Sensex falls 94 points in early trade - The New Indian Express

Sensex falls 94 points in early trade

Published: 12th October 2012 10:18 AM

Last Updated: 12th October 2012 10:18 AM

Indian equities dropped in early trade on Friday erasing earlier gains. At 09.19 a.m., the Sensex was trading down 99.93 points or 0.53% at 18,704.82 with 8 components falling. Meanwhile, the Nifty was trading lower by 12.15 points or 0.21% at 5,695.90 with 17 components falling.

The 30-share benchmark index, BSE Sensex opened with a decline of 77.65 points or 0.41% at 18,727.10, while the broad based NSE Nifty started with a fall of 26.35 points or 0.46%, at 5,681.70.

Sensex Movers

Wipro contributed fall of 5.29 points in the Sensex. It was followed by Larsen & Toubro (1.93 points), Tata Motors (1.34 points), Tata Consultancy Services (1.29 points) and D L F (0.76 points).

However, I T C contributed rise of 8.96 points in the Sensex. It was followed by H D F C Bank (7.88 points), I C I C I Bank (4.37 points), Oil & Natural Gas Corporation (3.82 points) and Tata Steel (2.84 points).

Major gainers in the 30-share index were G A I L (India) (1.27%), Tata Steel (0.87%), Cipla (0.72%), Sun Pharmaceutical Industries (0.68%), Coal India (0.59%), and H D F C Bank (0.57%).

On the other hand, Infosys (7.91%), Wipro (1.94%), Tata Motors (0.22%), Bharat Heavy Electricals (0.22%), Larsen & Toubro (0.19%), and Maruti Suzuki India (0.15%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.18% and 0.19% respectively. The major gainers in the BSE Midcap were CORE Education and Technologies (2.71%), Anant Raj Industries (1.87%), Amtek Auto (0.81%), Alstom India (0.8%) and Aban Offshore (0.12%).The major gainers in the BSE Smallcap were Advanta India (1%), Reliance MediaWorks (0.33%), Adhunik Metaliks (0.31%), Alembic Pharmaceuticals (0.22%) and Aegis Logistics (0.16%).

Sectors in Limelight

The HC index was at 7,573.23, up by 39.93 points or by 0.53%. The major gainers were Cadila Healthcare (1%), Divis Laboratories (0.85%), Cipla (0.72%), Biocon (0.48%) and Apollo Hospitals Enterprise (0.43%).

The FMCG index was at 5,765.29, up by 27.69 points or by 0.48%. The major gainers were Dabur India (1.53%), Godrej Consumer Products (1.32%), I T C (0.53%), Colgate-Palmolive (India) (0.32%) and Hindustan Unilever (0.3%).

The Bankex index was at 13,191.71, up by 51.92 points or by 0.40%. The major gainers were Canara Bank(1.12%), Bank Of India (0.83%), H D F C Bank (0.57%), Federal Bank (0.41%) and Bank Of Baroda (0.16%).

On the other hand, the IT index was at 5,649.38, down by 231.74 points or by 3.94%. The major losers were Infosys (7.91%), Hexaware Technologies (1.14%), Mphasis (0.71%), H C L Technologies (0.38%) and Oracle Financial Services Software (0.26%).

Market Breadth

Market breadth was positive with 508 advances against 302 declines.

Value and Volume Toppers

Infosys topped the value chart on the BSE with a turnover of Rs. 262.61 million. It was followed by State Bank Of India (Rs. 29.89 million), Tata Motors (Rs. 29.74 million) and Tata Steel (Rs. 27.10 million).

The volume chart was led by Unitech with trades of over 0.48 million shares. It was followed by Tulip Telecom (0.40 million), Kingfisher Airlines (0.31 million) and Sanguine Media (0.20 million).

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.


Read More


Astrology


follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook