Sensex slips in second-half; auto stocks buck trend

Image
BS Reporter Mumbai
Last Updated : Mar 05 2013 | 8:23 PM IST

The Sensex today opened 24 points higher at 15,691. Despite yesterday's fall the index today exhibited strength in the morning trades owing to firm cues from the Asian markets and the good monthly car sales numbers. 

The Taiwan Weighted Index soared 3% and the Seoul Composite Index  added 2% and all the other indices ended on a positive note.Auto major Maruti  posted a surge of 42% in sales numbers.

The BSE benchmark index surged to a high of 15,923, up 256 points. However, the index slipped into the negative terrain on the back of sudden selling in the realty, metal and power stocks. The index slipped to a low of 15,475, down 448 points from the day's high. The Sensex finally ended at 15,551, down 115 points.

The NSE Nifty finally settled at 4,625, down 37 points. The index touched a high of 4,736, before tumbling to a low of 4,600.

The market breadth was negative. Out of 2,870 shares traded, 1,150 advanced and 1,656 declined on the BSE today.

Mostly all the sectoral indices ended in red with realty index leadng the fall, down 3% at 4,278. It was followed by metal, power, capital goods and healthcare indices, down 1-2% each.

INDEX SHAKERS...

ACC slipped 3.5% to Rs 779, and  Sterlite dropped 3% to Rs 654.

HDFC, BHEL and Jaiprakash Associates slipped around 2.5% each to Rs 2,413, Rs 2,261 and Rs 222, respectively.

ONGC, Hindalco, Reliance Infrastructure, DLF, Tata Steel and HDFC Bank declined over 1.5% each.

...AND THE MOVERS

Maruti surged 7.5% to Rs 1,546. Tata Motors gained around 6% to Rs 518.

Hero Honda and Wipro were up over 1% each at Rs 1,535 and Rs 559, respectively.

VALUE & VOLUME TOPPERS

NHPC topped the combined value chart with a turnover of Rs 2,625 crore. it was followed by Unitech (Rs 1,312 crore), Mahindra Satyam (Rs 1,085 crore), DLF (Rs 873 crore) and Aban Offshore (Rs 829 crore).

NHPC also led the volumes chart with trades of 702 million shares. It was followed by Unitech (123 million), Suzlon (121 million), Mahindra Satyam (87 million) and IFCI (68 million).

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 01 2009 | 4:18 PM IST

Next Story