Sensex falls 91 points; BHEL, Tata power, ONGC drop
Published: 10th October 2012 12:18 PM
Last Updated: 10th October 2012 12:18 PM
Indianmarketscontinue to trade loweron Wednesday. Realty, power
and capital goods stocks led the fall in the market.
At 11.02 a.m, the Sensex was trading down 90.79 points or 0.48%
at 18,702.57 with 21 components falling. Meanwhile, the Nifty was
trading lower by 25.30 points or 0.44% at 5,679.30 with 32
The 30-share benchmark index, BSE Sensex opened with a decline
of 94.17 points or 0.50% at 18,699.19, while the broad based NSE
Nifty started with a fall of 33.45 points or 0.59%, at
Infosys contributed fall of 15.81
points in the Sensex. It was followed by H D F C Bank (13.95
points), I C I C I Bank (11.13 points), Oil & Natural Gas
Corporation (10.11 points) and State Bank Of India (7.74
However, Reliance Industries contributed rise of 8.93 points in
the Sensex. It was followed by Tata Motors (4.89 points), Tata
Steel (3.89 points), I T C (2.42 points) and Jaiprakash Associates
Biggest gainers in the 30-share index were Tata Steel (1.19%),
Cipla (0.92%), Tata Motors (0.80%), Hero Motocorp (0.60%), Reliance
Industries (0.50%), and Sun Pharmaceutical Industries (0.22%).
On the other hand, Bharat Heavy Electricals (1.74%), Tata Power
Company (1.56%), Oil & Natural Gas Corporation (1.37%), G A I L
(India) (1.33%), NTPC (1.27%), and State Bank Of India (1.11%) were
the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts declining -0.57% and -0.60% respectively.The major
losers in the BSE Midcap were Alok Industries (2.01%), Aban
Offshore (1.49%), Alstom India (0.54%), Allcargo Logistics (0.26%)
and CORE Education and Technologies (0.03%).The major losers in the
BSE Smallcap were A2Z Maintenance & Engineering Services
(2.56%), Aarti Industries (1.9%), Styrolution ABS (India) (1.38%),
Action Construction Equipment (0.96%) and Aanjaneya Lifecare
Sectors in Limelight
The Realty index was at 1,826.38, down by 63.98 points or by
3.38%. The major losers were Indiabulls Real Estate (9.7%), D B
Realty (4.99%), D L F (3.61%), Anant Raj Industries (2.6%) and
Godrej Properties (0.35%).
The Power index was at 2,027.74, down by 29.53 points or by
1.44%. The major losers were G M R Infrastructure (6.07%), Reliance
Infrastructure (1.77%), Bharat Heavy Electricals (1.74%), Adani
Power (1.35%) and A B B (0.1%).
The Capital Goods index was at 11,024.40, down by 112.35 points
or by 1.01%. The major losers were Bharat Heavy Electricals
(1.74%), Alstom T&D India (1.5%), Alstom India (0.54%), BEML
(0.16%) and A B B (0.1%).
On the other hand, the HC index was at 7,618.15, up by 16.43
points or by 0.22%. The major gainers were Aurobindo Pharma
(1.87%), Divis Laboratories (1.2%), Cipla (0.92%), Glaxo SmithKline
Pharmaceuticals (0.45%) and Cadila Healthcare (0.43%).
Market breadth was negative with 941 advances against 1,344
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 485.70 million. It was followed by Tata Steel (Rs. 235.38
million), State Bank Of India (Rs. 222.38 million) and Indiabulls
Real Estate (Rs. 192.73 million).
The volume chart was led by Indiabulls Real Estate with trades
of over 3.24 million shares. It was followed by Lanco Infratech
(2.69 million), Jaiprakash Associates (1.91 million) and Housing
Development and Infrastructure (1.69 million).