Mrkts end flat, broader indices outperformed
Mumbai, Apr 20: The 30-share BSE Sensex closed at 10,979.50, down 43.59 points or 0.4 per cent. The 50-share NSE Nifty shut shop at 3377.10, down 0.22 per cent or 7.3 points.Markets end on a flat note amid volatility.
The benchmark Indices were positive in the first half of the day, however they slipped to red in the second half. The markets were choppy throughout the session.
Metal, capital goods (barring BHEL), select auto and telecom stocks saw buying interest while the gains were capped by FMCG, financials and pharma stocks.
ICICI Bank, HDFC, ITC, NTPC, Tata Power, TCS, SBI and Reliance Communication were negative contributors to the Sensex while L&T, Bharti, Reliance Infrastructure, Sterlite, Tata Motors, Tata Steel and ACC were active on the markets.
Broader indices outperformed the benchmark indices. BSE Midcap Index went up 56.31 points or 1.62 per cent, ending at 3,528.91 and Smallcap Index closed 1.51 per cent or 59.59 points higher at 4,011.15.
Due to the increment in the broader indices, Market breadth was positive. About 1719 shares advanced while 1251 shares declined and nearly 126 shares remained unchanged.
Global
cues
were
negative.
The
FTSE
was
down
53
points,
to
4,039,
CAC
was
trading
at
3,021,
down
70
points
and
the
DAX
was
trading
at
4,553,
down
123
points;
in
the
Indian
equities.
4:15
PM
Mrkts
still
volatile,
continue
positive
At
1:
23
PM,
the
Sensex
was
up
123.28
points
or
1.12
per
cent
at
11146.37,
and
the
Nifty
was
up
34.95
points
or
1.03
per
cent
at
3419.35.
The
markets
were
trading
positive
amid
volatility.
Metal, capital goods, realty, banks, auto and telecom stocks. Reliance, Infosys, ICICI Bank, L&T and Bharti Airtel saw buying interest which positively contributed to the Sensex. The BSE midcap and smallcap indices were up over 2 per cent each.
Reliance Infra at Rs 701, Jaiprakash Asso at Rs 118.60, Tata Motors at Rs 245, Reliance Comm at Rs 225 and Tata Steel at Rs 265.25 were the top gainers on the Sensex.
Top gainers on the BSE Midcap were Berger Paints, Thomas Cook, BGR Energy, Hind Constr and UTV Software, which were up 10 to 16 per cent.
Top gainers on the BSE Smallcap saw an increase of 12 tp 19 per cent, they were Gwalior Chem, Sasken Comm, GRUH Finance, Prism Cement and Dynamatic Tech.
ITC was trading at Rs 184.90 down 1.57 per cent from its previous close of Rs 187.85.
Sun Pharma at Rs 1,181.25 down 2.02 per cent, ITC at Rs 184.90 down 1.57 per cent, NTPC at Rs 190.55 down 1.3 per cent, Tata Power at Rs 871.05 down 1.05 per cent and TCS at Rs 567.35 down 0.99 per cent, became the top losers.
The
market
breadth
was
positive.
About
1919
shares
advanced,
1049
shares
declined,
and
127
shares
remain
unchanged.
1:45
PM
Mkts
trading
higher
amid
volatility
At
10:17
AM,
the
Sensex
was
trading
at
11,125,
up
102
points
and
the
Nifty
was
trading
at
3,414,
up
29
points.
Broader
indices
-
BSE
Midcap
and
Smallcap
indices
gained
2
per
cent
each.
The benchmark indices were trading higher amid volatility. Shares of banking, auto, realty, cement, metal, private power companies and stocks like Reliance Industries and L&T were witnessing buying interest. However, the sell-off in NTPC, Bharti, Infosys, Cipla and HUL capped the gains.
Reliance Industries, SBI, DLF, L&T, HDFC Bank, SAIL, TCS, Tata Motors, Unitech, Reliance Infrastructure and ICICI Bank were active on the markets.
BSE Realty, Metal, Capital Goods, Bank, Auto and Power indices went up 1.5 to 4 per cent.
Among the midcap stocks, 3M India, Hindusthan Oil Exploration, Hotel Leela, Apollo Hospital and Bajaj Finserv were up 7 to 8.6 per cent. And in the small cap arena, GRUH Finance, Sundram, Austral Coke, Aztecsoft and Ganesh Housing gained 10 to 17 per cent.
On
the
whole
the
market
breadth
was
positive
due
to
gain
in
the
broader
indices.
About
1791
shares
advanced
while
1169
shares
declined
and
nearly
135
shares
remained
unchanged.
11:50
AM
OneIndia News