Post Session Market Commentary

Market ended flat amid volatile trade on back of modest buying interest seen across index pivotals. BSE sensex closed at 14114.73 down by 14.91 points and Nifty was up by 2.10 points to close at 4080.50. Overall market breadth turned negative as 1259 stocks advanced and 1310 stocks declined on BSE. BSE sectoral indices closed mixed. Among the BSE sectoral indices, BSE Metal index was top losers with 108.67 points up to close at 9162.74 as SAIL (2.91%), Hindalco (1.33%) and Tata Steel (0.90%) closed lower. Followed by, BSE oil & gas index declined 45.00 points to close at 6565.55 as Reliance (1.33%), IPCL (1.28%), GAIL (1.24%) and BPCL (1.18%) ended lower. Moreover, BSE IT index was down 17.48 points to close at 5379 as Satyam (1.18%) and Wipro (1.60%) closed higher while TCS (0.48%) and Infosys (1.03%) ended red. BSE health cares index was down by 7.67 points to close at 3901.06. BSE FMGC index was down 6.11 points to close at 1927.27. Among the BSE sectoral index gainers, BSE capital goods index, which added 94.83 points, to close at 9361.10 as BHEL (1.84%), L&T (1.35%) and Siemens (0.41%) ended in green. Besides, BSE auto index that was 47.18 points up to close at 5699.73 as M&M (3.39%), Bajaj Auto (0.15%), Tata Motors (0.74%) and Maruti Udyog (0.53%) closed up. BSE Bank index was 16.74 points up to close at 7419.00 as ICICI Bank up by (0.40%) while OBC (2.335), HDFC Bank (0.13%) HDFC (2.29%) and SBI (0.84%) ended red. BSE Mid cap and BSE small cap ended in green. BSE mid cap was up by 26.59 points to close at 6081.10 and BSE small cap was up by 18.73 points to close at 7,505.44. Top gainers at BSE Sensex: BHEL Rs 2262.5 (1.84%), Wipro Rs 637 (1.58%), ACC Rs 1099 (1.42%), L&T Rs 1520 (1.35%) and Grasim Rs 2875 (1.11%). Top losers: HDFC Rs 1555.4 (2.55%), Infosys Rs 2211 (1.43%), Reliance Rs 1345.5 (1.40%), Hindalco Rs 170.15 (1.36%) and HLL Rs 219.4 (1.04%)