Indian equities are trading on a firm note on Monday. Capital goods and metal stocks witnessed a rise whereas FMCG stocks registered a fall.
At 2.22 p.m., the Sensex was trading up 82.38 points or 0.36% at 22,711.22 with 18 components gaining. Meanwhile, the Nifty was trading higher by 20.80 points or 0.31% at 6,800.20 with 33 components gaining.
Sensex Movers
Larsen & Toubro contributed rise of 43.96 points in the Sensex. It was followed by I C I C I Bank (25.13 points), State Bank Of India (21.82 points), Mahindra & Mahindra (19.7 points) and Bharti Airtel (7.79 points).
However, I T C contributed fall of 21.41 points in the Sensex. It was followed by Wipro (19.14 points), Hindustan Unilever (12.12 points), H D F C Bank (11.47 points) and Housing Development Finance Corporation (5.52 points).
Major gainers in the 30-share index were Larsen & Toubro (3.86%), Mahindra & Mahindra (3.39%), Bharat Heavy Electricals (3.31%), State Bank Of India (2.53%), Maruti Suzuki India (1.94%), and Hindalco Industries (1.70%).
On the other hand, Wipro (6.02%), Hindustan Unilever (1.66%), I T C (0.88%), H D F C Bank (0.64%), Dr Reddy's Laboratories (0.63%), and Cipla (0.35%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.81% and 1.32% respectively.
The major gainers in the BSE Midcap were A I A Engineering (5.35%), Alstom India (1.73%), A B G Shipyard (1.55%), Allahabad Bank (1.32%) and CORE Education and Technologies (0.54%).
The major gainers in the BSE Smallcap were Aarti Industries (4.33%), Styrolution ABS (India) (1.54%), A2Z Maintenance & Engineering Services (1.5%), Dr Datsons Labs (0.69%) and Trident (0.37%).
Sectors in Limelight
The Capital Goods index was at 12,424.30, up by 349.80 points or by 2.90%. The major gainers were A I A Engineering (5.35%), Bharat Heavy Electricals (3.31%), Alstom India (1.73%), BEML (1.01%) and Bharat Electronics (0.44%).
The Metal index was at 10,391.96, up by 125.24 points or by 1.22%. The major gainers were JSW Steel (3.6%), Hindalco Industries (1.7%), Coal India (1.12%), Jindal Steel & Power (0.77%) and Bhushan Steel (0.28%).
On the other hand, the FMCG index was at 6,950.38, down by 58.96 points or by 0.84%. The major losers were Godrej Consumer Products (1.91%), Hindustan Unilever (1.66%), Jubilant FoodWorks (1.16%), I T C (0.88%) and Dabur India (0.39%).
Market Breadth
Market breadth was positive with 1,718 advances against 1,017 declines.
Value and Volume Toppers
Biocon topped the value chart on the BSE with a turnover of Rs. 633.96 million. It was followed by State Bank Of India (Rs. 440.68 million), Multi Commodity Exchange of India (Rs. 368.51 million) and Adani Enterprises (Rs. 339.71 million).
The volume chart was led by H C L Infosystems with trades of over 5.65 million shares. It was followed by Unitech (4.28 million), Suzlon Energy (3.62 million) and Cals Refineries (1.82 million).