Indian equities remained in the negative zone on Tuesday. Realty, metal and banking stocks registered a fall whereas IT stocks witnessed a rise.
At 2.25 p.m., the Sensex was trading down 123.31 points or 0.54% at 22,505.65 with 23 components falling. Meanwhile, the Nifty was trading lower by 51.45 points or 0.76% at 6,724.85 with 39 components falling.
Sensex Movers
Housing Development Finance Corporation contributed fall of 57.53 points in the Sensex. It was followed by I T C (30.58 points), H D F C Bank (26.83 points), I C I C I Bank (18.17 points) and Tata Motors (16.06 points).
However, Tata Consultancy Services contributed rise of 36.86 points in the Sensex. It was followed by Infosys (23.59 points), Wipro (10.51 points), Bharti Airtel (6.94 points) and Larsen & Toubro (3.92 points).
Biggest gainers in the 30-share index were Wipro (3.34%), Tata Consultancy Services (3.12%), Infosys (1.52%), Bharti Airtel (1.26%), Dr Reddy's Laboratories (0.77%), and Larsen & Toubro (0.35%).
On the other hand, Housing Development Finance Corporation (3.29%), Jindal Steel & Power (3.16%), Hindalco Industries (2.38%), Tata Motors (2.16%), Mahindra & Mahindra (2.10%), and H D F C Bank (1.51%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Smallcap index was at 7520.52 down by 2.66 points or by 0.04%. The major losers were Dr Datsons Labs (10.81%), Action Construction Equipment (6.92%), A2Z Maintenance & Engineering Services (4.88%), Aarti Industries (1.26%) and Reliance MediaWorks (0.08%).
Sectors in Limelight
The Realty index was at 1,530.66, down by 26.6 points or by 1.71%. The major losers were D L F (4.05%), Anant Raj (2.9%), Oberoi Realty (1.89%), Housing Development and Infrastructure (1.41%) and Godrej Properties (1.25%).
The Metal index was at 10,188.86, down by 163.47 points or by 1.58%. The major losers were Jindal Steel & Power (3.16%), JSW Steel (3.02%), Hindalco Industries (2.38%), Bhushan Steel (0.93%) and Hindustan Zinc (0.49%).
The Bankex index was at 14,496.39, down by 193.5 points or by 1.32%. The major losers were Bank Of India(3.65%), Federal Bank (3.13%), Canara Bank (2.74%), Bank Of Baroda (2.35%) and H D F C Bank (1.51%).
On the other hand, the IT index was at 9,025.92, up by 190.83 points or by 2.16%. The major gainers were Tata Consultancy Services (3.12%), Infosys (1.52%), H C L Technologies (1.37%), Tech Mahindra (1.28%) and Hexaware Technologies (0.12%).
Market Breadth
Market breadth was negative with 1,250 advances against 1,449 declines.
Value and Volume Toppers
Reliance Industries topped the value chart on the BSE with a turnover of Rs. 874.89 million. It was followed by Multi Commodity Exchange of India (Rs. 739.07 million), Infosys (Rs. 668.84 million) and United Spirits (Rs. 660.32 million).
The volume chart was led by Unitech with trades of over 6.28 million shares. It was followed by Kingfisher Airlines (5.67 million), Birla Power Solutions (3.56 million) and Cals Refineries (3.26 million).
