| Indian equities pared some of its gain in noon trade after the announcement of the RBI policy. At 12.32 pm, the Sensex was trading up 66.65 points or 0.35% at 19,217.93 with 23 components gaining. Meanwhile, the Nifty was trading higher by 18.45 points or 0.32% at 5,761.70 with 35 components gaining.
As expected, the Reserve Bank of India (RBI) today raised repo rate and reverse repo rate by 25 bps to 6.50% and 5.50% respectively in its monetary policy review. CRR has been kept unchanged at 6%.
The 30-share benchmark index, BSE Sensex opened with a gain of 76.14 points or 0.40% at 19,227.42, while the broad based NSE Nifty started with a rise of 20.05 points or 0.35%, at 5,763.30. Sensex Movers  Larsen & Toubro contributed rise of 20.98 points in the Sensex. It was followed by Infosys Technologies (10 points), Housing Development Finance Corporation (9.69 points), Reliance Industries (9.05 points) and NTPC (9 points).However, I C I C I Bank contributed fall of 34.31 points in the Sensex. It was followed by H D F C Bank (7.54 points), Tata Motors (3.16 points), Mahindra & Mahindra (2.11 points) and Grasim Industries (0.38 points). Major gainers in the 30-share index were NTPC (2.26%), Sterlite Industries (India) (2.10%), Larsen & Toubro (1.83%), Hindalco Industries (1.77%), Tata Steel (1.66%), and Bharti Airtel (1.47%). On the other hand, I C I C I Bank (2.21%), H D F C Bank (0.76%), Tata Motors (0.61%), Mahindra & Mahindra (0.48%), Jaiprakash Associates (0.22%), and Jindal Steel & Power (0.14%) were the biggest losers in the Sensex. Mid & Small-cap Space The BSE Mid and small caps underperformed their larger counterparts gaining 0.14% and 0.26% respectively.
The major gainers in the BSE Midcap were Anant Raj Industries (3.42%), Amtek Auto (2.19%), Alfa-Laval (India) (1.8%), Andhra Bank (0.9%) and Core Projects and Technologies (0.48%).
The major gainers in the BSE Smallcap were Aegis Logistics (0.86%), Action Construction Equipment (0.81%), A B G Infralogistics (0.28%), Ahmednagar Forgings (0.21%) and Aarti Industries (0.17%). Sectors in Limelight The Capital Goods index was at 13,802.86, up by 134.01 points or by 0.98%. The major gainers were Gammon India (1.73%), Areva T & D India (1.34%), Bharat Heavy Electricals (0.71%), A B B (0.67%) and BEML (0.34%). The Consumer Durables index was at 6,222.24, up by 51.12 points or by 0.83%. The major gainers were Bajaj Electricals (3.39%), Rajesh Exports (1.9%), Gitanjali Gems (0.84%), Titan Industries (0.79%) and Whirlpool Of India (0.2%). The Oil & Gas index was at 9,804.51, up by 79.37 points or by 0.82%. The major gainers were Bharat Petroleum Corporation (4.99%), Hindustan Petroleum Corporation (4.03%), G A I L (India) (3.6%), Indian Oil Corporation (3.14%) and Oil India (1.34%). On the other hand, the Bankex index was at 12,523.37, down by 122.51 points or by 0.97%. The major losers were I C I C I Bank (2.21%), H D F C Bank (0.76%), Canara Bank (0.44%), Bank Of India (0.43%) and Bank Of Baroda (0.33%). Market Breadth Market breadth was positive with 1,431 advances against 1,252 declines. Value and Volume Toppers State Bank Of India topped the value chart on the BSE with a turnover of Rs. 2,019.55 million. It was followed by C.Mahendra Exports (Rs. 1,007.02 million), T T K Prestige (Rs. 884.54 million) and I C I C I Bank (Rs. 747.07 million). The volume chart was led by Sanraa Media with trades of over 11.80 million shares. It was followed by Comfort Intech (10.01 million), C.Mahendra Exports (7.74 million) and Cals Refineries (3.40 million). | 
