Post Session Market Commentary

Market witnessed choppy trade and ended in red on back of selective profit booking in index pivotals. As a result, BSE sensex closed at 13,786.90 down by 59.40 points and Nifty was down by 4.15 points to close at 3966.40. Overall market breadth was marginally positive as 1319 stocks advanced and 1210 stocks declined on BSE. BSE sectoral indices closed mixed. In BSE bank index, SBI up by (0.80%) while HDFC Bank (0.86%), HDFC (0.42%) and ICICI Bank (0.96%) ended in red. BSE Tech’s pack has ended mixed as TCS up by (1.22%) while Satyam (1.125), Wipro (0.54%) and Infosys (0.32%) ended lower. BSE FMGC index closed lower as ITC down by (0.96%) and HLL down by (1.70%). BSE auto index closed mixed as Hero Honda up by (0.42%) and Maruti Udyog up by (0.38%) while Bajaj auto (0.79%) and Tata motors (0.56%) closed lower. BSE capital goods index pack BEML (7.65%), ABB (3.69%) and L&T ((0.40%) closed higher while BHEL (0.44%) closed lower. BSE oil & gas index pack’s ONGC down by (0.84%) and Reliance down by (0.49%). BSE metal index’s set SAIL (3.05%), JSWL (1.98%) and Tata steel (1.22%) closed higher. Both mid cap and small cap closed in green. BSE mid cap was up by 50.24 points to close at 5805.18 and BSE small cap was up by 55.91 points to close at 6,892.32. Top gainers at BSE Sensex: Dr. Reddys Labs Rs 811.20 (1.46%), Tata Steel Rs 482.30 (1.22%), ACC Rs 1085.55 (1.09%) and SBI Rs 1245.90 (0.80%). Top Losers: HLL Rs 216.55 (1.70%), Guj Ambuja Rs 141.30 (1.57%), Rel comm. Rs 471.30 (1.24%), Satyam Rs 483.95 (1.12%) and Cipla Rs 250.70 (1.01%).