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Retail stocks disappoint as Sensex plays volatile

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A day after Diwali brought little cheers for investors. The 30-share benchmark index, Sensex, opened on a positive note on Wednesday, after posting a steep gain of 519 points during the traditional one-hour trading on Diwali yesterday.

The sensitive index of the BSE opened higher at 9,297 points, against the previous close at 9,008. With extreme volatility, Sensex ended at 9044, up 36 points. The fifty-share Nifty shut shop at 2697, up 12 points.

Meanwhile, BSE Midcap index lost 2 per cent and BSE Smallcap index, one per cent. Metal and oil & gas stocks saw good buying coming in, whereas realty, pharma and FMCG stocks witnessed selling pressure. While the top gainers at Sensex today were Hindalco, Mahindra & Mahindra, Wipro and ACC; Reliance Communications, Ranbaxy, DLF and Satyam Computer featured among top losers.

Retail Stocks at Sensex

It was a mixed day for retail stocks. While majority of the stocks in the segment declined, those making advances included Shoppers Stop, Provogue, Aditya Birla Nuvo, PVR, Inox and Liberty Shoes. A quick look at retail stocks today:

Movers
Shoppers Stop
Day’s close: Rs 170
Change: Rs 15.00 or 9.68 per cent

Aditya Birla Nuvo
Day’s close: Rs 499.70
Change: Rs 0.90 or 0.18 per cent

Provogue
Day’s close: Rs 58.25
Change: Rs 0.75 or 1.30 per cent

Bombay Dyeing
Day’s close: Rs 173
Change: Rs 13.75 or 8.63 per cent

PVR
Day’s close: Rs 87.45
Change: Rs 3.20 or 3.80 per cent

Inox Leisure
Day’s close: Rs 38.30
Change: Rs 0.30 or 0.79 per cent

Liberty Shoes
Day’s close: Rs 46.50
Change: Rs 5.40 or 13.14 per cent

Shakers
Pantaloon Retail
Day’s close: Rs 200.55
Change: – Rs 9.45 or 4.50 per cent

Koutons Retail
Day’s close: Rs 693
Change: – Rs 31.00 or 4.28 per cent

Vishal Retail
Day’s close: Rs 104.15
Change: – Rs 8.05 or 7.17per cent

Indiabulls Retail
Day’s close: – Rs 19.40
Change: – Rs 1.40 or 6.73 per cent

Trent
Day’s close: Rs 295
Change: – Rs 18.30 or 5.84 per cent

Raymonds
Day’s close: Rs 80.95
Change: – Rs 8.00 or 8.99 per cent

Gitanjali
Day’s close: Rs 79.90
Change: – Rs 7.05 or 8.11 per cent

Adlabs Films
Day’s close: Rs 160.50
Change: – Rs 6.75 or 4.04 per cent

Cinemax India
Day’s close: Rs 40
Change: – Rs 1.00 or 2.44 per cent

Bata India
Day’s close: Rs 101.05
Change: – Rs 7.85 or 7.21 per cent

Relaxo Footwears
Day’s close: Rs 29.90
Change: – Rs 0.10 or 0.33 per cent

–Shailesh Shah

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