Indian equities continued to trade lower post noon trade on
Friday amid weak global cues. Realty, auto and power stocks led the
decline. At 01.49 p.m., the Sensex was trading down 119.84 points
or 0.62% at 19,334.08 with 27 components falling. Meanwhile, the
Nifty was trading lower by 47.05 points or 0.80% at 5,869.35 with
47 components falling.
The 30-share benchmark index, BSE Sensex opened with a decline
of 59.37 points or 0.31% at 19,394.55, while the broad based NSE
Nifty started with a fall of 28.40 points or 0.48%, at
Reliance Industries contributed fall of 16.01 points in the
Sensex. It was followed by HDFC Bank (14.48 points), Tata Motors
(12.51 points), Bharti Airtel (10.55 points) and Oil & Natural
Gas Corporation (8.99 points).
However, Tata Consultancy Services contributed rise of 8.73
points in the Sensex. It was followed by Infosys (2.74 points),
Hindustan Unilever (2.35 points), Grasim Industries (1.13 points)
and Hero Motocorp (0.1 points).
Major gainers in the 30-share index were Tata Consultancy
Services (1.00%), Hindustan Unilever (0.35%), and Infosys
On the other hand, Sterlite Industries (India) (2.11%), Bharti
Airtel (2.10%), Tata Motors (2.00%), Jindal Steel & Power
(1.95%), Sun Pharmaceutical Industries (1.63%), and Hindalco
Industries (1.43%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts declining -0.85% and -0.92% respectively.The major
losers in the BSE Midcap were Allahabad Bank(2.55%), CORE Education
and Technologies (1.94%), ABG Shipyard (1.65%), Aban Offshore
(0.79%) and Alstom India (0.6%).The major losers in the BSE
Smallcap were Aarti Industries (1.48%), A2Z Maintenance &
Engineering Services (1.01%), Trident (0.86%), Adhunik Metaliks
(0.74%) and Reliance MediaWorks (0.06%).
Sectors in Limelight
The Realty index was at 2,089.13, down by 33.95 points or by
1.6%. The major losers were Anant Raj (3.9%), D B Realty (1.67%),
Indiabulls Real Estate (1.55%), D L F (1.33%) and Godrej Properties
The Auto index was at 11,269.08, down by 137.91 points or by
1.21%. The major losers were Exide Industries (1.35%), Bajaj Auto
(1.07%), Bharat Forge (0.94%), Ashok Leyland (0.92%) and Hero
The Oil & Gas index was at 8,374.01, down by 95.23 points or
by 1.12%. The major losers were Cairn India (2.72%), Gujarat State
Petronet (2.38%), Bharat Petroleum Corporation (1.17%), Hindustan
Petroleum Corporation (1.04%) and G A I L (India) (0.47%).
On the other hand, the IT index was at 5,645.08, up by 7.18
points or by 0.13%. The major gainers were Tata Consultancy
Services (1%), Hexaware Technologies (0.34%), Financial
Technologies (India) (0.29%) and Infosys (0.21%).
Market breadth was negative with 978 advances against 1,769
Value and Volume Toppers
Jet Airways (India) topped the value chart on the BSE with a
turnover of Rs. 546.25 million. It was followed by United Spirits
(Rs. 514.07 million), Bajaj Finance (Rs. 466.38 million) and State
Bank Of India (Rs. 427.93 million).
The volume chart was led by GTL Infrastructure with trades of
over 13.45 million shares. It was followed by Kingfisher Airlines
(3.85 million), Unitech (3.05 million) and Marksans Pharma (2.93