NSE NIFTY LIVE TIPS 04 JUN 2012

SENSEX TRADES DOWN 182 POINTS; DLF, GAIL & STERLITE FALL

DATE: 04/06/2012       

                   Indian markets continued to drop for the fourth day on Monday.  Sensex was trading down 181.53 points or 1.14% at 15,783.63 with 27 components falling. Meanwhile, the Nifty was trading lower by 60.25 points or 1.24% at 4,781.35 with 48 components falling.

The 30-share benchmark index, BSE Sensex opened with a decline of 156.28 points or 0.98% at 15,808.88, while the broad based NSE Nifty started with a fall of 44.30 points or 0.91%, at 4,797.30.

Sensex Movers

Infosys contributed fall of 21.46 points in the Sensex. It was followed by Tata Consultancy Services (16.78 points), I T C (16.3 points), Reliance Industries (14.15 points) and State Bank Of India (13.29 points).

However, Oil & Natural Gas Corporation contributed rise of 4.28 points in the Sensex. It was followed by Hero Motocorp (2.16 points), Tata Motors (1.02 points), Bharat Heavy Electricals (0.97 points) and Mahindra & Mahindra (1.29 points).

Biggest gainers in the 30-share index were Hero Honda Motors (0.99%), Oil & Natural Gas Corporation (0.69%), and Tata Motors (0.18%).

On the other hand, D L F (4.74%), G A I L (India) (2.92%), Sterlite Industries (India) (2.41%), Jindal Steel & Power (2.32%), Hindalco Industries (2.28%), and State Bank Of India (2.19%) were the biggest losers in the Sensex.

Mid & Small-cap Space

The BSE Mid and small caps outperformed their larger counterparts declining-1.14% and -0.62% respectively.

The major losers in the BSE Midcap were Amara Raja Batteries (2.5%), Alok Industries (2.44%), Alstom Projects India (2.4%), Aban Offshore (1.34%) and A B G Shipyard (0.39%).

The major losers in the BSE Smallcap were Aanjaneya Lifecare (2.88%), A2Z Maintenance & Engineering Services (2.08%), Aarti Industries (1.2%), A B G Infralogistics (0.5%) and Trident (0.21%).

Sectors in Limelight

The Consumer Durables index was at 5,999.33, down by 156.43 points or by 2.54%. The major losers were Bajaj Electricals (4.2%), Titan Industries (3.99%), C.Mahendra Exports (1.27%), Blue Star (0.95%) and Rajesh Exports (0.73%).

The Realty index was at 1,513.68, down by 39.02 points or by 2.51%. The major losers were D B Realty (5.12%), D L F (4.74%), Housing Development and Infrastructure (2.67%), Anant Raj Industries (0.76%) and Sobha Developers (0.09%).

The Metal index was at 9,754.11, down by 180.75 points or by 1.82%. The major losers were Jindal Steel & Power (2.32%), Hindalco Industries (2.28%), Bhushan Steel (1.64%), Hindustan Zinc (1.54%) and Coal India (1.18%).

The IT index was at 5,464.63, down by 87.64 points or by 1.58%. The major losers were Infosys (1.58%), H C L Technologies (1.56%), Hexaware Technologies (1.39%), Oracle Financial Services Software (1%) and Mphasis (0.5%).

Market Breadth

Market breadth was negative with 708 advances against 1,221 declines.

Value and Volume Toppers

Indraprastha Gas topped the value chart on the BSE with a turnover of Rs. 334.19 million. It was followed by Tata Motors (Rs. 195.33 million), State Bank Of India (Rs. 184.30 million) and Wockhardt (Rs. 136.59 million).

The volume chart was led by Suzlon Energy with trades of over 1.51 million shares. It was followed by Indraprastha Gas (1.32 million), Kingfisher Airlines (1.01 million) and Shree Ashtavinayak Cine Vision (1.01 million).

                                                                               

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