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
18 November, 2017 08:12 IST
Sensex drops 138 points; IT, capital goods, metal fall
Source: IRIS | 11 Apr, 2014, 10.31AM
Comments  |  Post Comment

Indian equities are trading on a negative note on Friday ahead of February IIP and retail inflation data later in the day. IT, capital goods and metal stocks registered a fall whereas healthcare stocks witnessed a rise.

At 10.40 am, the Sensex was trading down 138.40 points or 0.61% at 22,576.93 with 24 components falling. Meanwhile, the Nifty was trading lower by 38.20 points or 0.56% at 6,758.20 with 32 components falling.

The 30-share benchmark index, BSE Sensex opened with a decline of 73.28 points or 0.32% at 22,642.05, while the broad based NSE Nifty started with a fall of 38.05 points or 0.56%, at 6,758.35.

Sensex Movers

Housing Development Finance Corporation contributed fall of 33.73 points in the Sensex. It was followed by I T C (14.82 points), Infosys (13.92 points), Larsen & Toubro (13.53 points) and I C I C I Bank (12.94 points).

However, Sun Pharmaceutical Industries contributed rise of 11.49 points in the Sensex. It was followed by Jaiprakash Associates (1.85 points), Reliance Infrastructure (1.79 points), Bharti Airtel (1.47 points) and Tata Motors (1.3 points).

Major gainers in the 30-share index were Sun Pharmaceutical Industries (2.17%), Cipla (0.99%), Dr Reddy`S Laboratories (0.90%), Bharti Airtel (0.27%), Tata Motors (0.17%), and Reliance Industries (0.01%).

On the other hand, Housing Development Finance Corporation (1.92%), Maruti Suzuki India (1.65%), G A I L (India) (1.44%), Hindalco Industries (1.33%), Larsen & Toubro (1.19%), and Mahindra & Mahindra (1.15%) were the major losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts gaining 0.59% and 0.59% respectively.

The major gainers in the BSE Midcap were A I A Engineering (3.01%), CORE Education and Technologies (1.12%), Aban Offshore (0.79%), Allahabad Bank (0.42%) and Alstom India (0.42%).

The major gainers in the BSE Smallcap were Trident (3.31%), A2Z Maintenance & Engineering Services (2.48%), Styrolution ABS (India) (1.12%), Aarti Industries (0.4%) and Reliance MediaWorks (0.17%).

Sectors in Limelight

The IT index was at 8,616.09, down by 84.97 points or by 0.98%. The major losers were Tech Mahindra (1.48%), Hexaware Technologies (1.26%), Tata Consultancy Services (1.04%), Infosys (0.89%) and H C L Technologies (0.55%).

The Capital Goods index was at 12,236.45, down by 90.1 points or by 0.73%. The major losers were Alstom T&D India (2.54%), Bharat Electronics (0.84%), A B B India (0.67%), Bharat Heavy Electricals (0.35%) and Lakshmi Machine Works (0.07%).

The Metal index was at 10,311.63, down by 74.21 points or by 0.71%. The major losers were Sesa Sterlite (1.92%), JSW Steel (1.73%), Hindalco Industries (1.33%), Jindal Steel & Power (0.75%) and Coal India (0.6%).

On the other hand, the HC index was at 10,577.98, up by 140.47 points or by 1.35%. The major gainers were Aurobindo Pharma (2.67%), Divis Laboratories (1.59%), Biocon (1.41%), Cipla (0.99%) and Dr Reddy`S Laboratories (0.9%).

Market Breadth

Market breadth was negative with 1,078 advances against 881 declines.

Value and Volume Toppers

Adani Enterprises topped the value chart on the BSE with a turnover of Rs. 381.33 million. It was followed by I T C (Rs. 366.40 million), Credit Analysis and Research (Rs. 292.49 million) and Wockhardt (Rs. 266.68 million).

The volume chart was led by Sanghi Industries with trades of over 4.43 million shares. It was followed by Housing Development and Infrastructure (2.06 million), Unitech (1.88 million) and Sterlite Technologies (1.87 million).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Tata Communications joins hands with The European Tour - 17-Nov-2017 10:27
Hinduja Ventures enters into agreements to hike stake in HLFL - 17-Nov-2017 10:23
Cipla receives final approval for generic Pulmicort Respules - 17-Nov-2017 10:16
Tata Power raises Rs 15 bn on private placement basis - 17-Nov-2017 10:09
Indian Navy signs contract with Tata Power for supply of PDDS - 17-Nov-2017 10:06
ICICI Bank, Paytm tie-up to offer short term instant digital credit - 17-Nov-2017 10:00
Wipro launches industry-specific solutions on SAP Leonardo - 17-Nov-2017 09:56
Infosys in collaboration with ATP launches Second Screen - 17-Nov-2017 09:52
Tata Motors joins hands with Energy Efficiencies Services - 16-Nov-2017 12:31
Ahluwalia Contracts bags orders worth Rs 3.11 bn - 16-Nov-2017 11:30
Suven Life Sciences secures product patents in HK, India and USA - 16-Nov-2017 11:27
more...
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