28th Dec Closing Market Update

28th Dec Closing Market Update

Nifty closed 2.35 points down at 5995.75
Sensex closed 3.94 points up at 20032.87
The Sensex continued to trade in a sluggish manner due to directionless market. Oil & gas, PSU and capital goods declined maginally.
The 30-share benchmark index, BSE Sensex opened with a gain of 27.54 points or 0.14% at 20,056.47, while the broad based NSE Nifty started with a rise of 7.25 points or 0.12%, at 6,005.35.

Sensex Movers
Reliance Industries contributed fall of 19.48 points in the Sensex. It was followed by I C I C I Bank (15.82 points), Tata Motors (11.93 points), Larsen & Toubro (9.08 points) and State Bank Of India (8.35 points).
However, H D F C Bank contributed rise of 13.06 points in the Sensex. It was followed by I T C (7.78 points), Wipro (4.54 points), Housing Development Finance Corporation (4.47 points) and Mahindra & Mahindra (4.13 points).
Biggest gainers in the 30-share index
Reliance Communications (2.96%),
Tata Power Company (1.42%),
H D F C Bank (1.27%),
Wipro (1.23%),
Mahindra & Mahindra (0.97%),
Cipla (0.95%).

Biggest losers in the SensexTata Motors (2.15%),
I C I C I Bank (0.98%),
State Bank Of India (0.85%),
Reliance Industries (0.82%),
Larsen & Toubro (0.68%),
Oil & Natural Gas Corporation (0.62%)
Mid-cap Space
The BSE Midcap index was at 7613.51 down by 0.51 points or by 0.01%. The major losers were Ackruti City (1.85%), A I A Engineering (1.41%), Allahabad Bank (0.81%), Aban Offshore (0.55%) and Allcargo Global Logistics (0.37%).
Sectors in Limelight
The FMCG index was at 3,595.48, up by 21.06 points or by 0.59%. The major gainers were United Breweries (12.61%), United Spirits (2.8%), Marico (0.87%) and I T C (0.68%).
The HC index was at 6,643.67, up by 23.16 points or by 0.35%. The major gainers were Lupin (1.23%), Cipla (0.95%), Glenmark Pharmaceutical (0.47%), Dr Reddy`S Laboratories (0.19%) and Apollo Hospitals Enterprise (0.03%).
The Realty index was at 2,751.79, up by 9.63 points or by 0.35%. The major gainers were Unitech (1.86%), Orbit Corporation (0.72%), Sunteck Realty (0.43%), Housing Development and Infrastructure (0.32%) and D L F (0.05%).
On the other hand, the Oil & Gas index was at 10,527.34, down by 80.54 points or by 0.76%. The major losers were Hindustan Petroleum Corporation (1.38%), Indian Oil Corporation (1.17%), G A I L (India) (1.14%), Bharat Petroleum Corporation (0.56%) and Cairn India (0.18%).
Market Breadth
Market breadth was negative with 1,340 advances against 1,468 declines.
Value and Volume Toppers
B F Utilities topped the value chart on the BSE with a turnover of Rs. 844.29 million. It was followed by Ravi Kumar Distilleries (Rs. 772.08 million), State Bank Of India (Rs. 514.28 million) and Coal India (Rs. 430.87 million).
The volume chart was led by Ravi Kumar Distilleries with trades of over 9.63 million shares. It was followed by Sanraa Media (7.09 million), Cals Refineries (3.95 million) and Praj Industries (2.96 million).