The 30-share benchmark index, BSE Sensex opened with a gain of 104.32 points or 0.58% at 18,141.51, while the broad based NSE Nifty started with a rise of 36.35 points or 0.67%, at 5,432.35.
Sensex Movers
Infosys Technologies contributed rise of 16.78 points in the Sensex. It was followed by Bharti Airtel (7.57 points), I T C (6.28 points), Housing Development Finance Corporation (6.25 points) and State Bank Of India (5.64 points).
However, I C I C I Bank contributed fall of 12.63 points in the Sensex. It was followed by Reliance Industries (10.98 points), Mahindra & Mahindra (9.9 points), Larsen & Toubro (6.63 points) and Oil & Natural Gas Corporation (5.92 points).
Major gainers in the 30-share index were Cipla (1.83%), Bajaj Auto (1.42%), Tata Power Company (1.41%), Bharti Airtel (1.36%), NTPC (0.95%), and Infosys Technologies (0.90%).
On the other hand, Mahindra & Mahindra (2.63%), D L F (1.26%), Jaiprakash Associates (1.17%), Maruti Suzuki India (1.05%), Oil & Natural Gas Corporation (0.92%), and Hero Honda Motors (0.92%) were the biggest losers in the Sensex.
Mid & Small-cap Space
The BSE Mid and small caps underperformed their larger counterparts declining -0.22% and 0.23% respectively.
The major losers in the BSE Midcap were Aban Offshore (2.01%), Alstom Projects India (0.56%), A2Z Maintenance & Engineering Services (0.55%), Core Projects and Technologies (0.09%) and Alfa-Laval (India) (0.08%).
The major losers in the BSE Smallcap were Adhunik Metaliks (0.99%), Advanta India (0.96%), A B G Infralogistics (0.45%), Abhishek Industries (0.19%) and Ador Welding (0.06%).
Sectors in Limelight
The TECk index was at 3,719.42, up by 25.84 points or by 0.70%. The major gainers were Bharti Airtel (1.36%), Idea Cellular (1.02%), Mphasis (0.44%), Dish TV India (0.43%) and Reliance MediaWorks (0.21%).
The IT index was at 6,308.40, up by 38.38 points or by 0.61%. The major gainers were Patni Computer Systems (0.91%), Infosys Technologies (0.9%), Mphasis (0.44%), Oracle Financial Services Software (0.39%) and Tech Mahindra (0.17%).
The Realty index was at 2,212.22, down by 23.73 points or by 1.06%. The major losers were Housing Development and Infrastructure (1.3%), D L F (1.26%), Indiabulls Real Estate (0.46%), Godrej Properties (0.18%) and Ackruti City (0.07%).
The Auto index was at 8,534.68, down by 46.89 points or by 0.55%. The major losers were Mahindra & Mahindra (2.63%), Maruti Suzuki India (1.05%), Hero Honda Motors (0.92%), Ashok Leyland (0.76%) and Bharat Forge (0.12%).
Market Breadth
Market breadth was negative with 876 advances against 1,104 declines.
Value and Volume Toppers
Adani Enterprises topped the value chart on the BSE with a turnover of Rs. 587.59 million. It was followed by Sun TV Network (Rs. 243.83 million), State Bank Of India (Rs. 154.30 million) and I C I C I Bank (Rs. 151.58 million).
The volume chart was led by Shree Ashtavinayak Cine Vision with trades of over 3.76 million shares. It was followed by Jupiter Bioscience (1.92 million), Cals Refineries (1.92 million) and Suzlon Energy (1.91 million).