23rd Dec Market Closing Updates

23rd Dec Market Closing Updates
Nifty closed 5.25 points down at 5979.15
Sensex closed 27.66 points down at 19988.14
Indian equities were trading flat with negative bias in afternoon trade.

Sensex Movers

However, Infosys Technologies contributed rise of 15.29 points in the Sensex. It was followed by Sun Pharmaceutical Industries (6.95 points), Reliance Industries (5.91 points), H D F C Bank (5.23 points) and Housing Development Finance Corporation (4.77 points).

Major gainers in the 30-share index were NTPC (0.93%), Sterlite Industries (India) (0.81%), Infosys Technologies (0.75%), H D F C Bank (0.51%), Housing Development Finance Corporation (0.42%), and Jindal Steel & Power (0.40%).

On the other hand, Hindalco Industries (1.60%), Tata Motors (1.58%), Tata Steel (1.58%), Bharat Heavy Electricals (1.13%), Hero Honda Motors (1.09%), and D L F (1.03%) were the biggest losers in the Sensex.

Mid-cap Space

The BSE Midcap index was at 7616.45 down by 9.20 points or by 0.12%. The major losers were Alstom Projects India (1.88%), Allcargo Global Logistics (0.56%), Alfa-Laval (India) (0.15%), Ackruti City (0.15%) and Allahabad Bank (0.07%).

Sectors in Limelight

The Consumer Durables index was at 6,011.07, down by 54.45 points or by 0.9%. The major losers were Titan Industries (1.59%), Rajesh Exports (1.1%), Bajaj Electricals (0.9%), Videocon Industries (0.89%) and Blue Star (0.42%).

The Auto index was at 10,065.09, down by 88.27 points or by 0.87%. The major losers were Ashok Leyland (2.81%), Apollo Tyres (2.15%), Amtek Auto (1.6%), Bharat Forge (0.7%) and Bajaj Auto (0.21%).

The Metal index was at 17,067.26, down by 140.75 points or by 0.82%. The major losers were JSW Steel (3.62%), Hindalco Industries (1.6%), Bhushan Steel (1.26%), National Aluminium Company (0.7%) and NMDC (0.47%).

On the other hand, the HC index was at 6,508.99, up by 39.20 points or by 0.61%. The major gainers were Divis Laboratories (1.38%), Dr Reddy`S Laboratories (1%), Glenmark Pharmaceutical (0.69%), Apollo Hospitals Enterprise (0.31%) and Lupin (0.16%).

Market Breadth

Market breadth was negative with 1,318 advances against 1,498 declines.

Value and Volume Toppers

A2Z Maintenance & Engineering Services topped the value chart on the BSE with a turnover of Rs. 5,759.20 million. It was followed by Moil (Rs. 950.51 million), State Bank Of India (Rs. 658.44 million) and Tata Steel (Rs. 545.27 million).

The volume chart was led by A2Z Maintenance & Engineering Services with trades of over 17.13 million shares. It was followed by Ispat Industries (15.57 million), Cals Refineries (12.99 million) and Karuturi Global (7.33 million).