The Sensex having pared some of its losses, continues to trade in the negative terrain. Realty, auto and oil & gas stocks witnessed downfall.
At 2.12., the Sensex was trading down 79.82 points or 0.43% at 18,427 with 19 components falling. Meanwhile, the Nifty was trading lower by 27.55 points or 0.50% at 5,518.90 with 36 components falling.
The 30-share benchmark index, BSE Sensex opened with a gain of 57.26 points or 0.31% at 18,564.08, while the broad based NSE Nifty started with a rise of 11.10 points or 0.20%, at 5,557.55.
Sensex Movers
Reliance Industries contributed fall of 22.44 points in the Sensex. It was followed by I C I C I Bank (20.37 points), Larsen & Toubro (18.01 points), Tata Motors (17.66 points) and Oil & Natural Gas Corporation (16.61 points).
However, Housing Development Finance Corporation contributed rise of 10.66 points in the Sensex. It was followed by H D F C Bank (9.33 points), Hindustan Unilever (8.68 points), Bharat Heavy Electricals (7.31 points) and Infosys Technologies (5.79 points).
Biggest gainers in the 30-share index were Jindal Steel & Power (2.91%), Hindustan Unilever (2.26%), Bharat Heavy Electricals (1.61%), Cipla (1.52%), Wipro (1.23%), andHousing Development Finance Corporation (1.00%).
On the other hand, Reliance Communications (5.30%), Tata Motors (3.42%), Jaiprakash Associates (3.32%), Reliance Energy (3.14%), Oil & Natural Gas Corporation (2.68%), and Mahindra & Mahindra (2.28%) were the major losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.79% and 1.13% respectively.
The major losers in the BSE Midcap were A2Z Maintenance & Engineering Services (4.58%), Aban Offshore (1.77%), A B G Shipyard (1.37%), A I A Engineering (0.98%) and Alfa-Laval (India) (0.01%).
The major losers in the BSE Smallcap were INEOS ABS (India) (4.55%), Abhishek Industries (3.09%), A K Capital Services (2.88%), A B G Infralogistics (2.27%) and Aarti Industries (1.92%).
The major losers in the BSE Midcap were A2Z Maintenance & Engineering Services (4.58%), Aban Offshore (1.77%), A B G Shipyard (1.37%), A I A Engineering (0.98%) and Alfa-Laval (India) (0.01%).
The major losers in the BSE Smallcap were INEOS ABS (India) (4.55%), Abhishek Industries (3.09%), A K Capital Services (2.88%), A B G Infralogistics (2.27%) and Aarti Industries (1.92%).
Sectors in Limelight
The Realty index was at 2,091.62, down by 46.89 points or by 2.19%. The major losers were Anant Raj Industries (14.85%), D B Realty (5.03%), Indiabulls Real Estate (2.09%), D L F (0.82%) and Mahindra Lifespace Developers (0.04%).
The Auto index was at 8,776.99, down by 153.77 points or by 1.72%. The major losers were Ashok Leyland (2.62%), Apollo Tyres (1.37%), Amtek Auto (1.03%), Bajaj Auto (0.93%) and Bharat Forge (0.46%).
The Oil & Gas index was at 9,393.56, down by 135.53 points or by 1.42%. The major losers were Hindustan Petroleum Corporation (2.32%), Bharat Petroleum Corporation (2.31%), Indian Oil Corporation (1.28%), Cairn India (0.91%) and G A I L (India) (0.82%).
On the other hand, the IT index was at 6,284.06, up by 2.46 points or by 0.04%. The major gainers were Wipro (1.23%), Tata Consultancy Services (0.5%), Infosys Technologies (0.3%) and Core Projects and Technologies (0.08%).
Market Breadth
Market breadth was negative with 976 advances against 1,812 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 1,356.86 million. It was followed by ARSS Infrastructure Projects (Rs. 1,144.14 million), Hindustan Copper (Rs. 821.53 million) and L I CHousing Finance (Rs. 786.09 million).
The volume chart was led by Shree Ashtavinayak Cine Vision with trades of over 14.55 million shares. It was followed by Unitech (8.25 million), L I C Housing Finance (4.00 million) and Cals Refineries (3.74 million).
