Indian equities continues to trade higheron Wednesday.
Healthcare, FMCG and capital goods stocks witnessed a rise whereas
metal stocks registered a fall.
At 2.09 p.m., the Sensex was trading up 107.07 points or 0.51%
at 20,959.54 with 21 components gaining. Meanwhile, the Nifty was
trading higher by 27.40 points or 0.44% at 6,227.45 with 30
I T C contributed rise of 35.66 points
in the Sensex. It was followed by State Bank Of India (10.99
points), Sun Pharmaceutical Industries (10.03 points), Reliance
Industries (9.09 points) and HDFC Bank (8.75 points).
However, Tata Steel contributed fall of 8.34 points in the
Sensex. It was followed by Oil & Natural Gas Corporation (5.73
points), Tata Power Company (2.76 points), DLF (2.36 points) and
Jaiprakash Associates (2.35 points).
Biggest gainers in the 30-share index were GAIL (India) (2.45%),
Wipro (2.41%), Dr Reddy's Laboratories (2.13%), Sun Pharmaceutical
Industries (2.04%), I T C (1.58%), and State Bank Of India
On the other hand, Tata Steel (3.16%), Coal India (1.85%), Tata
Power Company (1.36%), Jindal Steel & Power (0.93%), Maruti
Suzuki India (0.67%), and Oil & Natural Gas Corporation (0.62%)
were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 0.06% and 0.29% respectively.The major gainers
in the BSE Midcap were Allcargo Logistics (4.69%), Alstom India
(0.77%), A I A Engineering (0.34%), Aban Offshore (0.17%) and Amara
Raja Batteries (0.08%).The major gainers in the BSE Smallcap were
Reliance MediaWorks (3.94%), Aarti Industries (3.88%), Trident
(2.7%), Dr Datsons Labs (2.41%) and Action Construction Equipment
Sectors in Limelight
The HC index was at 10,607.59, up by 94.30 points or by 0.90%.
The major gainers were Dr Reddy'S Laboratories (2.13%), Cadila
Healthcare (1.42%), Cipla (0.64%), Glenmark Pharmaceutical (0.43%)
and Glaxo SmithKline Pharmaceuticals (0.29%).
The FMCG index was at 6,495.70, up by 53.87 points or by 0.84%.
The major gainers were I T C (1.58%), United Breweries (1.49%),
Hindustan Unilever (0.42%), Colgate-Palmolive (India) (0.1%) and
Dabur India (0.09%).
The Capital Goods index was at 10,228.62, up by 69.29 points or
by 0.68%. The major gainers were A B B India (6.94%), BEML (1.31%),
Bharat Heavy Electricals (0.78%), Alstom India (0.77%) and A I A
On the other hand, the Metal index was at 8,557.25, down by
175.56 points or by 2.01%. The major losers were NMDC (3.95%), Coal
India (1.85%), Hindustan Zinc (1.73%), Jindal Steel & Power
(0.93%) and JSW Steel (0.62%).
Market breadth was negative with 1,261 advances against 1,288
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 694.37 million. It was followed by Polaris
Financial Technology (Rs. 575.32 million), A B B India (Rs. 336.85
million) and Tata Steel (Rs. 311.48 million).
The volume chart was led by Cals Refineries with trades of over
3.59 million shares. It was followed by Polaris Financial
Technology (3.53 million), Goenka Diamond and Jewels (2.29 million)
and Unitech (1.97 million).