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IT & energy, big gainers
Tue, 1 Apr 01:30 pm

Indian share markets continued to trade weak in the post-noon trading session. Sectoral indices are trading in the mixed with IT, energy and consumer durable stocks being the biggest gainers. Banking, capital goods and realty stocks are among the stocks trading in the red.

BSE-Sensex is down 17 points and NSE-Nifty is trading 6 points down. BSE Mid Cap is trading 0.2% down whereas BSE Small Cap index is trading up by 0.1%. The rupee is trading at 59.9 to the US dollar.

Automobile stocks are trading mixed with Maharashtra Scooters and Escorts being the major gainers whereas Ashok Leyland and Maruti Suzuki are trading in the red. As per a leading financial daily, Maruti Suzuki posted a 5.2% fall in domestic passenger car sales in March to 1.02 lakh units. Exports for the month were down by 8% to 11,081 units. But for the full year FY14, the company has managed to report a 0.3% rise in sales at 10.5 lakh units. Maruti's stock is currently trading down by 1.4%.

Majority of the power stocks are trading mixed with Power Grid and KSK Energy being among major gainers whereas IndiaBulls Power and PTC India are the biggest losers. As per a leading financial daily, NTPC has commenced generation of power from three solar power projects thereby raising its overall renewable energy capacity to 75 MW. The company has started producing electricity from solar plants located at Rajgarh in Chattisgarh (30 MW), Unchahar in Uttar Pradesh (10 MW) and Faridabad (5 MW). Apart from this, even its second 500 MW unit at Mouda Super Thermal Power Station has started commercial operations. The company's total capacity stands at 43,019 MW. NTPC stock is trading up 1.2%.

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