Indian markets continued to fall for the fifth day on
Thursdayamid concern over the US fiscal cliff and geopolitical
tension in West Asia. At the close, the benchmark 30-share index,
BSE Sensex lost 147.50 or 0.79% at 18,471.37 with 22 components
posting drop. Meanwhile, the broad based NSE Nifty went down by
35.95 or 0.63% at 5,631 with 35 components posting drop.
ITC contributed fall of 47.22 points
in the Sensex. It was followed by Infosys (25.49 points), Tata
Consultancy Services (20.07 points), Tata Motors (10.73 points) and
Reliance Industries (10.41 points).
However, Bharti Airtel contributed rise of 12.22 points in the
Sensex. It was followed by Housing Development Finance Corporation
(12 points), Hindustan Unilever (5.66 points), Reliance
Communications (4.5 points) and D L F (3.46 points).
Major gainers in the 30-share index were Bharti Airtel (2.95%),
Bharat Heavy Electricals (1.01%), Housing Development Finance
Corporation (0.88%), Hindustan Unilever (0.81%), Coal India
(0.59%), and Maruti Suzuki India (0.52%).
On the other hand, Tata Steel (2.66%), I T C (2.57%), Jindal
Steel & Power (2.32%), Tata Consultancy Services (2.23%), Wipro
(2.19%), and Infosys (1.92%) were the biggest losers in the
Mid & Small-cap Space
The BSE Midcap settled lower -11.20 points or 0.28% at 6,718.10
however the Bse Smallcap gained 0.00 points or 0.00% at 7,191.99 at
the closing.The major losers in the BSE Midcap were Allahabad
Bank(1.26%), Alstom India (0.99%), CORE Education and Technologies
(0.84%), Aban Offshore (0.45%) and A I A Engineering (0.43%).The
major gainers in the BSE Smallcap were Adhunik Metaliks (11.33%),
Reliance MediaWorks (4.31%), Genesys International Corporation
(2.06%), Advanta India (1.69%) and Styrolution ABS (India)
Sectors in Limelight
The IT index was at 5,645.08, down by 103.11 points or by 1.79%.
The major losers were Hexaware Technologies (4.27%), Tech Mahindra
(2.72%), Infosys (1.92%), CORE Education and Technologies (0.84%)
and Oracle Financial Services Software (0.22%).
The Metal index was at 9,918.73, down by 167.03 points or by
1.66%. The major losers were NMDC (4.23%), Jindal Steel & Power
(2.32%), Hindalco Industries (1.85%), Hindustan Zinc (1.51%) and
JSW Steel (1.51%).
The FMCG index was at 5,748.03, down by 75.43 points or by 1.3%.
The major losers were United Breweries (9.92%), I T C (2.57%),
Jubilant FoodWorks (2.14%), Colgate-Palmolive (India) (0.54%) and
Godrej Consumer Products (0.01%).
On the other hand, the Realty index was at 1,954.82, up by 37.70
points or by 1.97%. The major gainers were Unitech (6.38%), Oberoi
Realty (4.05%), D L F (3.23%), Indiabulls Real Estate (3.15%) and
Sobha Developers (0.2%).
Market breadth was negative with 1,222 advances against 1,670
Value and Volume Toppers
United Spirits topped the value chart on the BSE with a turnover
of Rs. 4,746.96 million. It was followed by L&T Finance
Holdings (Rs. 2,001.09 million), State Bank Of India (Rs. 672.77
million) and TV18 Broadcast (Rs. 582.57 million).
The volume chart was led by L&T Finance Holdings with trades
of over 23.21 million shares. It was followed by TV18 Broadcast
(16.34 million), Spicejet (7.42 million) and Reliance
Communications (5.70 million).