5th April market Closing Updates:

5th April market Closing Updates:

The benchmark Nifty was extremely volatile in trade though it showed some recovery from day's low.
TCS, SBI, BHEL, Tata Motors, Reliance Communications and Bharti Airtel were aiding that recovery ahead of closing.


However, the sell-off continued in ONGC, L&T, NTPC, Reliance Industries, Wipro, HDFC, ICICI Bank, HUL, Infosys, HDFC Bank, ITC and DLF.
Fall in crude oil prices too was quite supportive. Brent crude oil fell 0.5% to USD 120.5 a barrel and US crude declined 0.5% to USD 107.93 a barrel.
The 30-share BSE Sensex was trading at 19,670, down 31 points and the 50-share NSE Nifty fell 6 points to 5,902. The broader indices too recovered their gains - the BSE Midcap Index was up 0.8% and Smallcap up 1.25%.
 Major gainers in the 30-share index
Reliance Communications (3.66%),
Bharat Heavy Electricals (1.33%),
Cipla (1.28%),
Hero Honda Motors (0.82%),
Tata Motors (0.77%),
State Bank Of India (0.69%).

The biggest losers in the Sensex.

Mahindra & Mahindra (1.79%),
Tata Power Company (1.75%),
D L F (1.64%),
Larsen & Toubro (1.63%),
Housing Development Finance Corporation (1.33%),
Wipro (1.31%)
Mid & Small-cap Space
The BSE Mid and small caps outperformed their larger counterparts gaining 0.56% and 1.00% respectively.
The major gainers in the BSE Midcap were Alok Industries (10.37%), Anant Raj Industries (3.61%), A2Z Maintenance & Engineering Services (3.42%), A I A Engineering (1.72%) and A B G Shipyard (1.3%).
The major gainers in the BSE Smallcap were Aarti Industries (6.7%), Abhishek Industries (5.47%), Action Construction Equipment (3.53%), INEOS ABS (India) (2.72%) and Adhunik Metaliks (0.91%).
Sectors in Limelight
The IT index was at 6,611.34, down by 48.2 points or by 0.72%. The major losers were Infosys Technologies (1.09%), H C L Technologies (0.56%), Core Projects and Technologies (0.47%), Patni Computer Systems (0.43%) and Tata Consultancy Services (0.04%).
The Oil & Gas index was at 10,242.57, down by 57.99 points or by 0.56%. The major losers were Hindustan Petroleum Corporation (1.39%), Indian Oil Corporation (1.13%), Cairn India (0.65%), Bharat Petroleum Corporation (0.53%) and Oil India (0.22%).
The Auto index was at 9,491.55, down by 35.82 points or by 0.38%. The major losers were Apollo Tyres (1.79%), Bajaj Auto (0.94%), Amtek Auto (0.74%), Ashok Leyland (0.51%) and Bharat Forge (0.15%).
On the other hand, the Consumer Durables index was at 6,484.85, up by 129.19 points or by 2.03%. The major gainers were Bajaj Electricals (4.7%), Whirlpool Of India (4.3%), Titan Industries (3.1%), Gitanjali Gems (0.94%) and Blue Star (0.78%).
Market Breadth
Market breadth was negative with 1,742 advances against 1,114 declines.
Value and Volume Toppers
State Bank Of India topped the value chart on the BSE with a turnover of Rs. 812.38 million. It was followed by Patel Engineering (Rs. 731.19 million), Lovable Lingerie (Rs. 659.48 million) and Titan Industries (Rs. 528.23 million).
The volume chart was led by Cals Refineries with trades of over 36.81 million shares. It was followed by Alok Industries (9.53 million), Suzlon Energy (6.03 million) and Resurgere Mines and Minerals India (4.25 million).