Indian equities are trading slightly higher in post noon trade
on Friday.IT stocks witnessed a gain whereas metal, healthcare and
capital goods stocks registered a fall. At 1.32 p.m., the Sensex
was trading up 31.06 points or 0.15% at 20,224.41 with 13
components gaining. Meanwhile, the Nifty was trading higher by 9.55
points or 0.16% at 6,010.65 with 24 components gaining.
Reliance Industries contributed rise of
20.5 points in the Sensex. It was followed by Infosys (19.28
points), Tata Consultancy Services (19.03 points), Tata Motors
(14.73 points) and NTPC (7.19 points).
However, State Bank Of India contributed fall of 12.6 points in
the Sensex. It was followed by I C I C I Bank (11.27 points),
Bharat Heavy Electricals (5.09 points), Hero Motocorp (4.82 points)
and Housing Development Finance Corporation (4.21 points).
Biggest gainers in the 30-share index were Tata Motors (2.21%),
NTPC (1.92%), Tata Consultancy Services (1.79%), Infosys (1.38%),
Reliance Industries (1.18%), and G A I L (India) (0.66%).
On the other hand, Bajaj Auto (3.81%), Hero Motocorp (2.59%),
Bharat Heavy Electricals (2.57%), Cipla (2.06%), State Bank Of
India (1.64%), and Hindalco Industries (1.30%) were the biggest
losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts declining -0.06% and -0.00% respectively.The major
losers in the BSE Midcap were Anant Raj (1.61%), Allcargo Logistics
(1.48%), Allahabad Bank (0.67%), CORE Education and Technologies
(0.56%) and A B G Shipyard (0.31%).The major losers in the BSE
Smallcap were Trident (4.55%), Action Construction Equipment
(2.72%), A2Z Maintenance & Engineering Services (1.06%),
Adhunik Metaliks (1.04%) and Aarti Industries (0.67%).
Sectors in Limelight
The Metal index was at 8,921.63, down by 68.65 points or by
0.76%. The major losers were Sesa Sterlite (1.51%), Hindalco
Industries (1.3%), Hindustan Zinc (1.23%), Coal India (0.77%) and
Jindal Steel & Power (0.11%).
The HC index was at 10,120.30, down by 44.77 points or by 0.44%.
The major losers were Cipla (2.06%), Apollo Hospitals Enterprise
(1.19%), Dr Reddy'S Laboratories (1.02%), Aurobindo Pharma (0.58%)
and Cadila Healthcare (0.57%).
The Capital Goods index was at 9,354.24, down by 40.49 points or
by 0.43%. The major losers were Bharat Heavy Electricals (2.57%),
Bharat Electronics (1.33%), Alstom T&D India (1.3%), Crompton
Greaves (0.98%) and Havell'S India (0.74%).
On the other hand, the IT index was at 9,356.04, up by 121.47
points or by 1.32%. The major gainers were Infosys (1.38%), Tech
Mahindra (1.07%), Mphasis (0.76%), Hexaware Technologies (0.61%)
and H C L Technologies (0.1%).
Market breadth was negative with 1,122 advances against 1,243
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 791.31 million. It was followed by Tata Elxsi (Rs.
505.27 million), Future Retail (Rs. 343.11 million) and Aban
Offshore (Rs. 219.92 million).
The volume chart was led by Future Retail with trades of over
3.89 million shares. It was followed by Unitech (1.90 million),
Tata Elxsi (1.13 million) and Spicejet (1.13 million).