Post Session Market Commentary

Market ended flat amid volatile trade due to lack of buying interest seen across index pivotals. As a result, BSE sensex closed at 14131.34 up by 16.61 points and Nifty was down by 4.05 points to close at 4076.45. Overall market breadth was positive as 1559 stocks advanced and 1023 stocks declined on BSE. BSE sectoral indices closed mixed. Among the gainers of BSE sectoral indices, BSE Bank index was 86.68 points up to close at 7505.68 as ICICI Bank up by (2.81%), OBC (4.31%)and SBI (1.17%) and PNB (2.08%) advanced. Followed by, BSE health cares index was up by 21.04 points to close at 3922 as Cipla (1.18%), Dr. Reddy Labs (1.00%), Sun Pharma (0.79%) and Ranbaxy Labs (0.40%) ended in green. Besides, BSE capital goods index, which added 78.46 points to close at 9440 as BHEL (0.42%), L&T (2.06%) and Siemens (2.48%)and ABB (1.57%) ended in green. And Among the losers of BSE sectoral indices, BSE Metal index declined 22.43 points to close at 9140.31 as SAIL (0.26%) and Hindalco (1.27%) closed lower. BSE oil & gas index declined 45.00 points to close at 6565.55 as ONGC (2.88%)and GAIL (0.23%) were closed down while HPCL (5.37%), BPCL (4.0%), Reliance (0.35%) and IPCL (0.45%) ended in green. Moreover, BSE IT index was down 8.76 points to close at 5370 as TCS (1.59%), Infosys (0.91%) and Wipro (0.84%) ended red. BSE FMGC index was down 17.78 points to close at 1909.49. BSE auto index was 14.65 points down to close at 5685 as M&M (2.15%), Bajaj Auto (0.29%) and Maruti Udyog (0.37%) closed down. BSE Mid cap and BSE small cap ended in green. BSE mid cap was up by 37.61 points to close at 6118.71 and BSE small cap was up by 72.49 points to close at 7,577.93. Top gainers at BSE Sensex: ICICI Bank Rs 986 (2.74%), Reliance Comm Rs 441.70 (2.63%), L&T Rs 1555.00 (2.29%), NTPC Rs 139.6 (1.20%), SBI Rs 1223 (1.14%) and Dr. Reddy Labs Rs 817 (0.98%). Top losers: HDFC Bank Rs 1057.30(3.52%), ONGC Rs 893 (2.92%), TCS Rs 1305 (1.72%), ITC Rs 169 (1.52%) and Hindalco Rs 168.10 (1.09%).