18th March 2011 Closing Market Updates
The Sensex traded below 18,000 mark as aggressive selling is being witnessed across board. All sectoral indices are trading in red with oil & gas stocks hitting most.
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts declining-0.33% and -0.47% respectively.
The major losers in the BSE Midcap were Aban Offshore (0.46%), A2Z Maintenance & Engineering Services (0.41%), A B G Shipyard (0.3%), Alfa-Laval (India) (0.19%) and Alstom Projects India (0.09%).
The major losers in the BSE Smallcap were Abhishek Industries (2.45%), Provogue (India) (2.01%), Action Construction Equipment (1.38%), A K Capital Services (0.59%) and Aarti Industries (0.41%).
Sectors in Limelight
The Oil & Gas index was at 9,690.88, down by 263.39 points or by 2.65%. The major losers were Hindustan Petroleum Corporation (3.15%), Bharat Petroleum Corporation (1.9%), Indian Oil Corporation (1.39%), Oil India (1.33%) and G A I L (India) (1.03%).
The IT index was at 6,000.93, down by 81.59 points or by 1.34%. The major losers were Tech Mahindra (2.37%), H C L Technologies (2.31%), Infosys Technologies (1.22%), Oracle Financial Services Software (0.53%) and Patni Computer Systems (0.01%).
The Realty index was at 2,064.05, down by 23.66 points or by 1.13%. The major losers were Indiabulls Real Estate (2.31%), Ackruti City (0.97%), Anant Raj Industries (0.72%), Mahindra Lifespace Developers (0.41%) and D L F (0.23%).
On the other hand, the Metal index was at 15,336.06, up by 42.94 points or by 0.28%. The major gainers were NMDC (3.51%), JSW Steel (0.8%), Sesa Goa (0.6%), Bhushan Steel (0.5%) and Hindustan Zinc (0.39%).
Market Breadth
Market breadth was negative with 1,019 advances against 1,664 declines.
Value and Volume Toppers
Reliance Industries topped the value chart on the BSE with a turnover of Rs. 1,326.43 million. It was followed by Tata Coffee (Rs. 902.96 million), Acropetal Technologies (Rs. 834.89 million) and State Bank Of India (Rs. 617.17 million).
The volume chart was led by Cals Refineries with trades of over 35.43 million shares. It was followed by Acropetal Technologies (6.74 million), Bampsl Securities (4.34 million) and Teledata Technology Solutions (3.37 million)
Bears seemed to have taken control of the market as soaring crude prices and central bank’s latest set of rate hikes continued to weigh on sentiment. The Nifty was perilously trading close to support level of 5375 and traders would watch if Nifty manages to close above 5400.US crude oil futures jumped USD 2 a barrel after Thursday's settlement following a vote by the United Nations Security Council authorizing the imposition of a no-fly zone over Libya.The Sensex was down 199.14 points or 1.10% at 17950.73, and theNifty was down 52.05 points or 0.96% at 5394.60. About 1063 shares advanced, 1618 shares declined, and 689 shares remain unchanged.
Sensex Movers
Reliance Industries contributed fall of 79.37 points in the Sensex. It was followed by Housing Development Finance Corporation (22.62 points), Infosys Technologies (22.36 points), H D F C Bank (13.99 points) and I T C (13.21 points).
However, Maruti Suzuki India contributed rise of 1.81 points in the Sensex. It was followed by Tata Steel (1.74 points), Grasim Industries (0.33 points), Hero Honda Motors (0.04 points) and Sun Pharmaceutical Industries (0.08 points)
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts declining-0.33% and -0.47% respectively.
The major losers in the BSE Midcap were Aban Offshore (0.46%), A2Z Maintenance & Engineering Services (0.41%), A B G Shipyard (0.3%), Alfa-Laval (India) (0.19%) and Alstom Projects India (0.09%).
The major losers in the BSE Smallcap were Abhishek Industries (2.45%), Provogue (India) (2.01%), Action Construction Equipment (1.38%), A K Capital Services (0.59%) and Aarti Industries (0.41%).
Sectors in Limelight
The Oil & Gas index was at 9,690.88, down by 263.39 points or by 2.65%. The major losers were Hindustan Petroleum Corporation (3.15%), Bharat Petroleum Corporation (1.9%), Indian Oil Corporation (1.39%), Oil India (1.33%) and G A I L (India) (1.03%).
The IT index was at 6,000.93, down by 81.59 points or by 1.34%. The major losers were Tech Mahindra (2.37%), H C L Technologies (2.31%), Infosys Technologies (1.22%), Oracle Financial Services Software (0.53%) and Patni Computer Systems (0.01%).
The Realty index was at 2,064.05, down by 23.66 points or by 1.13%. The major losers were Indiabulls Real Estate (2.31%), Ackruti City (0.97%), Anant Raj Industries (0.72%), Mahindra Lifespace Developers (0.41%) and D L F (0.23%).
On the other hand, the Metal index was at 15,336.06, up by 42.94 points or by 0.28%. The major gainers were NMDC (3.51%), JSW Steel (0.8%), Sesa Goa (0.6%), Bhushan Steel (0.5%) and Hindustan Zinc (0.39%).
Market Breadth
Market breadth was negative with 1,019 advances against 1,664 declines.
Value and Volume Toppers
Reliance Industries topped the value chart on the BSE with a turnover of Rs. 1,326.43 million. It was followed by Tata Coffee (Rs. 902.96 million), Acropetal Technologies (Rs. 834.89 million) and State Bank Of India (Rs. 617.17 million).
The volume chart was led by Cals Refineries with trades of over 35.43 million shares. It was followed by Acropetal Technologies (6.74 million), Bampsl Securities (4.34 million) and Teledata Technology Solutions (3.37 million)
No comments:
Post a Comment