At 2.01 pm, the Sensex was trading up 77.54 points or 0.40% at 19,394.55 with 18 components gaining. Meanwhile, the Nifty was trading higher by 24.35 points or 0.42% at 5,874.65 with 28 components gaining.
The 30-share benchmark index, BSE Sensex opened with a gain of 48.32 points or 0.25% at 19,365.33, while the broad based NSE Nifty started with a rise of 20.25 points or 0.35%, at 5,870.55.
Infosys contributed rise of 43.45 points in the Sensex. It was followed by Tata Motors (13.13 points), I T C (12.99 points), Housing Development Finance Corporation (12.43 points) and State Bank Of India (12.19 points).
However, Oil & Natural Gas Corporation contributed fall of 12.95 points in the Sensex. It was followed by Larsen & Toubro (10.81 points), Reliance Industries (8.99 points), D L F (3.14 points) and Hindustan Unilever (3.08 points).
Biggest gainers in the 30-share index were Infosys (2.73%), Tata Motors (1.95%), State Bank Of India (1.74%), Wipro (1.24%), Bharat Heavy Electricals (1.12%), and Tata Consultancy Services (1.02%).
On the other hand, Coal India (1.78%), Cipla (1.62%), Oil & Natural Gas Corporation (1.60%), Larsen & Toubro (1.15%), Sterlite Industries (India) (0.87%), and Dr Reddy`S Laboratories (0.66%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.86% and -1.13% respectively.
The major losers in the BSE Midcap were CORE Education and Technologies (61.59%), A B G Shipyard (19.99%), Aban Offshore (1.89%), Alstom India (0.9%) and Allahabad Bank (0.1%).
The major losers in the BSE Smallcap were Aanjaneya Lifecare (20%), Action Construction Equipment (5.52%), A2Z Maintenance & Engineering Services (2.36%), Styrolution ABS (India) (0.84%) and Aarti Industries (0.17%).
Sectors in Limelight
The Realty index was at 2,077.73, down by 35.39 points or by 1.67%. The major losers were D L F (2.79%), Housing Development and Infrastructure (2.36%), Indiabulls Real Estate (1.96%), Anant Raj (1.95%) and Godrej Properties (0.92%).
The Consumer Durables index was at 7,036.20, down by 100.28 points or by 1.41%. The major losers were Symphony (1.87%), Titan Industries (1.15%), Gitanjali Gems (0.72%), Bajaj Electricals (0.55%) and Blue Star (0.29%).
On the other hand, the IT index was at 6,726.23, up by 121.15 points or by 1.83%. The major gainers were Mphasis (3.3%), Infosys (2.73%), H C L Technologies (1.34%), Oracle Financial Services Software (1.01%) and Hexaware Technologies (0.4%).
Market breadth was negative with 978 advances against 1,687 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 596.18 million. It was followed by CORE Education and Technologies (Rs. 515.06 million), Infosys (Rs. 394.53 million) and Welspun Corp (Rs. 386.70 million).
The volume chart was led by Welspun Corp with trades of over 5.78 million shares. It was followed by I F C I (5.19 million), Alok Industries (4.72 million) and CORE Education and Technologies (4.54 million).