Indian markets continues to trade sluggish in the post noon
trade on Thursday.Metal, oil & gas and consumer durables stocks
faced the brunt of profit booking. However, IT and capital goods
At 1.10 pm, the Sensex was trading down 23.16 points or 0.12% at
19,229.45 with 20 components falling. Meanwhile, the Nifty was
trading lower by 11.70 points or 0.20% at 5,806.90 with 36
The 30-share benchmark index, BSE Sensex opened with a decline
of 30.56 points or 0.16% at 19,222.05, while the broad based NSE
Nifty started with a fall of 17.30 points or 0.30%, at
Reliance Industries contributed fall
of 14.86 points in the Sensex. It was followed by I T C (12.01
points), Tata Motors (10.99 points), Hindustan Unilever (9.09
points) and Oil & Natural Gas Corporation (8.73 points).
However, Tata Consultancy Services contributed rise of 22.46
points in the Sensex. It was followed by Infosys (19.2 points),
Larsen & Toubro (9.99 points), Sun Pharmaceutical Industries
(6.6 points) and Hero Motocorp (6.31 points).
Biggest gainers in the 30-share index were Hero Motocorp
(3.22%), Tata Consultancy Services (2.13%), Wipro (1.89%), Sun
Pharmaceutical Industries (1.67%), Bharat Heavy Electricals
(1.38%), and Infosys (1.13%).
On the other hand, Jindal Steel & Power (3.15%), Hindalco
Industries (2.36%), Tata Motors (1.68%), Hindustan Unilever
(1.55%), Tata Steel (1.19%), and Oil & Natural Gas Corporation
(1.08%) were the major losers in the Sensex.
Sectors in Limelight
The IT index was at 7,055.51, up by 110.92 points or by 1.60%.
The major gainers were Hexaware Technologies (3.1%), Oracle
Financial Services Software (2.35%), Tech Mahindra (2.27%), H C L
Technologies (2.18%) and Infosys (1.13%).
The TECk index was at 4,031.90, up by 48.62 points or by 1.22%.
The major gainers were Deccan Chronicle Holdings (5.11%), Oracle
Financial Services Software (2.35%), Dish TV India (1.15%), D B
Corp (0.91%) and Reliance MediaWorks (0.08%).
The Metal index was at 9,196.46, down by 132.62 points or by
1.42%. The major losers were Jindal Steel & Power (3.15%),
Hindalco Industries (2.36%), Hindustan Zinc (1.21%), Coal India
(0.96%) and Bhushan Steel (0.23%).
The Oil & Gas index was at 8,760.39, down by 72.7 points or
by 0.82%. The major losers were Oil India (2.35%), Cairn India
(1.04%), Castrol India (0.85%), G A I L (India) (0.81%) and Indian
Oil Corporation (0.16%).
Market breadth was negative with 1,219 advances against 1,398
Value and Volume Toppers
Glenmark Pharmaceutical topped the value chart on the BSE with a
turnover of Rs. 494.77 million. It was followed by D L F (Rs.
352.67 million), Tata Consultancy Services (Rs. 330.16 million) and
State Bank Of India (Rs. 294.62 million).
The volume chart was led by Adani Power with trades of over 5.33
million shares. It was followed by Housing Development and
Infrastructure (3.00 million), Indiabulls Real Estate (2.67
million) and Shree Ashtavinayak Cine Vision (2.53 million).