The key domestic benchmark indices continued to trade in green during the noon trading session on continued buying by domestic investors ahead of key macroeconomic data to be released later in the day.
At 13:10 hours, the 30-share benchmark index was trading at 27210.36 up by 69.95 points or by 0.26 per cent, while the NSE Nifty was at 8397.15 up by 16.5 points or by 0.2 per cent.
Data for Index of Industrial Production (IIP) for November and retail inflation for December are slated to be released today. According to HSBC’s global research report dated 9 January, the December CPI (Consumer Price Index) and WPI (Wholesale Price Index) inflation numbers will fall on a year-on-year (y-o-y) basis, primarily on account of still softening food prices.
In the firm trade so-far, Sensex touched intraday high of 27278.93 and intraday low of 27166.69 The NSE Nifty touched intraday high of 8417.2 and intraday low of 8382.3.
The top gainers of the BSE Sensex pack were NTPC Ltd. (Rs. 172.80,+5.11%), Power Grid Corporation of India Ltd. (Rs. 198.10,+4.40%), Larsen & Toubro Ltd. (Rs. 1447.25,+2.44%), Infosys Ltd. (Rs. 988.50,+2.01%), Oil And Natural Gas Corporation Ltd. (Rs. 200.95,+1.72%), among others.
The top losers of the BSE Sensex pack were Dr. Reddy's Laboratories Ltd. (Rs. 2991.05,-1.85%), Coal India Ltd. (Rs. 311.05,-1.77%), Lupin Ltd. (Rs. 1498.00,-1.47%), Sun Pharmaceutical Industries Ltd. (Rs. 639.85,-1.21%), ITC Ltd. (Rs. 245.35,-0.87%), among others.
Among the sectors, BSE Power index was at 2127.54 up by 61.52 points or by 2.98%. NHPC Ltd. (Rs. 28.90,+5.47%), NTPC Ltd. (Rs. 172.80,+5.11%), Power Grid Corporation of India Ltd. (Rs. 198.10,+4.40%), Crompton Greaves Ltd. (Rs. 64.75,+4.10%), Torrent Power Ltd. (Rs. 185.50,+3.66%),.
On the flip side, HCS index was at 14971.54 down by -151.69 points or by -1%. Lyka Labs Ltd. (Rs. 57.60,-5.19%), Dishman Pharmaceuticals & Chemicals Ltd. (Rs. 243.00,-4.20%), Vivimed Labs Ltd. (Rs. 100.10,-4.03%), Jubilant Life Sciences Ltd. (Rs. 683.70,-3.18%), Nectar Lifesciences Ltd. (Rs. 35.40,-3.15%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2762 , shares advanced were 1166 while 1441 shares declined and 155 were unchanged.