Indian markets still trading on a flat notewith some buying
interest seen in oil & gas and realty stocks. At 12.01 p.m.,
the Sensex was trading up 46.82 points or 0.25% at 18,760.37 with
20 components gaining. Meanwhile, the Nifty was trading higher by
17.60 points or 0.31% at 5,704.85 with 36 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
71.20 points or 0.38% at 18,784.75, while the broad based NSE Nifty
started with a rise of 18.35 points or 0.32%, at 5,705.60.
Housing Development Finance Corporation contributed rise of
17.18 points in the Sensex. It was followed by Tata Consultancy
Services (9.51 points), ICICI Bank (7.78 points), Infosys (7.77
points) and Bharti Airtel (5.98 points).
However, Tata Motors contributed fall of 10.24 points in the
Sensex. It was followed by Hindustan Unilever (5.2 points), HDFC
Bank (3.79 points), ACC (1.7 points) and Mahindra & Mahindra
Major gainers in the 30-share index were Maruti Suzuki India
(1.51%), Bharti Airtel (1.46%), Housing Development Finance
Corporation (1.28%), Tata Consultancy Services (1.05%), Tata Power
Company (1.01%), and Infosys (0.56%).
On the other hand, Tata Motors (1.69%), Hindustan Unilever
(0.71%), GAIL (India) (0.58%), Hindalco Industries (0.33%), Dr
Reddy"s Laboratories (0.32%), and Mahindra & Mahindra (0.28%)
were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.39% and 0.41% respectively. The major
gainers in the BSE Midcap were CORE Education and Technologies
(2.58%), Alstom India (1.79%), AIA Engineering (0.76%), Aban
Offshore (0.73%) and Allahabad Bank (0.36%).The major gainers in
the BSE Smallcap were Reliance MediaWorks (4.06%), Aarti Industries
(2.1%), Advanta India (0.93%), Action Construction Equipment
(0.79%) and Trident (0.56%).
Sectors in Limelight
The Oil & Gas index was at 8,667.95, up by 79.29 points or
by 0.92%. The major gainers were Cairn India (1.62%), Gujarat State
Petronet (1.61%), Oil India (0.35%), Indian Oil Corporation (0.31%)
and Oil & Natural Gas Corporation (0.18%).
The Realty index was at 1,894.71, up by 15.26 points or by
0.81%. The major gainers were DB Realty (4.96%), Godrej Properties
(3.15%), Indiabulls Real Estate (2.15%), Housing Development and
Infrastructure (0.8%) and DLF (0.41%).
The IPO index was at 1,670.50, up by 11.71 points or by 0.71%.
The major gainers were Bedmutha Industries (2.83%), C.Mahendra
Exports (1.32%), Birla Pacific Medspa (1.17%), Claris Lifesciences
(0.72%) and Acropetal Technologies (0.65%).
On the other hand, the Auto index was at 10,240.09, down by 3.74
points or by 0.04%. The major losers were Tata Motors (1.61%) and
Mahindra & Mahindra (0.14%).
Market breadth was positive with 1,432 advances against 1,016
Value and Volume Toppers
Yes Bank topped the value chart on the BSE with a turnover of
Rs. 6,295.48 million. It was followed by United Spirits (Rs. 416.15
million), Reliance Industries (Rs. 356.05 million) and Axis Bank
(Rs. 335.07 million).
The volume chart was led by Yes Bank with trades of over 16.23
million shares. It was followed by Cals Refineries (10.23 million),
Essar Oil (2.74 million) and India Cements (1.72 million).