28 Dec 2011:: Sales Traders Commentary :Edelweiss,

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Sales Traders Commentary

On Tuesday, Indian equity benchmarks closed marginally down, snapping earlier gains, led by profit booking in the second half of the trade. Both Sensex and Nifty dipped 0.60% each despite positive global cues. Pulled down by realty, metals, financials, PSU, power and auto stocks.

The Sensex closed at 15873, down 97 points. Nifty slipped 28 points to end the day at 4750

Major gainers were Tata Power Company (1.92%), Bajaj Auto (1.05%), Oil & Natural Gas Corporation (0.50%), Larsen & Toubro (0.30%), Jindal Steel & Power (0.27%), and Mahindra & Mahindra (0.21%).

Major losers were D L F (2.70%), Cipla (2.68%), Coal India (2.44%), Tata Steel (2.42%), Tata Motors (2.36%), and NTPC (2.27%)

The Consumer Durables index jumped up 0.15%. Major gainers were C.Mahendra Exports (1.34%), Blue Star (1.14%), Bajaj Electricals (0.57%), Rajesh Exports (0.48%) and Titan Industries (0.23%).

The Realty index was down by 1.72%. Major losers were Godrej Properties (2.93%), D L F (2.7%), Housing Development and Infrastructure (0.85%), Anant Raj Industries (0.77%) and D B Realty (0.1%).

The Metal index was down by 1.38%. Major losers were JSW Steel (3.07%), National Aluminium Company (2.46%), Coal India (2.44%), Hindalco Industries (1.24%) and Sesa Goa (1.04%).

The Bankex index slipped 1.23%; major losers were Federal Bank (4.25%), Canara Bank (2.86%), Bank Of India (1.77%), H D F C Bank (0.87%) and Bank Of Baroda (0.39%).

Major losers in the mid –cap space were Alstom Projects India (3.17%), A2Z Maintenance & Engineering Services (2.92%), CORE Education and Technologies (0.9%), Aban Offshore (0.3%) and A B G Shipyard (0.18%).

Major losers among small – caps were Action Construction Equipment (2.21%), Trident (1.48%), Aanjaneya Lifecare (1.46%), Adhunik Metaliks (0.77%) and Aarti Industries (0.1%).

Globally, Asian indices ended on a mixed note while European indices are trading higher.