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22 September, 2014 21:43 IST
News
Sensex trims some gains; Mid and Smallcap underperform
Source: IRIS (20-NOV-12)
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Indian equities are trading in thin volumes despite positive global cues. BSE Midcap and Smallcap index underperfomed the benchmark indices. FMCG, auto, power and metal stocks gained. 

At 11.51 a.m., the Sensex was trading up 34.31 points or 0.19% at 18,373.31 with 18 components gaining. Meanwhile, the Nifty was trading higher by 15.15 points or 0.27% at 5,586.55 with 27 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 83.69 points or 0.46% at 18,422.69, while the broad based NSE Nifty started with a rise of 33.40 points or 0.60%, at 5,604.80.

Sensex Movers

Housing Development Finance Corporation contributed rise of 33.02 points in the Sensex. It was followed by I T C (10.77 points), H D F C Bank (9.52 points), Mahindra & Mahindra (7.18 points) and Hindustan Unilever (4.44 points).

However, Infosys contributed fall of 24.55 points in the Sensex. It was followed by I C I C I Bank (6.83 points), Larsen & Toubro (4.07 points), State Bank Of India (3.5 points) and Sun Pharmaceutical Industries (3.42 points).

Major gainers in the 30-share index were Housing Development Finance Corporation (2.35%), Mahindra & Mahindra (1.47%), G A I L (India) (1.29%), Wipro (1.12%), Tata Power Company (1.03%), and Hindustan Unilever (0.67%).

On the other hand, Infosys (1.82%), Sun Pharmaceutical Industries (1.03%), Hero Motocorp (0.81%), Bajaj Auto (0.60%), State Bank Of India (0.52%), and I C I C I Bank (0.49%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts gaining 0.16% and 0.19% respectively.

The major gainers in the BSE Midcap were Alstom India (1.27%), Allcargo Logistics (1.09%), Amara Raja Batteries (0.17%), CORE Education and Technologies (0.16%) and Aban Offshore (0.05%).

The major gainers in the BSE Smallcap were Aanjaneya Lifecare (3.35%), Styrolution ABS (India) (0.77%), Trident (0.76%), Advanta India (0.59%) and Reliance MediaWorks (0.21%).

Sectors in Limelight

The FMCG index was at 5,754.06, up by 35.36 points or by 0.62%. The major gainers were Colgate-Palmolive (India) (1.63%), Hindustan Unilever (0.67%), I T C (0.6%), Godrej Consumer Products (0.36%) and Dabur India (0.36%).

The IPO index was at 1,773.01, up by 9.82 points or by 0.56%. The major gainers were C.Mahendra Exports (9.56%), Birla Pacific Medspa (4.41%), Aanjaneya Lifecare (3.35%), Claris Lifesciences (2.89%) and Acropetal Technologies (1.36%).

The Auto index was at 10,550.50, up by 42.48 points or by 0.40%. The major gainers were Mahindra & Mahindra (1.47%), Bosch (0.81%), Tata Motors (0.66%), Maruti Suzuki India (0.25%) and Cummins India (0.24%).

On the other hand, the IT index was at 5,619.24, down by 34.32 points or by 0.61%. The major losers were Infosys (1.82%), H C L Technologies (1.28%), Hexaware Technologies (0.59%) and Oracle Financial Services Software (0.08%).

Market Breadth

Market breadth was negative with 1,202 advances against 1,230 declines.

Value and Volume Toppers

United Spirits topped the value chart on the BSE with a turnover of Rs. 463.08 million. It was followed by Zylog Systems (Rs. 387.04 million), L&T Finance Holdings (Rs. 367.22 million) and Eicher Motors (Rs. 294.44 million).

The volume chart was led by Zylog Systems with trades of over 5.44 million shares. It was followed by L&T Finance Holdings (5.05 million), Kingfisher Airlines (2.60 million) and Cals Refineries (2.34 million).


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