Sensex jumps 371 points; oil & gas, realty lead - The New Indian Express

Sensex jumps 371 points; oil & gas, realty lead

Published: 20th December 2013 04:18 PM

Last Updated: 20th December 2013 04:18 PM

Indian equitiesended today's session on abuoyant note led by gains seen in oil & gas and realty stocks.At the close, the benchmark 30-share index, BSE Sensex added 371.10 points or 1.79% at 21,079.72 with 27 components registering rise. Meanwhile, the broad based NSE Nifty went up by 107.60 or 1.74% at 6,274.25 with 46 components posting rise.

Sensex Movers

Reliance Industries contributed rise of 82.66 points in the Sensex. It was followed by Housing Development Finance Corporation (49.95 points), I C I C I Bank (37.24 points), Oil & Natural Gas Corporation (36.53 points) and H D F C Bank (30.95 points).

However, Sun Pharmaceutical Industries contributed fall of 3.43 points in the Sensex. It was followed by Grasim Industries (1.52 points),Hindalco Industries (0.34 points) and Larsen & Toubro (0.4 points).

Biggest gainers in the 30-share index were Reliance Industries (4.58%), Oil & Natural Gas Corporation (3.93%), Wipro (3.60%), Mahindra & Mahindra (3.35%), Housing Development Finance Corporation (3.05%), and Hindustan Unilever (2.42%).

On the other hand, Sun Pharmaceutical Industries (0.69%), and Jindal Steel & Power (0.50%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts gaining 1.73% and 1.28% respectively.The major gainers in the BSE Midcap were Allahabad Bank(3.08%), Amtek Auto (2.88%), A B G Shipyard (2.27%), Amara Raja Batteries (0.57%) and Aban Offshore (0.22%).The major gainers in the BSE Smallcap were Reliance MediaWorks (4.52%), Advanta (3.82%), Styrolution ABS (India) (1.72%), Dr Datsons Labs (1.67%) and Aarti Industries (1.21%).

Sectors in Limelight

The Oil & Gas index was at 8,779.99, up by 323.66 points or by 3.83%. The major gainers were Hindustan Petroleum Corporation (4.41%), Cairn India (3.13%), Bharat Petroleum Corporation (1.81%), Castrol India (1.55%) and G A I L (India) (1.32%).

The Realty index was at 1,406.31, up by 37.76 points or by 2.76%. The major gainers were Anant Raj (19.74%), Housing Development and Infrastructure (5.93%), Indiabulls Real Estate (3.14%), D L F (2.65%) and Godrej Properties (0.3%).

On the other hand, the Consumer Durables index was at 5,686.31, down by 83.78 points or by 1.45%. The major losers were Rajesh Exports (17.02%), Gitanjali Gems (3.37%), Titan Company (1.68%) and Blue Star (0.19%).

Market Breadth

Market breadth was positive with 1,556 advances against 1,007 declines.

Value and Volume Toppers

Power Grid Corporation Of India topped the value chart on the BSE with a turnover of Rs. 849.60 million. It was followed by Multi Commodity Exchange of India (Rs. 779.62 million), Reliance Industries (Rs. 581.55 million) and Tech Mahindra (Rs. 510.90 million).

The volume chart was led by Power Grid Corporation Of India with trades of over 8.55 million shares. It was followed by Anant Raj (3.12 million), Apollo Tyres (2.95 million) and Parikh Herbals (2.60 million).

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