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
25 January, 2015 23:36 IST
Sensex off from day's high; Power, Metal drag
Source: IRIS | 13 Feb, 2013, 03.00PM
Comments  |  Post Comment

Indian markets pared most of its gains as profit booking emerged at higher levels towards the close. BSE Midcap and Smallcap index underperformed the benchmark indices. Power, metal and FMCG stocks led the decline.

At 3.02 pm, the Sensex was trading up 59.56 points or 0.30% at 19,620.60 with 14 components gaining. Meanwhile, the Nifty was trading higher by 13.40 points or 0.23% at 5,935.90 with 21 components gaining.

The 30-share benchmark index, BSE Sensex opened with a gain of 40.65 points or 0.21% at 19,601.69, while the broad based NSE Nifty started with a rise of 20.65 points or 0.35%, at 5,943.15.

Sensex Movers

Housing Development Finance Corporation contributed rise of 22.37 points in the Sensex. It was followed by Infosys (19.67 points), I C I C I Bank (18.33 points), Tata Consultancy Services (18.12 points) and Tata Motors (12.91 points).

However, State Bank Of India contributed fall of 12.93 points in the Sensex. It was followed by Tata Steel (6.29 points), Larsen & Toubro (4.91 points), Hindustan Unilever (4.91 points) and Sterlite Industries (India) (4.07 points).

Major gainers in the 30-share index were Tata Motors (2.01%), Tata Consultancy Services (1.83%), Bharti Airtel (1.63%), Mahindra & Mahindra (1.63%), Housing Development Finance Corporation (1.52%), and Infosys (1.22%).

On the other hand, Bajaj Auto (2.59%), Sterlite Industries (India) (2.25%), Tata Steel (2.02%), Tata Power Company (1.91%), State Bank Of India (1.78%), and Hindalco Industries (1.47%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps underperformed their larger counterparts declining -0.07% and -0.21% respectively.

The major losers in the BSE Midcap were Allahabad Bank(3.61%), Allcargo Logistics (1.16%), Amtek India (0.56%), CORE Education and Technologies (0.43%) and Amtek Auto (0.41%).

The major losers in the BSE Smallcap were A2Z Maintenance & Engineering Services (0.96%), Reliance MediaWorks (0.44%), Advanta India (0.4%), Action Construction Equipment (0.32%) and Styrolution ABS (India) (0.12%).

Sectors in Limelight

The Power index was at 1,848.70, down by 20.8 points or by 1.11%. The major losers were C E S C (4.05%), Reliance Infrastructure (2.72%), Bharat Heavy Electricals (1.34%), Adani Power (0.64%) and A B B (0.29%).

The Metal index was at 9,932.19, down by 105.33 points or by 1.05%. The major losers were Hindalco Industries (1.47%), Hindustan Zinc (1.36%), Jindal Steel & Power (0.69%), JSW Steel (0.28%) and Bhushan Steel (0.04%).

On the other hand, the IT index was at 6,496.43, up by 81.26 points or by 1.27%. The major gainers were H C L Technologies (4.08%), Infosys (1.22%), Tech Mahindra (0.88%), Mphasis (0.84%) and Hexaware Technologies (0.6%).

Market Breadth

Market breadth was negative with 1,267 advances against 1,513 declines.

Value and Volume Toppers

United Spirits topped the value chart on the BSE with a turnover of Rs. 846.66 million. It was followed by State Bank Of India (Rs. 757.18 million), Unitech (Rs. 545.27 million) and Karnataka Bank , The (Rs. 386.04 million).

The volume chart was led by Unitech with trades of over 18.80 million shares. It was followed by Kingfisher Airlines (4.78 million), D B Realty (3.80 million) and Lanco Infratech (3.49 million).

Comments Post comment 
By: Commodityvc | 13 February 2013 Reply | Forward | Report Abuse 
Trade in Commodities with Low Brokerage : Know more
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Sterling Holiday Resorts (India) swings to consolidated profit in Oct-Dec quarter - 23-Jan-2015 19:16
Modern India swings to loss in Oct-Dec quarter - 23-Jan-2015 19:11
Omax Autos loss widens in Oct-Dec quarter - 23-Jan-2015 19:07
Bharat Electronics standalone quarterly profit jumps 41.75% - 23-Jan-2015 18:56
SBI, European Investment Bank sign loan agreement for Euro 100 mn - 23-Jan-2015 18:30
Ind-Ra upgrades Aurobindo Pharma to 'AA' - 23-Jan-2015 18:03
National Plastic signs pact with Tradeplast LLC - 23-Jan-2015 17:58
Continue to invest in building capabilities in digital transformation space: Sunil Bhatia - 23-Jan-2015 17:38
Ashoka Buildcon SPVs completes refinancing debt of Rs 3.24 bn with ICICI Bank - 23-Jan-2015 16:54
Karur Vysya Bank cuts base rate by 25 bps - 23-Jan-2015 16:30
Liberty Shoes standalone quarterly earnings climb 15.37% - 23-Jan-2015 16:14
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