Indian equities bounced back on Tuesday snapping earlier losses.
At 10.07 a.m., the Sensex was trading up 10.82 points or 0.06% at
18,553.13 with 15 components gaining. Meanwhile, the Nifty was
trading lower by 1.35 points or 0.02% at 5,608.65 with 23
The 30-share benchmark index, BSE Sensex opened with a decline
of 27.59 points or 0.15% at 18,514.72, while the broad based NSE
Nifty started with a fall of 7.60 points or 0.14%, at 5,602.40.
I T C contributed rise of 28.19 points
in the Sensex. It was followed by Infosys (26.95 points), State
Bank Of India (9.32 points), Reliance Communications (5.56 points)
and Bharti Airtel (5 points).
However, I C I C I Bank contributed fall of 18.9 points in the
Sensex. It was followed by Housing Development Finance Corporation
(17.62 points), Reliance Industries (11.46 points), Tata
Consultancy Services (7.03 points) and Tata Motors (6.88
Biggest gainers in the 30-share index were Bharat Heavy
Electricals (2.39%), Infosys (1.77%), I T C (1.62%), G A I L
(India) (1.54%), State Bank Of India (1.49%), and Bharti Airtel
On the other hand, Wipro (1.73%), I C I C I Bank (1.38%),
Hindalco Industries (1.32%), Housing Development Finance
Corporation (1.26%), Tata Motors (1.13%), and Tata Steel (0.82%)
were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger
counterparts gaining 0.72% and 0.45% respectively. The major
gainers in the BSE Midcap were Aban Offshore (1.61%), Alstom India
(1.59%), A I A Engineering (0.72%), CORE Education and Technologies
(0.61%) and Allcargo Logistics (0.2%).The major gainers in the BSE
Smallcap were Action Construction Equipment (5.29%), Reliance
MediaWorks (4.66%), A2Z Maintenance & Engineering Services
(2.93%), Trident (2.86%) and Styrolution ABS (India) (1.57%).
Sectors in Limelight
The Power index was at 1,942.71, up by 20.96 points or by 1.09%.
The major gainers were Adani Power (3.63%), Bharat Heavy
Electricals (2.39%), Crompton Greaves (2.19%), Reliance
Infrastructure (1.74%) and A B B (0.72%).
The FMCG index was at 5,258.92, up by 50.31 points or by 0.97%.
The major gainers were United Spirits (2.96%), I T C (1.62%),
United Breweries (1.34%), Jubilant FoodWorks (0.65%) and Hindustan
The TECk index was at 3,458.43, up by 28.69 points or by 0.84%.
The major gainers were Reliance MediaWorks (4.66%), Idea Cellular
(1.39%), Bharti Airtel (1.25%), Oracle Financial Services Software
(1.01%) and Mphasis (0.12%).
On the other hand, the Metal index was at 10,492.26, down by
28.82 points or by 0.27%. The major losers were Hindalco Industries
(1.32%), Hindustan Zinc (1.27%), JSW Steel (0.99%), Bhushan Steel
(0.6%) and Coal India (0.45%).
Market breadth was positive with 1,356 advances against 641
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a
turnover of Rs. 401.81 million. It was followed by United Spirits
(Rs. 161.14 million), Kingfisher Airlines (Rs. 122.47 million) and
Housing Development and Infrastructure (Rs. 105.02 million).
The volume chart was led by Kingfisher Airlines with trades of
over 9.26 million shares. It was followed by I F C I (2.55
million), Spicejet (2.41 million) and Lanco Infratech (2.25