Indian equities are trading flat with positive bias in early
trade onThursday. At 09.19 a.m., the Sensex was trading up 17.98
points or 0.10% at 18,649.08 with 21 components gaining. Meanwhile,
the Nifty was trading higher by 8.90 points or 0.16% at 5,661.05
with 39 components gaining.
The 30-share benchmark index, BSE Sensex opened flat with a
decline of 3.73 points or 0.02% at 18,627.37, while the broad based
NSE Nifty started with a rise of 11.35 points or 0.20%, at
Reliance Industries contributed rise of
8.79 points in the Sensex. It was followed by I C I C I Bank (8.27
points), Tata Motors (4.34 points), H D F C Bank (4.25 points) and
Oil & Natural Gas Corporation (3.32 points).
However, Infosys contributed fall of 9.04 points in the Sensex.
It was followed by Mahindra & Mahindra (2.25 points), Bharat
Heavy Electricals (1.71 points), Housing Development Finance
Corporation (1.32 points) and State Bank Of India (1.06
Biggest gainers in the 30-share index were Wipro (0.75%), Tata
Motors (0.71%), Tata Power Company (0.70%), Coal India (0.62%),
Jindal Steel & Power (0.61%), and I C I C I Bank (0.57%).
On the other hand, Bharat Heavy Electricals (0.73%), Infosys
(0.61%), Mahindra & Mahindra (0.52%), Dr Reddy"S Laboratories
(0.40%), Sterlite Industries (India) (0.25%), and State Bank Of
India (0.15%) were the major losers in the Sensex.
Sectors in Limelight
The Oil & Gas index was at 8,562.83, up by 44.50 points or
by 0.52%. The major gainers were Cairn India (0.81%), G A I L
(India) (0.53%), Bharat Petroleum Corporation (0.46%), Hindustan
Petroleum Corporation (0.27%) and Indian Oil Corporation
The Realty index was at 1,811.51, up by 8.34 points or by 0.46%.
The major gainers were Unitech (5.4%), Phoenix Mills (1.3%), D L F
(0.85%), Anant Raj Industries (0.82%) and Indiabulls Real Estate
The Metal index was at 10,493.46, up by 34.67 points or by
0.33%. The major gainers were Coal India (0.62%), Jindal Steel
& Power (0.61%), Bhushan Steel (0.44%), Hindalco Industries
(0.39%) and Hindustan Zinc (0.11%).
On the other hand, the IT index was at 5,830.73, down by 13.4
points or by 0.23%. The major losers were Oracle Financial Services
Software (0.95%), Infosys (0.61%) and Hexaware Technologies
Market breadth was positive with 573 advances against 237
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 98.36 million. It was followed by State Bank Of India (Rs.
29.60 million), Reliance Capital (Rs. 20.65 million) and Tata Steel
(Rs. 18.34 million).
The volume chart was led by Cals Refineries with trades of over
0.38 million shares. It was followed by Unitech (0.33 million),
Suzlon Energy (0.28 million) and Vakrangee Softwares (0.27