Indian equities are trading flat with positive bias early trade on Tuesday. At 09.18 a.m., the Sensex was trading up 20.49 points or 0.10% at 20,122.31 with 18 components gaining. Meanwhile, the Nifty was trading lower by 2.15 points or 0.04% at 6,080.15 with 22 components falling.
The 30-share benchmark index, BSE Sensex opened flat with a rise of 0.61 points at 20,102.43, while the broad based NSE Nifty started with a fall of 2.15 points or 0.04%, at 6,080.15.
Reliance Industries contributed rise of 10.69 points in the Sensex. It was followed by I C I C I Bank (10.48 points), NTPC (4.25 points), Mahindra & Mahindra (3.86 points) and Larsen & Toubro (2.72 points).
However, Bharti Airtel contributed fall of 7.09 points in the Sensex. It was followed by Oil & Natural Gas Corporation (6.59 points), Infosys (3.74 points), I T C (2.25 points) and H D F C Bank (2.14 points).
Major gainers in the 30-share index were NTPC (1.33%), Mahindra & Mahindra (0.80%), Sun Pharmaceutical Industries (0.71%), I C I C I Bank (0.65%), Reliance Industries (0.57%), and Jindal Steel & Power (0.54%).
On the other hand, Bharti Airtel (1.30%), Oil & Natural Gas Corporation (0.77%), Hero Motocorp (0.75%), Maruti Suzuki India (0.40%), G A I L (India) (0.35%), and Tata Power Company (0.32%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.33% and 0.17% respectively.
The major gainers in the BSE Midcap were CORE Education and Technologies (0.86%), Aban Offshore (0.72%), Amtek Auto (0.54%), Anant Raj (0.33%) and Andhra Bank (0.2%).
The major gainers in the BSE Smallcap were Adhunik Metaliks (2.95%), Alembic Pharmaceuticals (0.71%), Reliance MediaWorks (0.57%), Action Construction Equipment (0.5%) and Advanta India (0.13%).
Sectors in Limelight
The Power index was at 2,026.59, up by 9.70 points or by 0.48%. The major gainers were C E S C (0.96%), Adani Power (0.74%), Reliance Infrastructure (0.7%), A B B (0.53%) and Bharat Heavy Electricals (0.5%).
The IPO index was at 1,928.11, up by 7.37 points or by 0.38%. The major gainers were Acropetal Technologies (9.65%), Flexituff International (0.85%), Lovable Lingerie (0.7%), L&T Finance Holdings (0.23%) and Credit Analysis and Research (0.01%).
The Capital Goods index was at 10,687.94, up by 27.48 points or by 0.26%. The major gainers were Crompton Greaves (0.79%), Havell'S India (0.64%), A B B (0.53%), Bharat Heavy Electricals (0.5%) and Larsen & Toubro (0.27%).
On the other hand, the Consumer Durables index was at 7,677.71, down by 29.42 points or by 0.38%. The major losers were Symphony (1.84%), Rajesh Exports (0.95%), Gitanjali Gems (0.46%) and Titan Industries (0.45%).
Market breadth was positive with 473 advances against 219 declines.
Value and Volume Toppers
Pantaloon Retail (India) topped the value chart on the BSE with a turnover of Rs. 56.31 million. It was followed by Jet Airways (India) (Rs. 40.47 million), Cairn India (Rs. 31.50 million) and Spicejet (Rs. 28.32 million).
The volume chart was led by Spicejet with trades of over 0.61 million shares. It was followed by Avance Technologies (0.39 million), Aadhaar Ventures India (0.30 million) and Reliance Communications (0.29 million).