Nifty regains 5,100; Tata Motors, ICICI Bank surge
Published: 15th June 2012 02:18 PM
Last Updated: 15th June 2012 02:18 PM
Indian markets gained further ground on relentless buying seen
in auto, banking and realty stocks.At 12.52 p.m., the Sensex was
trading up 148.88 points or 0.89% at 16,826.76 with 23 components
gaining. Meanwhile, the Nifty was trading higher by 47.55 points or
0.94% at 5,102.30 with 41 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
23.40 points or 0.14% at 16,701.28, while the broad based NSE Nifty
started with a rise of 14.80 points or 0.29%, at 5,069.55.
I C I C I Bank contributed rise of 30.01 points in the Sensex.
It was followed by Tata Motors (22.63 points), Reliance Industries
(21.06 points), H D F C Bank (18.44 points) and Infosys (10.59
However, Housing Development Finance Corporation contributed
fall of 5.17 points in the Sensex. It was followed by Sterlite
Industries (India) (4.15 points), Oil & Natural Gas Corporation
(3.57 points), NTPC (1.13 points) and Bharat Heavy Electricals
Major gainers in the 30-share index were Tata Motors (4.23%), I
C I C I Bank (2.64%), HeroMotocorp (2.52%), Coal India (1.99%), Sun
Pharmaceutical Industries (1.56%), and H D F C Bank (1.53%).
On the other hand, Sterlite Industries (India) (2.31%), Bajaj
Auto (1.17%), Oil & Natural Gas Corporation (0.54%), Housing
Development Finance Corporation (0.45%), NTPC (0.37%), and Tata
Power Company (0.33%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger
counterparts gaining 0.54% and 0.29% respectively.The major gainers
in the BSE Midcap were Alstom Projects India (1.35%), A I A
Engineering (1.21%), CORE Education and Technologies (0.93%), Aban
Offshore (0.33%) and A B G Shipyard (0.21%).The major gainers in
the BSE Smallcap were A B G Infralogistics (0.97%), Trident
(0.74%), A2Z Maintenance & Engineering Services (0.63%),
Reliance MediaWorks (0.18%) and Styrolution ABS (India)
Sectors in Limelight
The Auto index was at 9,135.78, up by 152.49 points or by 1.70%.
The major gainers were Hero Motocorp (2.52%), Exide Industries
(2.13%), Maruti Suzuki India (1.07%), Mahindra & Mahindra
(0.85%) and Bosch (0.77%).
The Bankex index was at 11,515.91, up by 177.19 points or by
1.56%. The major gainers were I C I C I Bank (2.64%), H D F C Bank
(1.53%), Indusind Bank (1.22%), Canara Bank (1.02%) and Bank Of
The Realty index was at 1,610.25, up by 15.81 points or by
0.99%. The major gainers were Indiabulls Real Estate (3.06%), D L F
(0.97%), Anant Raj Industries (0.86%), Housing Development and
Infrastructure (0.83%) and Godrej Properties (0.1%).
The Consumer Durables index was at 6,116.20, up by 55.26 points
or by 0.91%. The major gainers were Whirlpool Of India (1.37%),
Titan Industries (1.19%), Blue Star (0.84%), Videocon Industries
(0.58%) and Rajesh Exports (0.5%).
Market breadth was negative with 1,425 advances against 1,093
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 536.32 million. It was followed by Tata Motors (Rs.
435.77 million), Larsen & Toubro (Rs. 390.99 million) and M M T
C (Rs. 254.82 million).
The volume chart was led by Acil Cotton Industries with trades
of over 7.54 million shares. It was followed by Cals Refineries
(2.11 million), Tata Motors (1.84 million) and Housing Development
and Infrastructure (1.61 million).