Sensex plunges over 150 points; oil & gas, banks drag
Published: 13th February 2014 02:18 PM
Last Updated: 13th February 2014 02:18 PM
Indian equitiesfell further in the post noon trade on
Thursday.Oil & gas and banking stocks registered a fall whereas
realty stocks witnessed a gain.
At 1.20 p.m., the Sensex was trading down 158.77 points or 0.78%
at 20,289.72 with 25 components falling. Meanwhile, the Nifty was
trading lower by 51.70 points or 0.85% at 6,032.30 with 41
Oil & Natural Gas Corporation
contributed fall of 27.22 points in the Sensex. It was followed by
Housing Development Finance Corporation (23.82 points), H D F C
Bank (22.81 points), I C I C I Bank (15.31 points) and State Bank
Of India (13.37 points).
However, Tata Consultancy Services contributed rise of 8.2
points in the Sensex. It was followed by Sun Pharmaceutical
Industries (5.98 points), Tata Motors (5.34 points), Mahindra &
Mahindra (5.07 points) and D L F (2.52 points).
Biggest gainers in the 30-share index were Sun Pharmaceutical
Industries (1.26%), Mahindra & Mahindra (0.98%), Tata Motors
(0.80%), Tata Consultancy Services (0.77%), and Hero Motocorp
On the other hand, Cipla (6.64%), Coal India (3.56%), Oil &
Natural Gas Corporation (3.04%), Jindal Steel & Power (2.80%),
Bharti Airtel (2%), and Bharat Heavy Electricals (1.94%) were the
major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts declining-0.39% and -0.55% respectively.The major
losers in the BSE Midcap were Allahabad Bank(2.36%), Amtek Auto
(1.88%), Allcargo Logistics (1.75%), Alstom India (0.77%) and Amara
Raja Batteries (0.73%).The major losers in the BSE Smallcap were
Trident (1.72%), Styrolution ABS (India) (1.22%), Action
Construction Equipment (1.11%), Adhunik Metaliks (1.02%) and A2Z
Maintenance & Engineering Services (0.58%).
Sectors in Limelight
The Oil & Gas index was at 8,332.67, down by 108.41 points
or by 1.28%. The major losers were Bharat Petroleum Corporation
(2.55%), Hindustan Petroleum Corporation (2.26%), Indian Oil
Corporation (2.18%), G A I L (India) (1.36%) and Castrol India
The Bankex index was at 11,682.26, down by 149.25 points or by
1.26%. The major losers were Bank Of Baroda(4.4%), Bank Of India
(3.04%), Canara Bank (1.92%), Federal Bank (1.8%) and H D F C Bank
On the other hand, the Realty index was at 1,213.81, up by 9.55
points or by 0.79%. The major gainers were D L F (2.14%), Prestige
Estates Projects (1.43%), Housing Development and Infrastructure
(0.72%), Sobha Developers (0.58%) and Parsvnath Developers
Market breadth was negative with 863 advances against 1,494
Value and Volume Toppers
Greaves Cotton topped the value chart on the BSE with a turnover
of Rs. 336.19 million. It was followed by Maruti Suzuki India (Rs.
286.75 million), Lovable Lingerie (Rs. 246.87 million) and Tata
Steel (Rs. 243.83 million).
The volume chart was led by Greaves Cotton with trades of over
5.82 million shares. It was followed by Apollo Tyres (1.75
million), Unitech (1.63 million) and Spicejet (1.60 million).