Sensex down 35 pts; Sterlite, Tata Motors, ITC fall
Published: 22nd October 2012 10:18 AM
Last Updated: 22nd October 2012 10:18 AM
Indian equities dropped on Monday. At 10.02 a.m., the Sensex was
trading down 34.97 points or 0.19% at 18,647.34 with 19 components
falling. Meanwhile, the Nifty was trading lower by 17.05 points or
0.30% at 5,667.20 with 37 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline
of 26.38 points or 0.14% at 18,655.93, while the broad based NSE
Nifty started with a fall of 16.65 points or 0.29%, at
I T C contributed fall of 25.52 points
in the Sensex. It was followed by Tata Motors (8.74 points), Larsen
& Toubro (8.41 points), Housing Development Finance Corporation
(8 points) and State Bank Of India (7.23 points).
However, Tata Consultancy Services contributed rise of 15.78
points in the Sensex. It was followed by I C I C I Bank (12.48
points), Hindustan Unilever (5.73 points), H D F C Bank (3.79
points) and Infosys (3.63 points).
Major gainers in the 30-share index were Tata Consultancy
Services (1.76%), Dr Reddy'S Laboratories (1.48%), Cipla (1.23%), G
A I L (India) (1.10%), I C I C I Bank (0.88%), and Hindustan
On the other hand, Sterlite Industries (India) (1.54%), Tata
Motors (1.45%), I T C (1.39%), Jindal Steel & Power (1.22%),
Sun Pharmaceutical Industries (1.07%), and Hindalco Industries
(1.04%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Midcap index was at 6664.35 down by 7.27 points or by
0.11%.The major losers were Allcargo Logistics (2.96%), Amara Raja
Batteries (2.66%), Amtek Auto (1.24%), Aban Offshore (1.08%) and
Andhra Bank (0.04%).
Sectors in Limelight
The Realty index was at 1,828.30, down by 15.85 points or by
0.86%. The major losers were Godrej Properties (2.21%), Housing
Development and Infrastructure (1.31%), Indiabulls Real Estate
(0.88%), D L F (0.61%) and D B Realty (0.43%).
The Capital Goods index was at 10,982.24, down by 86.68 points
or by 0.78%. The major losers were BEML (1.15%), Crompton Greaves
(0.92%), A B B (0.88%), Bharat Heavy Electricals (0.78%) and Bharat
The FMCG index was at 5,856.25, down by 45.72 points or by
0.77%. The major losers were I T C (1.39%), Jubilant FoodWorks
(1.09%), Godrej Consumer Products (0.99%), Dabur India (0.42%) and
Colgate-Palmolive (India) (0.28%).
On the other hand, the IT index was at 5,741.79, up by 41.42
points or by 0.73%. The major gainers were CORE Education and
Technologies (0.55%), Oracle Financial Services Software (0.42%),
Mphasis (0.35%), Infosys (0.26%) and Hexaware Technologies
Market breadth was negative with 856 advances against 912
Value and Volume Toppers
Tata Consultancy Services topped the value chart on the BSE with
a turnover of Rs. 126.63 million. It was followed by United Spirits
(Rs. 102.19 million), Tribhovandas Bhimji Zaveri (Rs. 86.58
million) and State Bank Of India (Rs. 85.81 million).
The volume chart was led by Subex with trades of over 1.60
million shares. It was followed by Dazzel Confindive (0.94
million), Firstsource Solutions (0.79 million) and TV18 Broadcast