Sensex remians mildly lower; capital goods drops - The New Indian Express

Sensex remians mildly lower; capital goods drops

Published: 04th December 2013 02:18 PM

Last Updated: 04th December 2013 02:18 PM

Indian equities continue to trade lower in post noon trade on Wednesday amid weak Asian cues. Capital goods stocks witnessed a fall whereas metal and consumer durables stocks registered a rise.

At 13.25., the Sensex was trading down 31.88 points or 0.15% at 20,823.04 with 16 components falling. Meanwhile, the Nifty was trading lower by 10.25 points or 0.17% at 6,191.60 with 25 components falling.

Sensex Movers

I C I C I Bank contributed fall of 27.69 points in the Sensex. It was followed by Larsen & Toubro (14.12 points), I T C (13.31 points), Housing Development Finance Corporation (7.58 points) and Hindustan Unilever (7 points).

However, Infosys contributed rise of 13.97 points in the Sensex. It was followed by Bharti Airtel (6.71 points), Wipro (6.23 points), Tata Power Company (6.18 points) and State Bank Of India (3.15 points).

Biggest gainers in the 30-share index were Tata Power Company (3.06%), Wipro (2.14%), Jindal Steel & Power (1.72%), Bharti Airtel (1.32%), Tata Steel (1.20%), and Infosys (0.97%).

On the other hand, I C I C I Bank (1.67%), Larsen & Toubro (1.35%), Hindustan Unilever (1.04%), G A I L (India) (0.98%), Tata Motors (0.83%), and Mahindra & Mahindra (0.73%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.28% and 0.70% respectively.

The major gainers in the BSE Midcap were Amtek Auto (2.52%), CORE Education and Technologies (1.28%), Andhra Bank (0.99%), Amara Raja Batteries (0.66%) and A B G Shipyard (0.22%).

The major gainers in the BSE Smallcap were Adhunik Metaliks (4.51%), A2Z Maintenance & Engineering Services (2.48%), Action Construction Equipment (1.66%), Aarti Industries (0.75%) and Styrolution ABS (India) (0.17%).

Sectors in Limelight

The Metal index was at 9,631.72, up by 103.89 points or by 1.09%. The major gainers were Bhushan Steel (1.9%), Jindal Steel & Power (1.72%), Hindustan Zinc (0.64%), JSW Steel (0.56%) and Coal India (0.22%).

The Power index was at 1,657.36, up by 16.00 points or by 0.97%. The major gainers were Adani Power (9.31%), G M R Infrastructure (1.94%), JSW Energy (1.01%), Bharat Heavy Electricals (0.34%) and Reliance Infrastructure (0.29%).

The Consumer Durables index was at 5,762.91, up by 50.41 points or by 0.88%. The major gainers were Whirlpool Of India (9.17%), Blue Star (4.41%), Bajaj Electricals (1.98%), T T K Prestige (1.23%) and Titan Industries (0.31%).

On the other hand, the Capital Goods index was at 9,866.76, down by 75.34 points or by 0.76%. The major losers were Larsen & Toubro (1.35%), Alstom India (0.91%), Crompton Greaves (0.88%), A B B India (0.85%) and A I A Engineering (0.35%).

Market Breadth

Market breadth was negative with 1,239 advances against 1,101 declines.Value and Volume Toppers

Tata Elxsi topped the value chart on the BSE with a turnover of Rs. 526.34 million. It was followed by Sesa Sterlite (Rs. 379.71 million), State Bank Of India (Rs. 220.57 million) and Adani Power (Rs. 204.08 million).

The volume chart was led by Adani Power with trades of over 5.19 million shares. It was followed by Birla Power Solutions (4.22 million), Unitech (4.02 million) and Empower India (3.55 million).

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