Indian equitiescontinue to trade higher in afternoon trade on
Wednesday ledby IT, auto and tech stocks. At 12.54 p.m, the Sensex
was trading up 60.74 points or 0.34% at 17,913.69 with 17
components gaining. Meanwhile, the Nifty was trading higher by
15.05 points or 0.28% at 5,405.05 with 26 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of
63.18 points or 0.35% at 17,916.13, while the broad based NSE Nifty
started with a rise of 14.45 points or 0.27%, at 5,404.45.
Tata Consultancy Services contributed rise of 16.72 points in
the Sensex. It was followed by Tata Motors (16.69 points), Larsen
& Toubro (13.45 points), Hindustan Unilever (7.9 points) and
HDFC Bank (7.5 points).
However, Bharat Heavy Electricals
contributed fall of 4.31 points in the Sensex. It was followed by
Housing Development Finance Corporation (3.62 points), NTPC (2.8
points), Hero Motocorp (2.55 points) and Bharti Airtel (2.01
Biggest gainers in the 30-share index were Tata Motors (3%),
Coal India (2.19%), Dr Reddy"s Laboratories (1.83%), Tata
Consultancy Services (1.73%), Larsen & Toubro (1.49%), and
On the other hand, Jindal Steel & Power (2.89%), Bharat
Heavy Electricals (2.09%), Cipla (1.66%), Hero Motocorp (1.18%),
Hindalco Industries (1.05%), and NTPC (0.83%) were the biggest
losers in the Sensex.
Mid & Small-cap Space
BSE Midcap and Smallcap index rose 0.32% and 0.45%
Sectors in Limelight
The IT index was at 6,089.30, up by 53.28 points or by 0.88%.
The major gainers were Tech Mahindra (3.13%), Oracle Financial
Services Software (0.46%), Infosys (0.38%), HCL Technologies
(0.34%) and Hexaware Technologies (0.11%).
The TECk index was at 3,443.75, up by 23.42 points or by 0.68%.
The major gainers were Dish TV India (0.84%), Oracle Financial
Services Software (0.46%), Infosys (0.38%), H C L Technologies
(0.34%) and D B Corp (0.23%).
On the other hand, the Power index was at 1,866.72, down by 19.8
points or by 1.05%. The major losers were Crompton Greaves (2.65%),
Bharat Heavy Electricals (2.09%), Reliance Infrastructure (1.76%),
Adani Power (1.05%) and A B B (0.45%).
Market breadth was positive with 1,424 advances against 1,231
Value and Volume Toppers
Siemens topped the value chart on the BSE with a turnover of Rs.
3,657.85 million. It was followed by Glaxo SmithKline
Pharmaceuticals (Rs. 498.43 million), Andhra Pradesh Paper Mills
(Rs. 395.42 million) and United Spirits (Rs. 359.45 million).
The volume chart was led by Cals Refineries with trades of over
5.77 million shares. It was followed by Siemens (5.41 million),
Spicejet (4.09 million) and NOCIL (2.52 million).