Indian equities turned negative in post noon trade on Tuesday,
as investors remained cautious ahead of the Reserve Bank of India
and the US Federal Reserve's policy meetings. At 2.14 p.m., the
Sensex was trading down 15.56 points or 0.08% at 20,643.96 with 15
components falling. Meanwhile, the Nifty was trading higher by 3
points or 0.05% at 6,157.70 with 24 components gaining.
H D F C Bank contributed fall of 58.1
points in the Sensex. It was followed by Housing Development
Finance Corporation (27.15 points), State Bank Of India (5.67
points), NTPC (5.53 points) and Tata Motors (3.89 points).
However, Bharti Airtel contributed rise of 20.94 points in the
Sensex. It was followed by Tata Consultancy Services (20.25
points), I T C (14.17 points), Sun Pharmaceutical Industries (10.41
points) and I C I C I Bank (3.98 points).
Biggest gainers in the 30-share index were Bharti Airtel
(4.14%), Cipla (2.47%), Sun Pharmaceutical Industries (2.15%), Tata
Consultancy Services (1.87%), Dr Reddy'S Laboratories (0.69%), and
Hero Motocorp (0.68%).
On the other hand, H D F C Bank (3.57%), Coal India (2.88%),
Housing Development Finance Corporation (1.69%), NTPC (1.45%),
Bajaj Auto (1.23%), and Bharat Heavy Electricals (0.74%) were the
biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.21% and 0.19% respectively. The major
gainers in the BSE Midcap were Amara Raja Batteries (1.79%), Arvind
(1.66%), Aban Offshore (1%), Apollo Tyres (0.59%) and A B G
Shipyard (0.32%).The major gainers in the BSE Smallcap were Aegis
Logistics (2.16%), Action Construction Equipment (0.78%), Aarti
Industries (0.56%), Advanta (0.34%) and Reliance MediaWorks
Sectors in Limelight
The HC index was at 9,618.61, up by 131.73 points or by 1.39%.
The major gainers were Cipla (2.47%), Aurobindo Pharma (2.31%),
Divis Laboratories (1.78%), Biocon (1.13%) and Dr Reddy'S
The TECk index was at 4,890.77, up by 39.82 points or by 0.82%.
The major gainers were Deccan Chronicle Holdings (4.84%), Bharti
Airtel (4.14%), HT Media (0.52%), Infosys (0.24%) and Reliance
On the other hand, the Bankex index was at 12,844.57, down by
118.37 points or by 0.91%. The major losers were H D F C Bank
(3.57%), Canara Bank (2.53%), Bank Of Baroda (1.11%), IDBI Bank
(1.05%) and Bank Of India (0.46%).
Market breadth was negative with 1,145 advances against 1,123
Value and Volume Toppers
Glenmark Pharmaceutical topped the value chart on the BSE with a
turnover of Rs. 1,152.98 million. It was followed by Indusind Bank
(Rs. 813.41 million), Wockhardt (Rs. 672.24 million) and Aurobindo
Pharma (Rs. 495.43 million).
The volume chart was led by Apollo Tyres with trades of over
3.90 million shares. It was followed by Shalimar Productions (2.19
million), Glenmark Pharmaceutical (2.19 million) and Indusind Bank