Sensex remains flat; consumer durables, capital goods rise - The New Indian Express

Sensex remains flat; consumer durables, capital goods rise

Published: 26th December 2013 03:18 PM

Last Updated: 26th December 2013 03:18 PM

Indian markets remained flat in post noon trade on Thursday ahead of F&O expiry. Consumer durables, powerandcapital goods stocks witnessed buying interest.

At 2.34 p.m., the Sensex was trading up 18.60 points or 0.09% at 21,051.31 with 15 components gaining. Meanwhile, the Nifty was trading higher by 12.90 points or 0.21% at 6,281.30 with 23 components gaining.

Sensex Movers

Oil & Natural Gas Corporation contributed rise of 18.36 points in the Sensex. It was followed by H D F C Bank (14.78 points), Tata Power Company (5.57 points), Bharti Airtel (5.55 points) and Sun Pharmaceutical Industries (5.12 points).

However, Reliance Industries contributed fall of 17.01 points in the Sensex. It was followed by Tata Motors (6.34 points), Mahindra & Mahindra (3.02 points), Tata Consultancy Services (2.98 points) and Grasim Industries (2.75 points).

Major gainers in the 30-share index were Tata Power Company (2.73%), Oil & Natural Gas Corporation (1.98%), Bharti Airtel (1.08%), Sun Pharmaceutical Industries (1.04%), NTPC (0.91%), and Bharat Heavy Electricals (0.90%).

On the other hand, Hero Motocorp (1.22%), Bajaj Auto (1.15%), Reliance Industries (0.94%), Tata Motors (0.91%), Hindalco Industries (0.66%), and Dr Reddy'S Laboratories (0.64%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 1.11% and 2.40% respectively. The major gainers in the BSE Midcap were CORE Education and Technologies (6.37%), Allcargo Logistics (3.16%), Alstom India (1.96%), Allahabad Bank (1.66%) and A B G Shipyard (0.38%).The major gainers in the BSE Smallcap were A2Z Maintenance & Engineering Services (15.23%), Dr Datsons Labs (2.74%), Aarti Industries (2.32%), Trident (0.92%) and Styrolution ABS (India) (0.61%).

Sectors in Limelight

The Consumer Durables index was at 5,814.66, up by 84.43 points or by 1.47%. The major gainers were Gitanjali Gems (13.32%), Bajaj Electricals (4.33%), Symphony (1.21%), Blue Star (1.01%) and Titan Company (0.85%).

The Capital Goods index was at 10,299.39, up by 122.15 points or by 1.20%. The major gainers were A B B India (2.44%), Alstom India (1.96%), BEML (1.81%), Bharat Heavy Electricals (0.9%) and Bharat Electronics (0.64%).

Market Breadth

Market breadth was positive with 1,572 advances against 890 declines.

Value and Volume Toppers

Wockhardt topped the value chart on the BSE with a turnover of Rs. 291.50 million. It was followed by Axis Bank (Rs. 279.46 million), Bosch (Rs. 256.67 million) and Aurobindo Pharma (Rs. 239.99 million).

The volume chart was led by Suzlon Energy with trades of over 5.81 million shares. It was followed by Lanco Infratech (4.82 million), Alok Industries (3.24 million) and I V R C L (2.95 million).

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