Indian equitiesremained higherin the post noon tradeon Tuesday
led by gains seen in banking, capital goods and power stocks.
At 2.29 p.m., the Sensex was trading up 189.91 points or 0.93%
at 20,653.97 with 21 components gaining. Meanwhile, the Nifty was
trading higher by 55.60 points or 0.92% at 6,128.90 with 39
I C I C I Bank contributed rise of 49.39 points in the Sensex.
It was followed by Housing Development Finance Corporation (47.45
points), HDFC Bank (33.57 points), State Bank Of India (15.33
points) and Larsen & Toubro (12.57 points).
However, I T C contributed fall of 10.75 points in the Sensex.
It was followed by Bharti Airtel (3.65 points), Wipro (0.54
points), Tata Power Company (0.26 points).
Major gainers in the 30-share index
were Jindal Steel & Power (7.07%), I C I C I Bank (3%), Housing
Development Finance Corporation (2.95%), Maruti Suzuki India
(2.73%), Bharat Heavy Electricals (2.13%), and H D F C Bank
On the other hand, G A I L (India) (0.76%), Bharti Airtel
(0.72%), Coal India (0.55%), Cipla (0.52%), ITC (0.48%), and Dr
Reddy's Laboratories (0.21%) were the biggest losers in the
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 0.71% and 0.65% respectively.The major gainers
in the BSE Midcap were Alstom India (3.83%), Allahabad Bank
(2.93%), A I A Engineering (2.55%), Aban Offshore (1.99%) and A B G
Shipyard (0.7%).The major gainers in the BSE Smallcap were Reliance
MediaWorks (4.37%), Aarti Industries (2.57%), Trident (2.11%),
Adhunik Metaliks (0.52%) and Styrolution ABS (India) (0.04%).
Sectors in Limelight
The Bankex index was at 12,085.68, up by 287.31 points or by
2.44%. The major gainers were H D F C Bank (2.06%), Canara Bank
(1.88%), Bank Of India (1.68%), Bank Of Baroda (1.16%) and Federal
The Capital Goods index was at 9,571.72, up by 147.77 points or
by 1.57%. The major gainers were A B B India (13.6%), Alstom India
(3.83%), A I A Engineering (2.55%), Bharat Heavy Electricals
(2.13%) and BEML (0.35%).
The Power index was at 1,540.08, up by 20.37 points or by 1.34%.
The major gainers were A B B India (13.6%), Adani Power (3.8%),
Reliance Infrastructure (2.87%), Bharat Heavy Electricals (2.13%)
and C E S C (1.5%).
The Metal index was at 9,103.38, up by 114.31 points or by
1.27%. The major gainers were Jindal Steel & Power (7.07%), JSW
Steel (3.36%), Hindalco Industries (1.37%), Sesa Sterlite (0.58%)
and Steel Authority Of India (0.25%).
Market breadth was negative with 1,353 advances against 1,174
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 964.73 million. It was followed by Godrej Consumer
Products (Rs. 875.89 million), Infosys (Rs. 659.94 million) and A B
B India (Rs. 426.08 million).
The volume chart was led by Shalimar Productions with trades of
over 3.04 million shares. It was followed by Spicejet (2.88
million), Hexaware Technologies (1.78 million) and Shrey Chemicals