Sensex trades 94 points higher; Hindalco, Tata Motors, TCS lead - The New Indian Express

Sensex trades 94 points higher; Hindalco, Tata Motors, TCS lead

Published: 28th February 2014 03:18 PM

Last Updated: 28th February 2014 03:18 PM

Indian equities remained higher on Friday. Healthcare and capital goods stocks registered a gain whereas consumer durables stocks witnessed a fall.

At 2.22 p.m., the Sensex was trading up 94.02 points or 0.45% at 21,081.01 with 16 components gaining. Meanwhile, the Nifty was trading higher by 15.70 points or 0.25% at 6,254.50 with 27 components gaining.

Sensex Movers

Tata Consultancy Services contributed rise of 39.35 points in the Sensex. It was followed by Tata Motors (28.06 points), Oil & Natural Gas Corporation (26.52 points), Larsen & Toubro (13.85 points) and I C I C I Bank (12.58 points).

However, Reliance Industries contributed fall of 32.88 points in the Sensex. It was followed by H D F C Bank (19.67 points), Maruti Suzuki India (13.16 points), Hindustan Unilever (10.34 points) and NTPC (8.44 points).

Biggest gainers in the 30-share index were Hindalco Industries (6.41%), Tata Motors (4.03%), Tata Consultancy Services (3.56%), Oil & Natural Gas Corporation (2.85%), Bharat Heavy Electricals (2.28%), and Cipla (2.24%).

On the other hand, Maruti Suzuki India (4.59%), NTPC (2.16%), Reliance Industries (1.82%), Tata Steel (1.57%), Hindustan Unilever (1.52%), and Wipro (1.49%) were the biggest losers in the Sensex.

Sectors in Limelight

The HC index was at 10,802.39, up by 202.90 points or by 1.91%. The major gainers were Biocon (3.6%), Aurobindo Pharma (2.49%), Cipla (2.24%), Cadila Healthcare (1.22%) and Apollo Hospitals Enterprise (0.99%).

The Capital Goods index was at 10,375.48, up by 121.03 points or by 1.18%. The major gainers were Alstom India (2.8%), Bharat Heavy Electricals (2.28%), A I A Engineering (2.17%), Crompton Greaves (1.79%) and A B B India (0.54%).

On the other hand, the Consumer Durables index was at 5,949.76, down by 41.68 points or by 0.7%. The major losers were V I P Industries (1.36%), Gitanjali Gems (1.26%), Titan Company (1.26%), Rajesh Exports (1%) and T T K Prestige (0.26%).

Market Breadth

Market breadth was negative with 1,265 advances against 1,310 declines.

Value and Volume Toppers

Bharti Infratel topped the value chart on the BSE with a turnover of Rs. 544.71 million. It was followed by Aurobindo Pharma (Rs. 533.25 million), Power Grid Corporation Of India (Rs. 511.30 million) and Tata Motors (Rs. 460.23 million).

The volume chart was led by Power Grid Corporation Of India with trades of over 5.42 million shares. It was followed by HT Media (3.34 million), Cals Refineries (3.23 million) and Unitech (3.23 million).

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