Indian markets continued to trade in a lackluster note on
Monday. At 11.09 a.m., the Sensex was trading down 54.55 points or
0.29% at 18,620.63 with 19 components falling. Meanwhile, the Nifty
was trading lower by 16.10 points or 0.28% at 5,659.95 with 31
The 30-share benchmark index, BSE Sensex opened flat with a rise
of 15.81 points or 0.08% at 18,690.99, while the broad based NSE
Nifty started with a fall of 1.80 points or 0.03%, at 5,674.25.
I C I C I Bank contributed fall of 15.2
points in the Sensex. It was followed by Housing Development
Finance Corporation (9.23 points), Infosys (5.44 points), H D F C
Bank (5.36 points) and I T C (5.35 points).
However, Reliance Industries contributed rise of 8.75 points in
the Sensex. It was followed by Hindustan Unilever (1.75 points),
Hindalco Industries (1.72 points), Sun Pharmaceutical Industries
(1.18 points) and Wipro (1.04 points).
Major gainers in the 30-share index were Cipla (0.95%), Hindalco
Industries (0.93%), Bajaj Auto (0.81%), Dr Reddy"S Laboratories
(0.54%), Reliance Industries (0.49%), and Wipro (0.38%).
On the other hand, Maruti Suzuki India (1.32%), Bharti Airtel
(1.11%), I C I C I Bank (1.06%), G A I L (India) (1.04%), Sterlite
Industries (India) (1.02%), and Tata Motors (0.74%) were the major
losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.06% and 0.60% respectively. The major
gainers in the BSE Midcap were A I A Engineering (1.53%), Amtek
Auto (1.52%), Amara Raja Batteries (1.4%), Aban Offshore (0.81%)
and Amtek India (0.61%).The major gainers in the BSE Smallcap were
Adhunik Metaliks (7.69%), Action Construction Equipment (2.56%),
Styrolution ABS (India) (0.89%), Aarti Industries (0.83%) and A2Z
Maintenance & Engineering Services (0.35%).
Sectors in Limelight
The Bankex index was at 13,001.55, down by 85.37 points or by
0.65%. The major losers were Federal Bank (1.39%), I C I C I Bank
(1.06%), H D F C Bank (0.39%), Bank Of India (0.32%) and Bank Of
The Consumer Durables index was at 7,154.11, down by 40.92
points or by 0.57%. The major losers were Gitanjali Gems (1.01%),
Titan Industries (0.8%), Blue Star (0.47%), Rajesh Exports (0.45%)
and C.Mahendra Exports (0.06%).
The TECk index was at 3,302.86, down by 11.42 points or by
0.34%. The major losers were Deccan Chronicle Holdings (4.9%), Dish
TV India (1.29%), Bharti Airtel (1.11%), Oracle Financial Services
Software (0.52%) and D B Corp (0.23%).
On the other hand, the HC index was at 7,610.82, up by 40.69
points or by 0.54%. The major gainers were Divis Laboratories
(2.03%), Cadila Healthcare (1.19%), Cipla (0.95%), Glaxo SmithKline
Pharmaceuticals (0.78%) and Dr Reddy"S Laboratories (0.54%).
Market breadth was positive with 1,235 advances against 1,049
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 332.47 million. It was followed by Infosys (Rs. 246.94
million), State Bank Of India (Rs. 172.95 million) and T T K
Prestige (Rs. 152.91 million).
The volume chart was led by Kingfisher Airlines with trades of
over 4.07 million shares. It was followed by Unitech (3.09
million), TV18 Broadcast (1.81 million) and Cals Refineries (1.55