Indian equities pared initial gains towards closing on Monday.
Healthcare, capital goods and banking stocks witnessed a rise
whereas consumer durables registered a fall. At 2.25 pm, the Sensex
was trading up 82.06 points or 0.39% at 20,873.99 with 19
components gaining. Meanwhile, the Nifty was trading higher by
34.40 points or 0.56% at 6,210.50 with 35 components gaining.
I C I C I Bank contributed rise of
29.56 points in the Sensex. It was followed by Larsen & Toubro
(18.13 points), I T C (17.16 points), Sun Pharmaceutical Industries
(16.09 points) and Bharti Airtel (5.24 points).
However, Oil & Natural Gas Corporation contributed fall of
13.26 points in the Sensex. It was followed by Hindustan Unilever
(12.32 points), Infosys (3.41 points), H D F C Bank (3.36 points)
and Maruti Suzuki India (2.92 points).
Major gainers in the 30-share index were Jindal Steel &
Power (3.70%), Sun Pharmaceutical Industries (3.29%), Tata Steel
(1.83%), I C I C I Bank (1.77%), Larsen & Toubro (1.73%), and
On the other hand, Hindustan Unilever (1.83%), G A I L (India)
(1.49%), Oil & Natural Gas Corporation (1.44%), Maruti Suzuki
India (1.03%), Hindalco Industries (0.77%), and Tata Motors (0.33%)
were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.63% and 0.91% respectively. The major
gainers in the BSE Midcap were A I A Engineering (2.74%), Allahabad
Bank (1.42%), Alstom India (0.51%), Amara Raja Batteries (0.32%)
and A B G Shipyard (0.11%).The major gainers in the BSE Smallcap
were Dr Datsons Labs (2.56%), Aarti Industries (1.61%), Trident
(1.49%), A2Z Maintenance & Engineering Services (0.36%) and
Styrolution ABS (India) (0.06%).
Sectors in Limelight
The HC index was at 9,637.39, up by 136.53 points or by 1.44%.
The major gainers were Aurobindo Pharma (1.14%), Cadila Healthcare
(0.7%), Apollo Hospitals Enterprise (0.44%), Biocon (0.13%) and
The Capital Goods index was at 9,923.88, up by 107.07 points or
by 1.09%. The major gainers were A I A Engineering (2.74%), BEML
(2.52%), Bharat Heavy Electricals (1.06%), Alstom India (0.51%) and
A B B India (0.02%).
The Bankex index was at 12,836.96, up by 106.66 points or by
0.84%. The major gainers were I C I C I Bank (1.77%), Bank Of
Baroda (1.15%), Bank Of India (0.83%), Federal Bank (0.57%) and
Canara Bank (0.52%).
On the other hand, the Consumer Durables index was at 5,714.19,
down by 31 points or by 0.54%. The major losers were Titan
Industries (0.94%), Symphony (0.59%), Blue Star (0.18%), T T K
Prestige (0.13%) and Whirlpool Of India (0.09%).
Market breadth was positive with 1,401 advances against 1,011
Value and Volume Toppers
Bosch topped the value chart on the BSE with a turnover of Rs.
484.49 million. It was followed by Tata Steel (Rs. 429.85 million),
Ranbaxy Laboratories (Rs. 414.63 million) and State Bank Of India
(Rs. 384.01 million).
The volume chart was led by Unitech with trades of over 3.89
million shares. It was followed by Cals Refineries (3.21 million),
Sintex Industries (2.97 million) and South Indian Bank , The (2.84