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Mkts end flat; IT, auto, banks slip; metals, power gain

Published on Tue, Feb 05, 2008 at 09:45 , Updated at Tue, Feb 05, 2008 at 18:42
Source : moneycontrol

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It was a very quiet day for the markets as they opened on weak note in line with its global peers and traded quiet but flat amid for most part of the day. Broader markets were in focus during todays trade and the market breadth was positive through the day. However, on the volume front, the markets disappointed once again. 

It was a bad for the auto, IT and banking stocks as they traded on subdued note through out the day. Metal, realty, power and pharma stocks were firm along with the midcap stocks.   

Sensex  ended up 2.84 points or 0.02% at 18663.16, and the Nifty was up 20.40 points or 0.37% at 5483.90. On BSE, about 1985 shares advanced, 961 shares declined, and 62 shares were unchanged. BSE midcap ended up 0.83% at 8071.29 and smallcap was up 1.01% at 10466.78.

BSE auto index ended down 1.635 at 5024.67. Hero Honda, Maruti, and Mahindra & Mahindra were top losers.

BSE bankex closed down 1.56% at 10937.60. Axis bank, HDFC bank and Union bank were top losers. 

BSE FMCG index ended down 0.46% at 2234.04. GSK, bata India and United Spirits were top losers.

BSE IT index ended down 1.41% at 4039.82. TCS, Mphasis, Wipro were top losers.

BSE capital goods index was up 0.74% at 16921.37. Reliance Infra, Lakshmi machine and ABb were the top gainers in this space.

BSE pharma index ended up 1.68% at 3769.45. Orchid Chemical, Ranbaxy, Dr Reddy's Lab were top gainers.

BSE  metal index closed up 2.16% at 16793.81. Jindal Saw, Jindal Stainless and JSW Steel were top gainers.

BSE oil & gas index ended up 1.08% at 11415.49. RNRL, Petronet LNG and RPL were the top gainers in this sector.

BSE power index closed up 1.6% at 3952.67. CESC, ABB, Torrent Power were the top gainers in this space.

BSE realty index up at 1.5% at 10671.23. Sobha Developers, Phoenix Mills, Unitech and HDIl were the top gainers in this space.

Markets snapshot:

  • Markets continue in uncertainty; Total turnover at sub Rs 50,000 cr levels;
  • Midcaps & Smallcaps outperform large caps
  • Sensex almost flat at 18663; Nifty up 20 pts at 5484
  • CNX Midcap Index up 0.76%, BSE Small cap Index up 1%
  • BSE Metals Index up 2.2%; Hindalco up 1.9%, Tata Steel up 1.9%, Nalco down 2.1%, Sterlite down 1.6%
  • BSE Realty Index up 1.5%; Unitech up 4.4%
  • BSE Oil & Gas Index up 1.1%; RPL up 2.4%, ONGC up 2.1%, HPCL up 1.7%
  • BSE Capgoods Index up 0.74%; ABB up 5%, BHEL up 1.3%, L&T up 1.2%
  • BSE Auto Index up 1.6%; Hero Honda down 5.2%, Maruti down 2.8%, M&M down 2.7%, Bajaj Auto down 2.2%, Tata Motors down 2.1%
  • BSE Bank Index up 1.6%; HDFC Bank down 2.3%, SBI down 2%,
  • Index Gainers: Dr Reddy’s up 4%, NTPC up 3.9%, Ranbaxy up 3.7%, Tata Power up 3.1%, Cipla up 2.1%
  • Index Losers: Suzlon down 2.3%, Idea down 2.1%, TCS down 2.1%, Grasim down 2%
  • Non Index Gainers: Jindal Steel up 14.3%, Neyveli Lig up 12.3%, Nagarjuna Fert up 11.4%, Escorts up 9.7%, Sobha Dev up 8.7%, Indus Ind Bank up 8.1%, Indian Bank up 7.5%
  • Non Index Losers: Geojit Fin down 4.3%, Indiabulls real down 4.1%, Guj NRE Coke down 3.5%, Indiabulls Fin down 3.2%, Crompton Greaves down 3%
  • NSE Advance Decline is 7:4
  • Total Turnover at Rs 48,740 Vs Rs 59,672 Cr yesterday

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