Post Session Market Commentary

Market zoomed on back of heavy buying interest seen across the index pivotals. BSE sensex crossed again 14000 marks and Nifty made all time high by crossing 4024 marks. It opened with handsome gap and continued to trade strong throughout its journey to make a new all time high. BSE sensex closed at 14056.53 up by 425.82 points and Nifty was up by 110.20 points to close at 4052.45. Overall market breadth was positive as 1562 stocks advanced and 1017 stocks declined on BSE. Coming to sectoral indices, they closed higher. Among the BSE sectoral indices, BSE Bank index was the top gainers with 445.14 points up to close at 7359 as ICICI Bank (7.92%), SBI (6.26%), HDFC Bank (6.86%) and HDFC (4.83%) ended higher. BSE capital goods gained 231.50 points to close at 9159.55 as BHEL (4.91%), L&T (3.04%), Siemens (4.58%) and ABB (2.43%) ended in green. BSE IT index added 113.21 points to close at 5344 as TCS (4.02%), Wipro (1.36%), HCL tech (3.64%) and Infosys (1.79%) ended higher. BSE auto index was 89.14 points up to close at 5644.57 as Maruti Udyog (1.78%), M&M (3.08%), Bajaj Auto (0.63%), Tata Motors (2.37%) and Hero Honda (1.23%) closed up. BSE oil & gas index rose 188 points to close at 6570.62 as HPCL (4.16%), BPCL (3.47%), ONGC (1.16%) and Reliance (3.63%) ended higher. BSE health cares index was up by 76.50 points to close at 3874. BSE FMGC index was up 19.68 points to close at 1928.45. BSE Mid cap and BSE small cap ended higher. BSE mid cap was up by 78.84 points to close at 5974.64 and BSE small cap was surged by 93.37 points to close at 7,371.70. Top gainers at BSE Sensex: ICICI Bank Rs 965 (7.92%), HDFC Bank Rs 1067.95 (6.86%), SBI Rs 1222 (6.26%), BHEL Rs 2260 (4.91%), HDFC Rs 1596 (4.83%) and Bharti Airtel Rs 667 (4.70%). Top losers: No losers.