Indian equities bounced back on Thursday snapping earlier
losses. At 10.10 am, the Sensex was trading up 51.57 points or
0.29% at 17,957.48 with 20 components gaining. Meanwhile, the Nifty
was trading higher by 5.15 points or 0.10% at 5,307.70 with 34
The 30-share benchmark index, BSE Sensex opened flat with a
decline of 9.07 points or 0.05% at 17,896.84, while the broad based
NSE Nifty started with a fall of 19.75 points or 0.37%, at
Oil & Natural Gas Corporation
contributed rise of 27.96 points in the Sensex. It was followed by
Infosys (17.77 points), Tata Motors (14.63 points), Bharti Airtel
(11.27 points) and Tata Steel (9.44 points).
However, I T C contributed fall of 35.33 points in the Sensex.
It was followed by Housing Development Finance Corporation (14.31
points), Mahindra & Mahindra (12.93 points), D L F (4.63
points) and State Bank Of India (4.59 points).
Major gainers in the 30-share index were Tata Steel (4.17%), Oil
& Natural Gas Corporation (3.53%), Sterlite Industries (India)
(3.28%), Jindal Steel & Power (2.86%), Bharti Airtel (2.56%),
and Tata Motors (2.47%).
On the other hand, Mahindra & Mahindra (2.81%), I T C
(1.83%), Housing Development Finance Corporation (1.02%), Maruti
Suzuki India (1.02%), State Bank Of India (0.67%), and Hero
Motocorp (0.65%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Smallcap index was at 5178.24 down by 2.88 points or by
0.06%.The major losers were Aarti Industries (5.09%), Adhunik
Metaliks (0.95%), Action Construction Equipment (0.72%), A2Z
Maintenance & Engineering Services (0.58%) and Aanjaneya
Sectors in Limelight
The Metal index was at 7,359.10, up by 208.11 points or by
2.91%. The major gainers were Hindustan Zinc (7.29%), Jindal Steel
& Power (2.86%), Hindalco Industries (2.3%), Bhushan Steel
(0.89%) and Coal India (0.08%).
The Oil & Gas index was at 7,852.56, up by 67.39 points or
by 0.87%. The major gainers were Bharat Petroleum Corporation
(3.13%), Hindustan Petroleum Corporation (2.58%), Cairn India (1%),
G A I L (India) (0.6%) and Castrol India (0.13%).
On the other hand, the Realty index was at 1,227.22, down by
21.45 points or by 1.72%. The major losers were Phoenix Mills
(100%), D L F (4.44%), Prestige Estates Projects (1.28%), Godrej
Properties (0.8%) and Oberoi Realty (0.24%).
Market breadth was negative with 620 advances against 543
Value and Volume Toppers
UltraTech Cement topped the value chart on the BSE with a
turnover of Rs. 2,031.73 million. It was followed by Yes Bank (Rs.
260.49 million), State Bank Of India (Rs. 221.76 million) and Tata
Steel (Rs. 116.13 million).
The volume chart was led by UltraTech Cement with trades of over
1.25 million shares. It was followed by Yes Bank (1.07 million),
Jaiprakash Power Ventures (0.99 million) and Jaiprakash Associates