Sensex adds 92 pts; Auto, Realty, Metal rally - The New Indian Express

Sensex adds 92 pts; Auto, Realty, Metal rally

Published: 19th December 2012 12:18 PM

Last Updated: 19th December 2012 12:18 PM

Indian equities are trading higher on Wednesday on relentless buying seen in auto, realty, metal and oil & gasstocks in anticipation that RBI may easemonetary policy bynext month.

At 11.49 a.m., the Sensex was trading up 92 points or 0.48% at 19,456.75 with 24 components gaining. Meanwhile, the Nifty was trading higher by 27.65 points or 0.47% at 5,924.45 with 41 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 65.16 points or 0.34% at 19,429.91, while the broad based NSE Nifty started with a rise of 20.50 points or 0.35%, at 5,917.30.

Sensex Movers

Tata Motors contributed rise of 17.57 points in the Sensex. It was followed by Reliance Industries (17.07 points), Tata Consultancy Services (15.47 points), Oil & Natural Gas Corporation (12.78 points) and HDFC Bank (12.22 points).

However, Housing Development Finance Corporation contributed fall of 24.3 points in the Sensex. It was followed by ICICI Bank (12.71 points), ITC (9 points), Larsen & Toubro (5.86 points) and Hindustan Unilever (2.07 points).

Biggest gainers in the 30-share index were Tata Motors (2.79%), Bajaj Auto (2.56%), Maruti Suzuki India (2.35%), Oil & Natural Gas Corporation (1.89%), Tata Steel (1.87%), and Tata Consultancy Services (1.76%).

On the other hand, Housing Development Finance Corporation (1.60%), ICICI Bank (0.83%), Larsen & Toubro (0.54%), ITC (0.46%), NTPC (0.39%), and Hindustan Unilever (0.31%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.66% and 0.59% respectively. The major gainers in the BSE Midcap were ABG Shipyard (1.56%), Allahabad Bank (1.46%), Aban Offshore (1.42%), Amara Raja Batteries (0.71%) and Alstom India (0.22%).The major gainers in the BSE Smallcap were Trident (2.41%), A2Z Maintenance & Engineering Services (1.85%), Adhunik Metaliks (1.59%), Action Construction Equipment (1.32%) and Styrolution ABS (India) (0.93%).

Sectors in Limelight

The Auto index was at 11,475.22, up by 188.52 points or by 1.67%. The major gainers were Bajaj Auto (2.56%), Exide Industries (1.74%), Ashok Leyland (1.45%), Hero Motocorp (0.61%) and Cummins India (0.21%).

The Realty index was at 2,152.81, up by 32.14 points or by 1.52%. The major gainers were D B Realty (2.49%), DLF (1.48%), Anant Raj (1.32%), Indiabulls Real Estate (0.73%) and Housing Development and Infrastructure (0.25%).

The Metal index was at 11,097.09, up by 150.42 points or by 1.37%. The major gainers were Hindalco Industries (1.61%), Jindal Steel & Power (1.33%), JSW Steel (1.19%), Coal India (1.09%) and Bhushan Steel (1.01%).

On the other hand, the Capital Goods index was at 11,038.46, down by 26.69 points or by 0.24%. The major losers were Alstom T&D India (1.25%), Crompton Greaves (1.06%), AIA Engineering (0.86%), Lakshmi Machine Works (0.79%) and Larsen & Toubro (0.54%).

Market Breadth

Market breadth was positive with 1,546 advances against 1,036 declines.

Value and Volume Toppers

State Bank Of India topped the value chart on the BSE with a turnover of Rs. 361.16 million. It was followed by Karnataka Bank , The (Rs. 321.01 million), United Spirits (Rs. 318.01 million) and Reliance Capital (Rs. 311.45 million).

The volume chart was led by Alok Industries with trades of over 4.91 million shares. It was followed by Indiabulls Power (3.95 million), IFCI (3.29 million) and Cals Refineries (3.26 million).

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