Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
26 October, 2014 03:33 IST
News
Sensex edges higher; Hindalco, Tata Power, Jindal Steel rise
Source: IRIS | 09 Nov, 2012, 11.14AM
Comments  |  Post Comment

Indian equities are persistently trading on a flat note amid volatility in Friday's trade. BSE Midcap and Smallcap index outperformed the benchmark indices. Metal and realty stocks traded higher while IT and oil & gas stocks edged lower.

At 11.03 a.m., the Sensex was trading up 8.96 points or 0.05% at 18,855.22 with 21 components gaining. Meanwhile, the Nifty was trading lower by 3.50 points or 0.06% at 5,735.25 with 20 components falling.

The 30-share benchmark index, BSE Sensex opened flat with a decline of 13.51 points or 0.07% at 18,832.75, while the broad based NSE Nifty started with a fall of 7.65 points or 0.13%, at 5,731.10.

Sensex Movers

ITC contributed rise of 9.41 points in the Sensex. It was followed by HDFC Bank (4.61 points), Sun Pharmaceutical Industries (3.56 points), Tata Steel (3.25 points) and Tata Power Company (2.86 points).

However, Oil & Natural Gas Corporation contributed fall of 13.72 points in the Sensex. It was followed by Infosys (12.42 points), ICICI Bank (7.37 points), Hero Motocorp (2.47 points) and Tata Motors (2.39 points).

Biggest gainers in the 30-share index were Hindalco Industries (1.40%), Tata Power Company (1.38%), Jindal Steel & Power (1.19%), Sun Pharmaceutical Industries (1.06%), Maruti Suzuki India (1.02%), and Tata Steel (1.00%).

On the other hand, Oil & Natural Gas Corporation (1.96%), Hero Motocorp (1.11%), Infosys (0.92%), Sterlite Industries (India) (0.83%), ICICI Bank (0.50%), and Tata Motors (0.40%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.10% and 0.41% respectively.

The major gainers in the BSE Midcap were Delta Corp (4.69%), Amtek India (0.79%), Amara Raja Batteries (0.7%), Dish TV India (0.26%) and Amtek Auto (0.21%).

The major gainers in the BSE Smallcap were Action Construction Equipment (3.5%), Adhunik Metaliks (1.65%), Trident (0.23%), Aarti Industries (0.05%) and Styrolution ABS (India) (0.01%).

Sectors in Limelight

The IPO index was at 1,720.43, up by 8.74 points or by 0.51%. The major gainers were Acropetal Technologies (1.96%), BS TransComm (1.85%), Ashoka Buildcon (1.43%), Bedmutha Industries (1.14%) and Claris Lifesciences (0.28%).

The Metal index was at 10,337.49, up by 50.09 points or by 0.49%. The major gainers were Hindalco Industries (1.4%), JSW Steel (1.23%), Jindal Steel & Power (1.19%), Coal India (0.44%) and Bhushan Steel (0.33%).

The Realty index was at 1,946.83, up by 9.53 points or by 0.49%. The major gainers were DLF (1.24%), Indiabulls Real Estate (0.69%), Parsvnath Developers (0.51%), Oberoi Realty (0.13%) and Godrej Properties (0.12%).

On the other hand, the IT index was at 5,770.12, down by 31.96 points or by 0.55%. The major losers were HCL Technologies (0.86%), Mphasis (0.53%), CORE Education and Technologies (0.42%), Oracle Financial Services Software (0.29%) and Hexaware Technologies (0.22%).

Market Breadth

Market breadth was positive with 1,209 advances against 1,022 declines.

Value and Volume Toppers

United Spirits topped the value chart on the BSE with a turnover of Rs. 1,098.26 million. It was followed by State Bank Of India (Rs. 511.33 million), L&T Finance Holdings (Rs. 177.12 million) and Oil & Natural Gas Corporation (Rs. 147.74 million).

The volume chart was led by Kingfisher Airlines with trades of over 5.01 million shares. It was followed by Unitech (3.29 million), L&T Finance Holdings (2.76 million) and Sujana Universal Industries (2.37 million).


News
Tinplate Company of India standalone quarterly profit falls 29.06% - 22-Oct-2014 19:24
Kansai Nerolac Paints standalone quarterly net surges 40.62% - 22-Oct-2014 19:20
T E C I L Chemical & Hydro Power loss widens in Jul-Sep quarter - 22-Oct-2014 18:09
Transwarranty Finance consolidated quarterly net soars 2.66 times - 22-Oct-2014 18:03
Wipro consolidated Q2 profit rises 8% - 22-Oct-2014 16:46
SBI launches mPassBook facility in 'State Bank Anywhere' smart phone application - 22-Oct-2014 16:37
BSE inks strategic pact with Yes Bank - 22-Oct-2014 16:23
FIIs hike stake in Hindustan Zinc, DIIs cut exposure - 22-Oct-2014 16:07
DIIs increase stake in Unitech in September quarter - 22-Oct-2014 16:05
Zensar Technologies allots 1,560 equity shares - 22-Oct-2014 16:02
Tata Metaliks swings to consolidated profit in Jul-Sep quarter - 22-Oct-2014 15:59
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   yd4n93 into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer