Post Session Market Commentary

Market ended red after choppy trade on account of expiry of F&O contracts. The market witnessed selective profit booking in index pivotals. As a result, BSE sensex closed at 13,846.30 down by 13.40 points and Nifty was down by 3.70 points to close at 3970.55. Overall market breadth turned negative as 1191 stocks advanced and 1339 stocks declined on BSE. BSE sectoral indices closed mixed. BSE bank index gained 19.47 points to close at 7100.02 as HDFC Bank (2.09%), HDFC (0.55%) and ICICI Bank (0.49%) ended in green. BSE Tech index closed at 3660.90, up by 3.51 points as HCL Tech (1.85%), TCS (1.73%) and Wipro (0.10%) ended higher. BSE FMGC index was up by 9.87 points to close at 1952.58 as ITC up by (0.71%) and HLL up by 0.11%). BSE auto index was up by 8.48 points to close at 5501.48. BSE health index was down by 33.89 points to close at 3788.76 as Cipla (2.43%), Dr. Reddy labs (1.13%), and Ranbaxy labs (0.60%) closed lower. BSE capital goods index closed at 8989.07, slipped by 54.40 points as NTPC (0.87%), BHEL (0.80%) and L&T (0.65%) ended in red. BSE oil & gas index closed at 6206.61 down by 30.39 points as GAIL (0.92%) Reliance (1.25%), and IPCL (1.75%) declined. BSE metal index was down by 10.59 points to close at 8963.16 as Tata steel (0.75%) and Nalco (0.72%) ended red. Both mid cap and small cap closed in mixed. BSE mid cap was up by 10.84 points to close at 5754.94 and BSE small cap was down by 2.95 points to close at 6,836.41. Top gainers at BSE Sensex: Hero Honda Rs 760.25 (2.13%), HDFC Bank Rs 1079.00 (2.09%), TCS Rs 1216.00 (1.73%) and Guj Ambuja Cem Rs 143.35 (1.06%). Top Losers: Cipla Rs 253.25 (2.43%), Reliance Rs 1276.65 (1.25%), SBI Rs 1235.25 (1.25%) and Dr. Reddys Labs Rs 798.40 (1.13%).