Nifty ends above 200 DMA; L&T, ABB, Siemens led recovery
17 May 2010
The Sensex was down 164.78 points or 0.97% at 16829.82, and the Nifty down 33.60 points or 0.66% at 5059.90. About 1100 shares advanced, 1737 shares declined, and 448 shares were unchanged.
The total turnover for the day was Rs 131032.57 crore. NSE F&O recorded total turnover of Rs 1,14,072.51 crore. The breakup of cash segment was Rs 12,981.73 crore in NSE Cash and Rs 3,978.33 crore in BSE Cash
Capital good index gained over 2.5% on the back of strong L&T earnings number. Selective buying in pharma and FMCG stocks also led the pullback rally. BSE Midcap index ended with minimal loss of 0.2%. BSE Smallcap index was down 0.7%.
However, oil& gas, IT, auto and realty were trading weak. Stocks like L&T, SBI, Bharti Airtel, Sterlite Ind and HUL were positive contributors to the Sensex while Reliance, Infosys, ICICI Bank, HDFC and ITC were negative contributors.
Top gainers on the Sensex were L&T at Rs 1,606.6 up 5.03%, HUL at Rs 239.75 up 2.57%, SBI at Rs 2,259 up 1.64%, Bharti Airtel at Rs 266.50 up 0.78% and Cipla at Rs 314.05 up 0.26%.
Top losers on the Sensex were DLF at Rs 286.45 down 4.12%, Wipro at Rs 645 down 3.34%, ACC at Rs 863 down 3.29%, Tata Motors at Rs 786.05 down 3.64% and Jaiprakash Associates at Rs 125.55 down 3.2%.