Indian equities fell in early trade on Friday ahead of February IIP and retail inflation data later in the day. At 9.21 a.m., the Sensex was trading down 116.25 points or 0.51% at 22,599.08 with 25 components falling. Meanwhile, the Nifty was trading lower by 17.80 points or 0.26% at 6,778.60 with 40 components falling.
Sensex Movers
I C I C I Bank contributed fall of 23.73 points in the Sensex. It was followed by Housing Development Finance Corporation (21.53 points), Larsen & Toubro (12.68 points), I T C (12.36 points) and State Bank Of India (11.9 points).
However, Sun Pharmaceutical Industries contributed rise of 5.15 points in the Sensex. It was followed by Tata Motors (4.33 points), Oil & Natural Gas Corporation (1.7 points), Tata Consultancy Services (1.28 points) and Sterlite Industries (India) (0 points).
Biggest gainers in the 30-share index were Sun Pharmaceutical Industries (0.97%), Cipla (0.79%), Tata Motors (0.58%), Oil & Natural Gas Corporation (0.17%), and Tata Consultancy Services (0.11%).
On the other hand, Hindalco Industries (1.72%), Maruti Suzuki India (1.44%), State Bank Of India (1.39%), I C I C I Bank (1.32%), Housing Development Finance Corporation (1.22%), and Larsen & Toubro (1.12%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts declining-0.23% and -0.25% respectively.
The major losers in the BSE Midcap were Alstom India (100%), A I A Engineering (100%), Allcargo Logistics (100%), Allahabad Bank (1.16%) and Amtek India (0.53%).
The major losers in the BSE Smallcap were Styrolution ABS (India) (100%), Aarti Industries (100%), Action Construction Equipment (1.16%), Adhunik Metaliks (0.11%) and Reliance MediaWorks (0.08%).
Sectors in Limelight
The Realty index was at 1,531.96, down by 20.83 points or by 1.34%. The major losers were Parsvnath Developers (100%), Godrej Properties (1.78%), D L F (1.54%), Indiabulls Real Estate (1.36%) and Anant Raj (0.97%).
The Bankex index was at 14,644.69, down by 161.28 points or by 1.09%. The major losers were Federal Bank (2.09%), Bank Of India (2.06%), Bank Of Baroda (1.37%), Canara Bank (1.27%) and H D F C Bank (0.5%).
The Metal index was at 10,285.85, down by 99.99 points or by 0.96%. The major losers were Hindalco Industries (1.72%), Coal India (0.96%), Hindustan Zinc (0.91%), Jindal Steel & Power (0.82%) and JSW Steel (0.7%).
On the other hand, the HC index was at 10,495.73, up by 58.22 points or by 0.56%. The major gainers were Aurobindo Pharma (1.89%), Cipla (0.79%), Divis Laboratories (0.7%), Biocon (0.4%) and Cadila Healthcare (0.17%).
Market Breadth
Market breadth was negative with 366 advances against 562 declines.
Value and Volume Toppers
Adani Enterprises topped the value chart on the BSE with a turnover of Rs. 132.58 million. It was followed by BEML (Rs. 97.36 million), I C I C I Bank (Rs. 72.44 million) and Wockhardt (Rs. 57.88 million).
The volume chart was led by Ybrant Digital with trades of over 0.50 million shares. It was followed by H C L Infosystems (0.38 million), Shree Ashtavinayak Cine Vision (0.37 million) and Birla Cotsyn (India) (0.37 million).
