Sensex flat with negative bias; HUL, ITC, RIL fall
Published: 01st November 2012 11:18 AM
Last Updated: 01st November 2012 11:18 AM
Indian equities are trading flat with negative bias in early
trade onThursday. At 10.24 am, the Sensex was trading down 20.25
points or 0.11% at 18,485.13 with 12 components falling. Meanwhile,
the Nifty was trading lower by 7.35 points or 0.13% at 5,612.35
with 23 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a
decline of 17.48 points or 0.09% at 18,487.90, while the broad
based NSE Nifty started with a fall of 9.85 points or 0.18%, at
ITC contributed fall of 21.44 points in the Sensex. It was
followed by Hindustan Unilever (17.12 points), Reliance Industries
(16.72 points), Infosys (6.47 points) and Oil & Natural Gas
Corporation (5.5 points).
However, Tata Motors contributed rise of 18.18 points in the
Sensex. It was followed by Wipro (8.08 points), Larsen & Toubro
(4.78 points), Bharti Airtel (4 points) and Maruti Suzuki India
Biggest gainers in the 30-share index were Wipro (3.34%), Tata
Motors (3.14%), Cipla (1.61%), Maruti Suzuki India (1.28%), Hero
Motocorp (1.10%), and Bharti Airtel (0.97%).
On the other hand, Hindustan Unilever (2.46%), ITC (1.17%), G A
I L (India) (1.06%), Reliance Industries (1.01%), Jindal Steel
& Power (0.88%), and Oil & Natural Gas Corporation (0.80%)
were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.48% and 0.53% respectively. The major
gainers in the BSE Midcap were Alstom India (3.02%), A B G Shipyard
(1.01%), Amara Raja Batteries (0.84%), Aban Offshore (0.74%) and
Allahabad Bank (0.07%).The major gainers in the BSE Smallcap were
Trident (2.16%), Aarti Industries (1.46%), A2Z Maintenance &
Engineering Services (1.11%), Styrolution ABS (India) (0.89%) and
Aanjaneya Lifecare (0.28%).
Sectors in Limelight
The Consumer Durables index was at 7,191.44, up by 253.74 points
or by 3.66%. The major gainers were C.Mahendra Exports (1.96%),
Whirlpool Of India (1.73%), Blue Star (1.26%), Bajaj Electricals
(0.9%) and Gitanjali Gems (0.02%).
The Auto index was at 10,433.44, up by 126.18 points or by
1.22%. The major gainers were Maruti Suzuki India (1.28%), Exide
Industries (1.2%), Hero Motocorp (1.1%), Bajaj Auto (0.88%) and
The Realty index was at 1,785.58, up by 13.96 points or by
0.79%. The major gainers were Godrej Properties (1.76%), D B Realty
(1.58%), Indiabulls Real Estate (1.05%), Housing Development and
Infrastructure (0.42%) and D L F (0.07%).
On the other hand, the FMCG index was at 5,632.47, down by 54.83
points or by 0.96%. The major losers were Hindustan Unilever
(2.46%), I T C (1.17%), Godrej Consumer Products (0.79%) and
Colgate-Palmolive (India) (0.21%).
Market breadth was positive with 1,191 advances against 706
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 196.90 million. It was followed by Sobha Developers (Rs.
177.56 million), State Bank Of India (Rs. 163.25 million) and
Britannia Industries (Rs. 155.02 million).
The volume chart was led by Kingfisher Airlines with trades of
over 6.02 million shares. It was followed by Pudumjee Pulp &
Paper Mills (2.48 million), TV18 Broadcast (1.33 million) and
Spicejet (0.96 million).