,327.17, up by 92.60 points or by 1.00%. The major gainers were Tata Consultancy Services (1.46%), Infosys (1.24%), Tech Mahindra (0.95%), Mphasis (0.88%) and Hexaware Technologies (0.79%).

Market Breadth

Market breadth was negative with 1,061 advances against 1,420 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 1,117.75 million. It was followed by Tata Elxsi (Rs. 559.64 million), Future Retail (Rs. 420.20 million) and Aban Offshore (Rs. 290.75 million).

The volume chart was led by Future Retail with trades of over 5.05 million shares. It was followed by Shalimar Productions (2.61 million), Unitech (2.18 million) and Shree Shaleen Textiles (1.60 million).

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