Sensex remains directionless; ITC falls 3% Analysis for Oct 28, 2013

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The 30-share benchmark index turned directionless during the noon trading session swinging between positive and negative zone. Sensex was tad higher at 7 points supported by gains in LNT, Reliance Industries, HDFC, Tata Powers, Bajaj Auto and ONGC among others.

At 1:13PM BSE SENSEX was at 20691.5, up by 7.98 points or by 0.04 per cent, while the NSE Nifty was at 6141.9 down by 3 points or by 0.05 per cent.

The BSE Sensex touched an intraday high of 20771.36 and an intraday low of 20659.07, while the NSE Nifty touched an intraday high of 6168.75 and an intraday low of 6128.75.

The BSE MIDCAP was at 5951.05 down by 14.43 points or by 0.24 per cent, while the BSE SMLCAP was at 5820.55 down by 5.2 points or by 0.09 per cent.

The top gainers of the BSE Sensex pack were Larsen & Toubro Ltd. (Rs. 968.60,+2.23%), Reliance Industries Ltd. (Rs. 903.00,+1.94%), Housing Development Finance Corporation Ltd. (Rs. 820.00,+1.25%), Tata Power Company Ltd. (Rs. 80.85,+1.06%), Bajaj Auto Ltd. (Rs. 2100.05,+0.98%), among others.

The top losers of the BSE Sensex pack were ITC Ltd. (Rs. 329.95,-2.96%), Sesa Sterlite Ltd. (Rs. 198.30,-1.93%), Tata Steel Ltd. (Rs. 316.80,-1.57%), Coal India Ltd. (Rs. 275.75,-1.18%), Sun Pharmaceutical Industries Ltd. (Rs. 604.35,-0.97%), among others.

In BSE, BSE_CDS index was at 6062.19 up by 116.35 points or by 1.96%. Titan Company Ltd. (Rs. 252.00,+3.32%), VIP Industries Ltd. (Rs. 58.10,+2.92%), PC Jeweller Ltd. (Rs. 97.25,+1.25%), TTK Prestige Ltd. (Rs. 3295.00,+0.56%), Videocon Industries Ltd. (Rs. 174.00,+0.46%),.

In BSE, BSE_CGS index was at 9010.29 up by 123.7 points or by 1.39%. Suzlon Energy Ltd. (Rs. 11.29,+4.93%), Larsen & Toubro Ltd. (Rs. 968.60,+2.23%), SKF India Ltd. (Rs. 585.00,+1.71%), Welspun Corp Ltd. (Rs. 39.40,+1.16%), Bharat Heavy Electricals Ltd. (Rs. 138.00,+0.62%),.

In BSE, BSE Metal index was at 8881.72 down by -93.72 points or by -1.04%. Sesa Sterlite Ltd. (Rs. 198.30,-1.93%), Tata Steel Ltd. (Rs. 316.80,-1.57%), Coal India Ltd. (Rs. 275.75,-1.18%), Hindustan Zinc Ltd. (Rs. 130.85,-1.13%), Hindalco Industries Ltd. (Rs. 108.40,-0.69%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total 2305 shares traded, 943 shares advanced, 1211 shares declined while 151 remained unchanged.

On the global front, the European peers were trading mixed, CAC 40 was down by 0.08 per cent, DAX was trading up by 0.06 per cent followed by FTSE 100 trading higher by 0.12 per cent.

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Story first published: Monday, October 28, 2013, 13:36 [IST]
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