Sensex trades 217 points higher; Wipro, ONGC, RIL lead - The New Indian Express

Sensex trades 217 points higher; Wipro, ONGC, RIL lead

Published: 20th December 2013 02:18 PM

Last Updated: 20th December 2013 02:18 PM

Indian equities remained higher in post noon trade on Friday on the back of sustained buying interest seen inoil & gas and auto stocks.whereas consumer durable stocks registered a fall. At 1.19 p.m., the Sensex was trading up 217.15 points or 1.05% at 20,925.77 with 24 components gaining. Meanwhile, the Nifty was trading higher by 65.30 points or 1.06% at 6,231.95 with 41 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 83.75 points or 0.40% at 20,792.37, while the broad based NSE Nifty started with a rise of 13.30 points or 0.22%, at 6,179.95.

Sensex Movers

Reliance Industries contributed rise of 38.3 points in the Sensex. It was followed by I C I C I Bank (33.44 points), Oil & Natural Gas Corporation (22.43 points), Housing Development Finance Corporation (18.35 points) and Tata Consultancy Services (17.76 points).

However, Larsen & Toubro contributed fall of 7.08 points in the Sensex. It was followed by Sun Pharmaceutical Industries (4.62 points), Bharti Airtel (2.77 points), Grasim Industries (1.45 points) and NTPC (0 points).

Biggest gainers in the 30-share index were Wipro (2.43%), Oil & Natural Gas Corporation (2.43%), Reliance Industries (2.14%), Maruti Suzuki India (2.05%), Mahindra & Mahindra (2.04%), and I C I C I Bank (2%).

On the other hand, Sun Pharmaceutical Industries (0.94%), Larsen & Toubro (0.67%), Bharti Airtel (0.54%), and Jindal Steel & Power (0.30%) were the biggest losers in the Sensex.

Sectors in Limelight

The Oil & Gas index was at 8,628.94, up by 172.61 points or by 2.04%. The major gainers were Hindustan Petroleum Corporation (3.53%), Cairn India (2.42%), Castrol India (1.99%), G A I L (India) (0.91%) and Bharat Petroleum Corporation (0.09%).

The Auto index was at 12,330.45, up by 218.07 points or by 1.80%. The major gainers were Cummins India (2.44%), Hero Motocorp (1.96%), Bajaj Auto (1.18%), Exide Industries (0.61%) and Ashok Leyland (0.32%).

On the other hand, the Consumer Durables index was at 5,762.59, down by 7.5 points or by 0.13%. The major losers were Rajesh Exports (3.64%) and Titan Company (0.6%).

Market Breadth

Market breadth was positive with 1,443 advances against 897 declines.

Value and Volume Toppers

Multi Commodity Exchange of India topped the value chart on the BSE with a turnover of Rs. 596.03 million. It was followed by Power Grid Corporation Of India (Rs. 586.33 million), Tech Mahindra (Rs. 374.42 million) and State Bank Of India (Rs. 259.34 million).

The volume chart was led by Power Grid Corporation Of India with trades of over 5.92 million shares. It was followed by S V C Resources (4.43 million), Unitech (2.46 million) and Apollo Tyres (2.00 million).

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