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).