Mrkts end low, Wipro, Infosys, ITC capped losses
Mumbai, Apr 22: The 30-share BSE Sensex closed at 10,817.54, down 0.74% or 80.57 points. The 50-share NSE Nifty shut shop at 3330.30, down 1.04% or 35 points. Markets were volatile through the day and both the indices were under pressure.
Selling pressure was seen in Capital goods, telecom, realty, metal, pharma, select power and banking stocks and individual stocks like ONGC and HCL Tech. However, the losses were capped by the buying in Reliance Industries, Wipro, Infosys, Suzlon, ITC, ACC, ICICI Bank and Ambuja Cements.
The sell-off was led by ONGC, BHEL, L&T, DLF, SBI, Bharti Airtel, Sterlite, Maruti, Reliance Communication, Sun Pharma, SAIL, Tata Power and ABB.
Broader indices underperformed the benchmark indices. BSE Midcap Index fell 40.36 points or 1.15 per cent, to 3,482.78 and Smallcap Index slipped 65.30 points or 1.62 per cent, to settle at 3,962.68.
Total
traded
turnover
stood
at
Rs
89,225.17
cr.
This
includes
Rs
13,562.69
crore
from
NSE
cash
segment,
Rs
70,645.94
crore
from
NSE
F&O
and
the
balance
Rs
5,016.54
crore
from
BSE
cash
segment.
4:35
PM
Mrkts
still
volatile,
Reliance,
3i
infotech
slip
At
1:22
PM
the
Sensex
was
trading
at
10,767,
down
130
points
and
the
Nifty
was
down
50
points,
to
3,314.
BSE
Midcap
and
Smallcap
indices
slipped
1.3
to
2
percent.
The
market
continues
to
experience
volatility.
Relaty, capital goods, power, auto, pharma, metal and banking stocks were under pressure.
ONGC, Bharti, BHEL, SBI, DLF, Maruti, L&T, Sun Pharma, Sterlite, HDFC, SAIL and Axis Bank, Tata Power, HDFC Bank and Ranbaxy Labs were active on market.
BSE Reality index went down over 4 per cent and Capital Goods, Auto, Power, Healthcare, Metal, Bank and Oil & Gas indices fell 1 to 2 per cent.
In the midcap stocks, UTV Software, Rolta, Puravankara Projects, TV18 and HOEC declined 9 to 13 percent.
In the small cap arena, Reliance Industrial Infrastructure, SREI Infra, Noida Toll, 3i Infotech and NIIT slipped 11 to 15 per cent.
The
market
breadth
was
in
favour
of
the
declines.
About
1238
shares
advanced
while
1714
shares
declined
and
nearly
148
shares
remained
unchanged.
1:50
PM
Mrkts
volatile,
Wipro,
ICICI
see
buying
interest
At
11:
37
AM
the
Sensex
was
trading
at
10,945,
up
47
points
and
the
Nifty
was
up
just
2
points,
to
3,367
and
the
markets
are
volatile.
BSE
Midcap
Index
was
up
over
1
per
cent
and
Smallcap
Index
gained
0.6
per
cent.
Buying interest was seen in Reliance Industries, Wipro, Reliance Communications, ICICI Bank, DLF, HDFC, Infosys, ITC, Reliance Infrastructure, L&T, ACC, Ambuja Cements, Tata Steel and Tata Motors. And ONGC, NTPC, Bharti, BHEL, Sun Pharma, Maruti, HCL Tech, SAIL, Tata Power, Sterlite, Grasim, Unitech and Siemens experienced pressure.
Motherson
Sumi,
Reliance
Industries,
Reliance
Capital,
Reliance
Infrastructure,
Educomp
Solutions,
ICICI
Bank
and
Suzlon
Energy
were
leading
the
counters.
12:30
PM
Mrkts
trading
higher
with
choppiness
At
9:58
AM,
the
Sensex
was
trading
at
10,955,
up
56
points
and
the
Nifty
was
up
7
points,
to
3,372.
The
CNX
Midcap
100
rose
50
points,
to
3,937.
The
bench
mark
indices
were
trading
marginally
higher
with
some
choppiness.
Markets were being supported by banking, realty, select metal and capital goods stocks.
The gainers among the frontliners were Wipro, Axis Bank, ICICI Bank, PNB, SBI, Tata Motors, Tata Steel, Suzlon, Unitech, DLF, L&T and Punj Lloyd and Sun Pharma was among the losers.
Wipro gained 2 per cent, on the company Q4 numbers. However, HCL Technologies went down 8.5 per cent post earnings and Rolta fell 1 per cent after its Q4 numbers.
In
the
midcap
and
small
cap
space,
Mangalore
Chemical,
Nagarjuna
Fertilisers,
RCF,
Era
Infra
and
Voltas
gained
2
to
5
per
cent;
but
3i
Infotech,
Alok
Industries,
Gateway
Distriparks,
NIIT
and
S
Kumars
Nationwide
will
be
excluded
from
F&O,
all
these
stocks
were
down.
11:00
AM