Like the markets today, the sectors too had a upside down tilt. TECNOLOGY became the weakest and CONSUMER SERVICES was the strongest with a gain of 1.80% on its index value. Media industry, with a gain of close to 4% followed by Food processing industry, with a gain of close to 1.5% on its index was the major strength to bring the CONSUMER SERVICES Sector to the top.
Media Industry had a slew of big time gainers today. ZEEL 4.4%, SUNTV 3.4%, NDTV 4.1%, JAGRAN 4.7% while IBN and ENIL made gains of above 7%. Many of the stocks in this sector are already in the long trade. TV18 has been in buy from 80.00, NDTV from 109.00, ENIL from 227.00 where as IBN18 has just opened out into a new bullish trend.
On the TECHNOLOGY side, Hardware industry and Software Training Industry were big losers. CMC lost most of its previous days gains which along with SMARTLINK pulled down the Hardware Industry.
The top 5 Industries on the gaining side today are Media, Housing & Reality, Finance Term Lending and Tobacco Industries which gained above 3%. On the losing side it was Dyes and Pigments, Chemicals and Hardware Industry groups that have lost more than 1%.
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