Indian equities pared some of its gains in the post noon trade
on Wednesday. Consumer durables andrealty stocks led the rise while
power stocks witnessed a fall.
At 1.19 pm, the Sensex was trading up 62.68 points or 0.34% at
18,392 with 17 components gaining. Meanwhile, the Nifty was trading
higher by 14.45 points or 0.26% at 5,586 with 30 components
The 30-share benchmark index, BSE Sensex opened with a gain of
50.58 points or 0.28% at 18,379.90, while the broad based NSE Nifty
started with a rise of 10.95 points or 0.20%, at 5,582.50.
I C I C I Bank contributed rise of
21.46 points in the Sensex. It was followed by I T C (20.1 points),
Infosys (13.72 points), H D F C Bank (7.27 points) and Sun
Pharmaceutical Industries (6.58 points).
However, Housing Development Finance Corporation contributed
fall of 10.56 points in the Sensex. It was followed by Bharti
Airtel (7.49 points), NTPC (4.92 points), Bharat Heavy Electricals
(4.15 points) and State Bank Of India (3.94 points).
Major gainers in the 30-share index were Sun Pharmaceutical
Industries (1.98%), Jindal Steel & Power (1.91%), Tata Power
Company (1.63%), I C I C I Bank (1.53%), Cipla (1.47%), and I T C
On the other hand, Bharat Heavy Electricals (1.78%), Bharti
Airtel (1.58%), NTPC (1.52%), Hero Motocorp (1.24%), Maruti Suzuki
India (0.98%), and Housing Development Finance Corporation (0.75%)
were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 0.04% and 0.20% respectively.The major gainers
in the BSE Midcap were Anant Raj Industries (6.28%), Apollo Tyres
(1.46%), Amtek Auto (1.05%), Andhra Bank (0.75%) and Allahabad Bank
(0.23%).The major gainers in the BSE Smallcap were Aanjaneya
Lifecare (5.32%), Reliance MediaWorks (2.31%), A2Z Maintenance
& Engineering Services (1.12%), Aarti Industries (0.85%) and
Aegis Logistics (0.06%).
Sectors in Limelight
The Consumer Durables index was at 7,490.19, up by 101.81 points
or by 1.38%. The major gainers were Titan Industries (2.11%),
Whirlpool Of India (0.84%), Blue Star (0.78%), Bajaj Electricals
(0.6%) and Gitanjali Gems (0.08%).
The Realty index was at 1,852.79, up by 20.29 points or by
1.11%. The major gainers were D B Realty (7.78%), Anant Raj
Industries (6.28%), Godrej Properties (1.69%), Housing Development
and Infrastructure (1.5%) and Oberoi Realty (0.29%).
The FMCG index was at 5,751.43, up by 51.80 points or by 0.91%.
The major gainers were I T C (1.12%), Hindustan Unilever (0.69%),
Colgate-Palmolive (India) (0.49%), Jubilant FoodWorks (0.28%) and
United Breweries (0.18%).
On the other hand, the Power index was at 1,929.62, down by 8.18
points or by 0.42%. The major losers were Bharat Heavy Electricals
(1.78%), Crompton Greaves (1.13%), G M R Infrastructure (0.83%),
JSW Energy (0.25%) and Adani Power (0.11%).
Market breadth was negative with 1,322 advances against 1,329
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 518.06 million. It was followed by L&T Finance
Holdings (Rs. 423.70 million), Tata Coffee (Rs. 420.20 million) and
United Spirits (Rs. 349.69 million).
The volume chart was led by L&T Finance Holdings with trades
of over 5.53 million shares. It was followed by Spicejet (3.68
million), Cals Refineries (2.79 million) and Reliance
Communications (2.04 million).