3rd March 2011 Market Closing Updates:
The benchmark Nifty was extremely volatile.After a sharp spike seen on Tuesday - supported by Budget 2011. Capital goods, auto, HDFC group and cement companies' shares were quite supportive to the markets. However, the sell-off in oil & gas, metal and select financials has limited those gains. NTPC, Infosys, Bharti Airtel and Sun Pharma too were gained.The 30-share BSE Sensex was trading at 18,486, down 40 points and the 50-share NSE Nifty was at 5,537, up 15 points. European markets too were quite supportive with 0.5% gain.
Sensex Movers
Infosys Technologies contributed fall of 42.06 points in the Sensex. It was followed by Reliance Industries (26.64 points), I C I C I Bank (22.93 points), Bharti Airtel (12.38 points) and State Bank Of India (10.51 points).
However, Housing Development Finance Corporation contributed rise of 28.21 points in the Sensex. It was followed by H D F C Bank (21.81 points), Larsen & Toubro (12.81 points), Tata Consultancy Services (8.3 points) and Bharat Heavy Electricals (8.23 points).
Biggest gainers
Tata Power Company (2.95%),
Housing Development Finance Corporation (2.63%),
Reliance Communications (2.44%),
H D F C Bank (2.20%),
Bharat Heavy Electricals (1.87%),
Bajaj Auto (1.43%).
Biggest Losers
Reliance Infrastructure (2.50%),
Hindalco Industries (2.21%),
Infosys Technologies (2.20%),
Bharti Airtel (2.18%),
Sterlite Industries (India) (1.93%),
Tata Steel (1.86%)
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.11% and 0.29% respectively.
The major gainers in the BSE Midcap were A2Z Maintenance & Engineering Services (1.04%), Core Projects and Technologies (0.16%), Alstom Projects India (0.16%), Aban Offshore (0.1%) and Allcargo Global Logistics (0.03%).
The major gainers in the BSE Smallcap were A K Capital Services (2.12%), A B G Infralogistics (1.09%), Reliance MediaWorks (0.28%), Aarti Industries (0.1%) and Adhunik Metaliks (0.1%).
Sectors in Limelight
The Metal index was at 15,788.30, down by 195.05 points or by 1.22%. The major losers were Hindalco Industries (2.21%), Jindal Steel & Power (0.9%), Bhushan Steel (0.66%), NMDC (0.65%) and JSW Steel (0.22%).
The IPO index was at 1,717.48, down by 19.12 points or by 1.1%. The major losers were Bajaj Corp (9.52%), Adani Power (3.56%), Ashoka Buildcon (0.6%), Aster Silicates (0.57%) and ARSS Infrastructure Projects (0.11%).
The IT index was at 6,187.45, down by 64.03 points or by 1.02%. The major losers were Infosys Technologies (2.2%), H C L Technologies (1.87%), Oracle Financial Services Software (1.59%), Patni Computer Systems (0.88%) and Mphasis (0.88%).
On the other hand, the Capital Goods index was at 13,066.21, up by 147.34 points or by 1.14%. The major gainers were Bharat Heavy Electricals (1.87%), BGR Energy Systems (1.42%), BEML (0.82%), A B B (0.47%) and Alstom Projects India (0.16%).
Market Breadth
Market breadth was negative with 1,424 advances against 1,336 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 1,448.91 million. It was followed by Tata Motors (Rs. 748.83 million), Larsen & Toubro (Rs. 672.29 million) and T T K Prestige (Rs. 631.13 million).
The volume chart was led by Lanco Infratech with trades of over 11.89 million shares. It was followed by Camlin (7.00 million), Spicejet (6.56 million) and Reliance Communications (5.68 million).
Sensex Movers
Infosys Technologies contributed fall of 42.06 points in the Sensex. It was followed by Reliance Industries (26.64 points), I C I C I Bank (22.93 points), Bharti Airtel (12.38 points) and State Bank Of India (10.51 points).
However, Housing Development Finance Corporation contributed rise of 28.21 points in the Sensex. It was followed by H D F C Bank (21.81 points), Larsen & Toubro (12.81 points), Tata Consultancy Services (8.3 points) and Bharat Heavy Electricals (8.23 points).
Biggest gainers
Tata Power Company (2.95%),
Housing Development Finance Corporation (2.63%),
Reliance Communications (2.44%),
H D F C Bank (2.20%),
Bharat Heavy Electricals (1.87%),
Bajaj Auto (1.43%).
Biggest Losers
Reliance Infrastructure (2.50%),
Hindalco Industries (2.21%),
Infosys Technologies (2.20%),
Bharti Airtel (2.18%),
Sterlite Industries (India) (1.93%),
Tata Steel (1.86%)
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.11% and 0.29% respectively.
The major gainers in the BSE Midcap were A2Z Maintenance & Engineering Services (1.04%), Core Projects and Technologies (0.16%), Alstom Projects India (0.16%), Aban Offshore (0.1%) and Allcargo Global Logistics (0.03%).
The major gainers in the BSE Smallcap were A K Capital Services (2.12%), A B G Infralogistics (1.09%), Reliance MediaWorks (0.28%), Aarti Industries (0.1%) and Adhunik Metaliks (0.1%).
Sectors in Limelight
The Metal index was at 15,788.30, down by 195.05 points or by 1.22%. The major losers were Hindalco Industries (2.21%), Jindal Steel & Power (0.9%), Bhushan Steel (0.66%), NMDC (0.65%) and JSW Steel (0.22%).
The IPO index was at 1,717.48, down by 19.12 points or by 1.1%. The major losers were Bajaj Corp (9.52%), Adani Power (3.56%), Ashoka Buildcon (0.6%), Aster Silicates (0.57%) and ARSS Infrastructure Projects (0.11%).
The IT index was at 6,187.45, down by 64.03 points or by 1.02%. The major losers were Infosys Technologies (2.2%), H C L Technologies (1.87%), Oracle Financial Services Software (1.59%), Patni Computer Systems (0.88%) and Mphasis (0.88%).
On the other hand, the Capital Goods index was at 13,066.21, up by 147.34 points or by 1.14%. The major gainers were Bharat Heavy Electricals (1.87%), BGR Energy Systems (1.42%), BEML (0.82%), A B B (0.47%) and Alstom Projects India (0.16%).
Market Breadth
Market breadth was negative with 1,424 advances against 1,336 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 1,448.91 million. It was followed by Tata Motors (Rs. 748.83 million), Larsen & Toubro (Rs. 672.29 million) and T T K Prestige (Rs. 631.13 million).
The volume chart was led by Lanco Infratech with trades of over 11.89 million shares. It was followed by Camlin (7.00 million), Spicejet (6.56 million) and Reliance Communications (5.68 million).
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