Moneycontrol
May 22, 2013 04:22 PM IST | Source: Moneycontrol.com

Nifty ends at 6100; cap goods, realty, oil & gas drag

The Sensex is down 94.62 points or 0.47% at 20016.99, and the Nifty down 35.60 points or 0.58% at 6078.50. About 834 shares have advanced, 1437 shares declined, and 136 shares are unchanged.

Nifty ends at 6100; cap goods, realty, oil & gas drag

Moneycontrol Bureau
Live Market Commentary

3:50 pm Index losers: BSE Capital Goods index (down 3.8 percent) and BSE Realty index (down 3.6 percent) were laggards of the day. BSE Oil and Gas index fell 0.9 percent from its previous close.

3:45 pm Midcap gainers: Berger Paints and Manappuram Fin were major gainers among the midcap stocks.

3:40 pm Midcap losers: India Cements, Apollo Hospital, AstraZeneca,Dena Bank, HDIL, Muthoot Finance, Omaxe,Puravankara Projects, Shree Renuka, TataTeleservice are major losers in the Sensex.

3:30 pm Market check: The Sensex closed up 32.78 points at 20078.83 while the Nifty ended 13.75 points to be 6100.35.

3:20 pm Puravankara slumps 6% as the price band for the Institutional placement programme (IPP) has been set between Rs 80 to 85a share. The issue opens and closes tomorrow.

Puravankara slumps 6% as the price band for the Institutional placement programme (IPP) has been set between Rs 80 to 85a share. The issue opens and closes tomorrow.

3:15 pm Losers: L&T, Hero Motocorp, Tata Power, GAIL and RIL are major losers in the Sensex.

Slideshow: Balance sheet check: 7 stocks to `hold` in your portfolio post March quarter

3:10 pm Buzzing: India Cements was quoting at Rs 75.75, down Rs 8.90, or 10.51 percent.

Experts take:

Gold rallied for years on 'misunderstanding'
S&P likely to see 1700: Eastspring's Nicholas Ferres

The market is growing weak dragged by capital goods, realty and oil & gas.  The Sensex is down 94.62 points or 0.47% at 20016.99, and the Nifty down 35.60 points or 0.58% at 6078.50. About 834 shares have advanced, 1437 shares declined, and 136 shares are unchanged.

Sun Pharma, Bharti Airtel, Dr Reddys Labs, NTPC and ITC are big gainers in the Sensex.

Big boy L&T disappoints with profit at Rs 1,788 crore, lower than street expectations of Rs 1,944 crore. Margins too are a miss at 12 percent versus estimates of 13.5 percent. The only positive is a bonus issue of 1 share for every 2 held.

Sections
Follow us on
Available On