23 August, 2014 20:48 IST
News
Sensex turns negative; TCS, NTPC, Bharti fall
Source: IRIS (10-DEC-12)
Comments  |  Post Comment

Indian equities fell in the after noon trade today on the back of profit booking seen in oil & gas, consumer durables, technology and metal stocks. BSE Midcap and Smallcap continue to outperform.

At 1.11 p.m., the Sensex was trading down 43.87 points or 0.23% at 19,380.23 with 19 components falling. Meanwhile, the Nifty was trading lower by 11.30 points or 0.19% at 5,896.10 with 33 components falling.

The 30-share benchmark index, BSE Sensex opened flat with a rise of 18.09 points or 0.09% at 19,442.19, while the broad based NSE Nifty started with a rise of 8.65 points or 0.15%, at 5,916.05.

Sensex Movers

Tata Consultancy Services contributed fall of 21.36 points in the Sensex. It was followed by Reliance Industries (16.68 points), I T C (10.28 points), Larsen & Toubro (7.51 points) and Bharti Airtel (7.38 points).

However, Housing Development Finance Corporation contributed rise of 32.16 points in the Sensex. It was followed by Hindustan Unilever (5.43 points), Tata Steel (3.61 points), Infosys (3.21 points) and Wipro (2.51 points).

Biggest gainers in the 30-share index were Housing Development Finance Corporation (2.11%), Tata Steel (1.16%), Cipla (1.04%), Wipro (0.88%), Bajaj Auto (0.84%), and Hindustan Unilever (0.79%).

On the other hand, Tata Consultancy Services (2.35%), NTPC (1.78%), Bharti Airtel (1.40%), Hindalco Industries (1.29%), Mahindra & Mahindra (1.21%), and Reliance Industries (1.00%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.40% and 0.25% respectively.

The major gainers in the BSE Midcap were Allahabad Bank(0.79%), Andhra Bank (0.68%), Anant Raj Industries (0.61%), CORE Education and Technologies (0.55%) and Amtek Auto (0.14%).

The major gainers in the BSE Smallcap were Styrolution ABS (India) (6.12%), Trident (4.21%), Aarti Industries (3.56%), Aanjaneya Lifecare (2.01%) and A2Z Maintenance & Engineering Services (0.49%).

Sectors in Limelight

The Oil & Gas index was at 8,449.52, down by 61.25 points or by 0.72%. The major losers were Cairn India (1.8%), Bharat Petroleum Corporation (1.14%), Hindustan Petroleum Corporation (0.64%), Gujarat State Petronet (0.52%) and Indian Oil Corporation (0.21%).

The Consumer Durables index was at 8,087.81, down by 56.89 points or by 0.7%. The major losers were Titan Industries (2.46%) and V I P Industries (1.43%).

The TECk index was at 3,390.79, down by 20.18 points or by 0.59%. The major losers were Mphasis (2.38%), Dish TV India (1.67%), Bharti Airtel (1.4%), Reliance MediaWorks (1.37%) and Idea Cellular (1.34%).

On the other hand, the Realty index was at 2,117.58, up by 15.72 points or by 0.75%. The major gainers were D L F (1.43%), Indiabulls Real Estate (1.21%), D B Realty (1.15%), Godrej Properties (0.86%) and Anant Raj Industries (0.61%).

Market Breadth

Market breadth was positive with 1,425 advances against 1,302 declines.

Value and Volume Toppers

Karnataka Bank topped the value chart on the BSE with a turnover of Rs. 427.84 million. It was followed by Sun TV Network (Rs. 425.03 million), United Spirits (Rs. 381.19 million) and State Bank Of India (Rs. 287.77 million).

The volume chart was led by Kingfisher Airlines with trades of over 3.65 million shares. It was followed by Unitech (2.75 million), Spicejet (2.35 million) and Karnataka Bank , The (2.33 million).


News
Merrill Lynch picks 2.32 lakh shares in Welspun Projects - 22-Aug-2014 18:02
'Buy' Entertainment Network; target Rs 490: ICICIdirect - 22-Aug-2014 16:55
NSE, BSE exclude United Spirits from F&O segment - 22-Aug-2014 15:53
Sonata arm to acquire controlling stake in Rezopia - 22-Aug-2014 15:41
ICICI Bank allots share under ESOS - 22-Aug-2014 15:17
Cyient to acquire majority stake in Invati Insights - 22-Aug-2014 14:47
MICROSEC sees 32% upside potential in Whirlpool of India - 22-Aug-2014 13:29
Karnataka Bank inks pact with NBHC to extend collateral management services - 22-Aug-2014 13:23
Tilaknagar Industries clarifies on news report - 22-Aug-2014 13:03
Dairy business could be very attractive opportunity for ITC: Nomura - 22-Aug-2014 12:08
HDFC Sec raises TCS target price by 10% - 22-Aug-2014 11:35
more...
* Q - Quote , N - News , C - Chart , F - Financials
Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type   k626jr into this box
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Forums  |   E-mail  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer