Rally sees 43 sectors gain 100-436 per cent

Nearly 43 sectors out of 112 tracked by the Business Standard Research Bureau, reported a gain between 100 per cent and 436 per cent during the current 2141 points (73 per cent) Sensex rally on the Bombay Stock Exchange (BSE) since April 25 (when the sensex touched six months low).

While another 43 sectors gave returns between 50 and 100 per cent, 26 industry had rise between 10 per cent and 50 per cent.

The market capitalisation of the all the traded stocks on the BSE rose by 80 per cent from Rs 574042 crore on April 25 to Rs 10,35,305 crore on November 5.

In percentage terms, non-ferrous metal industry led the gainers list with 436.2 per cent rise in m-cap. Its m-cap rose from Rs 1,383 crore to Rs 7,416 crore.

Textile indutry stood on the second postion with 419.3 per cent rise in mcap, followed by mining (287.3 per cent), composite and steel alloy (271.6 per cent), aluminium extrusion and coils (246.4 per cent), textiles machinery (235.2 per cent) and ferro alloys (223.9 per cent).

In absolute terms, public sector undertakings (PSU) stocks once again led the list of gainers with a Rs 1,52,253 crore (93 per cent) rise in m-cap from Rs 1,63,680 crore to Rs 3,15,933 crore.

Among PSUs, refineries were the major gainer with Rs 79,218 crore m-cap gain. Its market cap rose by 90 per cent from Rs 88,096 crore to Rs 1,67,314 crore.

Banks were ranked second with Rs 45,348 crore m-cap rise. ICE stocks (information technology, communication and entertainment) also improved their market value during the current rally.

The m-cap of ice stocks spurt by Rs 65,217 crore from Rs 1,00,316 crore to Rs 1,65,533 crore. While information technology's (ranked third among m-cap gainer) market value rose by Rs 43922 crore, the telecommunication companies showed rise of Rs 14136 crore and entertainment industry by Rs 7,159 crore.

However the share of ice stocks in total m-cap drop from 18.05 per cent on April 25 to 16.37 per cent on November 5. At the same time the share of PSUs rose from 29.45 per cent to 31.25 per cent during the same period.

The other major gainer sector which gained more than Rs 10, 000 crore in market capitalisation are diversified (Rs 40,287 crore), pharmaceuticals (Rs 32,061 crore), composite and alloy steel (Rs 25,240 crore), fast moving consumer goods (Rs 12,782 crore), power (Rs 12,557 crore) and aluminium (Rs 11,010 crore).