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.
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
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
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
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 was negative with 1,061 advances against 1,420
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