Post Session Market Commentary

Market closed higher on First trading session of the year 2007. The buying activities were intensified across the index pivotals. As a result, BSE sensex closed at 13,934.90 up by 148.00 points and Nifty was up by 41.00 points to close at 4007.40. Overall market breadth was positive as 1865 stocks advanced and 649 stocks declined on BSE. Today auto sector outperformed the other sector as M&M (5.58%), Bajaj auto (4.60%), Maruti Udyog (4.60%) and Tata Motors(3.68%) closed higher. This trends followed by BSE tech sector in which Satyam (4.87%), TCS (2.82%), Infosys (1.24%) and Wipro (0.85%) ended higher. Further, oil & gas index also closed in green as GAIL (1.68%), Reliance (1.06%), ONGC (0.74%) and IPCL (0.54%) closed in green. Besides, BSE bank index closed in green as PNB up by (0.99%), SBI up by (0.59%) and ICICI Bank up by (0.42%). BSE metal index’s set Hindalco (2.30%), SAIL (1.97%) and Nalco (0.49%) closed in green. Both mid cap and small cap closed in green. BSE mid cap was up by 66.35 points to close at 5871.53 and BSE small cap was up by 111.78 points to close at 7,004.10. Top gainers at BSE Sensex: Satyam Rs 507.5 (4.87%), Maruti Udyog Rs 970.00 (4.60%), Bajaj Auto Rs 2738.00 (4.6%), Tata motors Rs 933.4 (3.68%) and TCS Rs 1253.00 (2.82%). Top Losers: Tata Steel Rs 476.1 (1.29%), HDFC Rs 1610.55 (0.86%), Dr. Reddys Rs 804.25 (0.86%), Reliance Comm Rs 469.55 (0.37%) and HDFC Bank Rs 1067.7 (0.19%).