Post Session Market Commentary

Market ended firm on back of sustained buying interest seen in index pivotals in particulars BSE Metal and capital goods stocks. It opened on higher note and continued to trade steady throughout the trading session. But it lost some points during final half an hours of trade. As a result, BSE sensex closed at 14129.64 up by 73.11 points and Nifty was up by 25.95 points to close at 4078.40. Overall market breadth was positive as 1691 stocks advanced and 900 stocks declined on BSE. Coming to sectoral indices, they closed in green. Among the BSE sectoral indices, BSE Metal index was top gainers with 241.52 points up to close at 9271.41 as SAIL (9.93%), Tata Steel (4.13%) and Hindalco (1.61%) closed higher. Followed by, BSE capital goods index, which added 138.08 points, to close at 9266.27 as Siemens (5.86%), L&T (2.92%) and ABB (0.54%) ended in green. Moreover, BSE IT index added 48.27 points to close at 5396 as Satyam (1.05%), TCS (0.46%) and Infosys (0.84%) ended green. BSE oil & gas index rose 51.28 points to close at 6610.55 as Reliance (1.88%) and IPCL (1.30%) ended green. BSE Bank index was 19.01 points up to close at 7402.26 as HDFC Bank (3.03%) HDFC (0.56%) and PNB (0.58%) ended green. BSE auto index was 14.79 points up to close at 5652.55 as M&M (1.58%), Bajaj Auto (0.14%), and Tata Motors (0.67%) closed up. BSE health cares index was up by 37.17 points to close at 3908.73. BSE FMGC index was up 5.91 points to close at 1933.38. BSE Mid cap and BSE small cap ended higher. BSE mid cap was up by 79.87 points to close at 6054.51 and BSE small cap was surged by 115.01 points to close at 7,486.71. Top gainers at BSE Sensex: Tata Steel Rs 487.8 (4.36%), HDFC Bank Rs 1092 (2.70%), L&T Rs 1507.2 (2.69%), Ranbaxy Labs Rs 430.5 (2.26%)and Reliance Rs 1366 (1.93%). Top losers: Maruti Udyog Rs 904.9 (1.72%), ICICI Bank Rs 955 (1.56%), BHEL Rs 2224.45 (1.44%), Hero Honda Rs 732.95 (1.37%) and ONGC Rs 916.25 (0.93%).