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
23 May, 2015 21:55 IST
Sensex ends marginally lower; Tata Steel, Hero, ITC drag
Source: IRIS | 12 Nov, 2012, 04.02PM
Comments  |  Post Comment

Indian equities ended the range bound session on a flat note as disappointing IIP numbers hurt market sentiments.

Metal, capital goods and oil & gas stocks were in the sellers radar, while consumer durables seen buying interest.

India`s industrial production has contracted in September 2012 by 0.4% as against market expectations of 2.8% growth.

The 30-share benchmark index, BSE Sensex ended flat with a decline of 13.34 points or 0.07% at 18,670.34, 19 components posting drop.

While the broad based NSE Nifty closed flat with a decline of 2.55 points or 0.04%, at 5,683.70.30 components posting drop.

Sensex Movers

ITC contributed fall of 28.95 points in the Sensex. It was followed by Larsen & Toubro (8.34 points), Tata Steel (5.51 points), Oil & Natural Gas Corporation (4.98 points) and Hero Motocorp (3.68 points).

However, HDFC Bank contributed rise of 26.34 points in the Sensex. It was followed by State Bank Of India (10.96 points), Bharti Airtel (6.84 points), Infosys (6.43 points) and Tata Consultancy Services (6.01 points).

Major gainers in the 30-share index were HDFC Bank (1.85%), Bharti Airtel (1.63%), State Bank Of India (1.59%), Tata Consultancy Services (0.66%), Infosys (0.48%), and Dr Reddy's Laboratories (0.47%).

On the other hand, Tata Steel (1.72%), Hero Motocorp (1.67%), ITC (1.56%), Tata Power Company (1.43%), Jindal Steel & Power (0.95%), and GAIL (India) (0.93%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.32% and 0.20% respectively.

The major gainers in the BSE Midcap were Anant Raj Industries (7.25%), Amtek India (1.99%), Amara Raja Batteries (0.97%), Alstom India (0.3%) and CORE Education and Technologies (0.13%).

The major gainers in the BSE Smallcap were Trident (8.78%), Reliance MediaWorks (2.65%), Aegis Logistics (1.62%), Wagend Infra Venture (0.51%) and A2Z Maintenance & Engineering Services (0.17%).

Sectors in Limelight

The Consumer Durables index was at 7,439.67, up by 83.14 points or by 1.13%. The major gainers were Gitanjali Gems (4.4%), Rajesh Exports (1.96%), Titan Industries (1.48%), C.Mahendra Exports (1.4%) and Bajaj Electricals (0.61%).

The Bankex index was at 13,310.99, up by 124.05 points or by 0.94%. The major gainers were HDFC Bank (1.85%), Canara Bank (1.08%), Bank of Baroda (0.54%), Bank Of India (0.09%) and ICICI Bank (0.08%).

On the other hand, the Metal index was at 10,063.15, down by 71.25 points or by 0.7%. The major losers were NMDC (1.48%), Jindal Steel & Power (0.95%), Hindustan Zinc (0.8%), Coal India (0.48%) and Hindalco Industries (0.4%).

Market Breadth

Market breadth was negative with 1,374 advances against 1,481 declines.

Value and Volume Toppers

United Spirits topped the value chart on the BSE with a turnover of Rs. 10,692.29 million. It was followed by State Bank Of India (Rs. 1,550.26 million), L&T Finance Holdings (Rs. 1,229.76 million) and Reliance Industries (Rs. 1,133.56 million).

The volume chart was led by L&T Finance Holdings with trades of over 17.20 million shares. It was followed by United Spirits (5.83 million), Housing Development and Infrastructure (4.86 million) and Reliance Communications (3.56 million).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
RBI removes restrictions on new FII investment in Ipca Lab - 22-May-2015 18:30
RBI raises FII investment limit in Somany Ceramics to 40% - 22-May-2015 18:20
ITC Q4 profit climbs 3.6%, misses forecasts - 22-May-2015 17:38
Karnataka Bank quarterly profit jumps 65.5% - 22-May-2015 15:50
Tata Motors launches PRIMA in Bangladesh - 22-May-2015 15:42
Tata Motors launches PRIMA in Bangladesh - 22-May-2015 15:42
Strides Arcolab turns to profit in Jan-Mar quarter - 22-May-2015 15:30
Punj Lloyd reports Rs 2.69 bn profit in Q4 - 22-May-2015 15:25
No order to recall Maggi Noodles being sold: Nestle India - 22-May-2015 15:19
SBI witnesses improvement in asset quality - 22-May-2015 14:24
Hi-Tech Gears Q4 profit surges 83.78% - 22-May-2015 14:02
more...
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