Indian equitiessettled lower on Monday led by losses seen in
metal, realty and consumer durables stocks. At the close, the
benchmark 30-share index, BSE Sensex lost 40.56 pointsor 0.21% at
18,877.96 with 19 components posting drop. Meanwhile, the broad
based NSE Nifty fell by 21.20 points or 0.37% at 5,698.50 with 39
components posting drop.Sensex Movers
Larsen & Toubro contributed fall of 22.94 points in the
Sensex. It was followed by Hindustan Unilever (15.08 points), Tata
Steel (11.58 points), Housing Development Finance Corporation (9.48
points) and Oil & Natural Gas Corporation (7.91 points).
However, H D F C Bank contributed rise of 13.02 points in the
Sensex. It was followed by I T C (12.95 points), Tata Consultancy
Services (7.35 points), Bharti Airtel (7.1 points) and Reliance
Industries (6.37 points).
Biggest gainers in the 30-share index were Dr Reddy's
Laboratories (1.52%), Bharti Airtel (1.46%), H D F C Bank (0.94%),
Tata Consultancy Services (0.71%), I T C (0.69%), and Cipla
On the other hand, Hindalco Industries (4.55%), Jindal Steel
& Power (4.26%), Tata Steel (4.26%), Sterlite Industries
(India) (2.74%), Hindustan Unilever (2.63%), and Larsen &
Toubro (2.52%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts declining 1.37% and 1.89% respectively.The major
losers in the BSE Midcap were Aban Offshore (3.17%), Alstom India
(2.92%), A B G Shipyard (2.86%), Allahabad Bank (0.55%) and A I A
Engineering (0.19%).The major losers in the BSE Smallcap were
Aanjaneya Lifecare (5%), A2Z Maintenance & Engineering Services
(4.58%), Styrolution ABS (India) (2.03%), Trident (0.86%) and Aarti
Sectors in Limelight
The Metal index was at 8,893.09, down by 231.71 points or by
2.54%. The major losers were Hindalco Industries (4.55%), Jindal
Steel & Power (4.26%), JSW Steel (4.19%), Hindustan Zinc
(2.62%) and Bhushan Steel (0.72%).
The Realty index was at 1,887.95, down by 43.45 points or by
2.25%. The major losers were Anant Raj (6.73%), Indiabulls Real
Estate (5.09%), D L F (3.39%), Oberoi Realty (2.06%) and Housing
Development and Infrastructure (0.34%).
The Consumer Durables index was at 7,242.68, down by 158.78
points or by 2.15%. The major losers were Bajaj Electricals
(3.54%), Rajesh Exports (3.33%), Whirlpool Of India (2.09%),
Gitanjali Gems (0.88%) and Blue Star (0.74%).
On the other hand, the Bankex index was at 13,277.13, up by
35.26 points or by 0.27%. The major gainers were H D F C Bank
(0.94%), Axis Bank (0.47%), State Bank Of India (0.43%), Yes Bank
(0.3%) and I C I C I Bank (0.18%).
Market breadth was negative with 881 advances against 2,009
Value and Volume Toppers
NHPC topped the value chart on the BSE with a turnover of Rs.
1,930.15 million. It was followed by State Bank Of India (Rs.
575.42 million), Jet Airways (India) (Rs. 407.05 million) and
Strides Arcolab (Rs. 312.56 million).
The volume chart was led by NHPC with trades of over 98.48
million shares. It was followed by Suzlon Energy (10.55 million), I
F C I (4.77 million) and CORE Education and Technologies (3.86