Indian equities dropped on Tuesday erasing earlier gains. At the
close, the benchmark 30-share index, BSE Sensex declined 133.97
pointsor 0.72% at 18,579.58 with 23 components posting drop.
Meanwhile, the broad based NSE Nifty went down by 42.35 or 0.74% at
5,644.90 with 40 components posting drop (provisional -updated as
on 3.30 pm).
Reliance Industries contributed fall of 25.51 points in the
Sensex. It was followed by Larsen & Toubro (17.14 points), Tata
Motors (14.71 points), Mahindra & Mahindra (12.31 points) and I
C I C I Bank (12.2 points).
However, Bharti Airtel contributed rise of 7.23 points in the
Sensex. It was followed by Maruti Suzuki India (5.1 points), I T C
(4.78 points), Grasim Industries (3.17 points) and Hero Motocorp
Biggest gainers in the 30-share index were Maruti Suzuki India
(2.20%), Bharti Airtel (1.79%), Hero Motocorp (1.50%), Sun
Pharmaceutical Industries (0.29%), I T C (0.26%), and Housing
Development Finance Corporation (0.16%).
On the other hand, Tata Steel (2.68%), Mahindra & Mahindra
(2.67%), Tata Motors (2.45%), Hindalco Industries (2.42%), Tata
Power Company (2.17%), and Bharat Heavy Electricals (2.07%) were
the biggest 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 Alstom India (1.97%), CORE Education
and Technologies (1.31%), Apollo Hospitals Enterprise (1.08%), Dish
TV India (0.66%) and Astrazeneca Pharma India (0%).The major
gainers in the BSE Smallcap were Aarti Industries (1.34%), Genesys
International Corporation (0.85%), Reliance MediaWorks (0.79%),
Aegis Logistics (0.65%) 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 (1.33%) and Gujarat
State Petronet (1.11%).
The Realty index was at 1,894.71, up by 15.26 points or by
0.81%. The major gainers were D B Realty (4.96%), Godrej Properties
(1.26%), Parsvnath Developers (0.63%) and Oberoi Realty
The IPO index was at 1,670.50, up by 11.71 points or by 0.71%.
The major gainers were Bedmutha Industries (3%), Acropetal
Technologies (2.94%), Commercial Engineers and Body Builders
Company (1.93%), Future Ventures India (1.09%) and BS TransComm
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 Mahindra & Mahindra
(2.67%), Tata Motors (2.45%), Ashok Leyland (1.27%) and Bajaj Auto
Market breadth was negative with 1,229 advances against 1,719
Value and Volume Toppers
Yes Bank topped the value chart on the BSE with a turnover of
Rs. 6,832.99 million. It was followed by United Spirits (Rs.
1,158.00 million), Reliance Industries (Rs. 1,029.69 million) and
State Bank Of India (Rs. 805.52 million).
The volume chart was led by Yes Bank with trades of over 17.97
million shares. It was followed by Shri Ganesh Spinners (15.30
million), Cals Refineries (12.62 million) and Jain Irrigation
Systems (6.85 million).