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
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
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
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 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