Post Session Market Commentary

Market ended higher amid volatile trade on back of selective buying interest seen across index pivotals. As a result, BSE sensex closed at 14217.75 up by 86.41 points and Nifty was up by 32.60 points to close at 4109.05. Overall market breadth was marginally positive as 1340 stocks advanced and 1257 stocks declined on BSE. BSE sectoral indices closed mixed. Among the gainers of BSE sectoral indices, BSE oil & gas index ended higher with 106.49 points to close at 6664.13 as ONGC (2.08%), GAIL (2.36%), HPCL (2.18%), BPCL (1.13%), Reliance (1.49%) and IPCL (0.42%) ended in green. BSE IT index was up 32.71 points to close at 5408.47 as HCL tech (1.32%)TCS (0.83%), Satyam (1.21%) and Wipro (1.21%) ended red. BSE FMGC index was up 21.70 points to close at 1934.65 as Dabur (12.79%), ITC (2.06%) and HLL (1.81%). BSE auto index was 7.97 points up to close at 5693. BSE health cares index was up by 10.65 points to close at 3935.12. Besides, BSE capital goods index, which added 57.50 points to close at 9496 as BHEL (1.18%), and L&T (2.27%) ended in green. And Among the losers of BSE sectoral indices, BSE Metal index declined 65.47 points to close at 9069.53 as Tata steel (1.71%) and Hindalco (0.56%) closed lower. BSE Bank index was 34.88 points down to close at 7435 as ICICI Bank up by (1.58%), OBC (1.55%)and HDFC Bank (0.01%) closed lower. BSE Mid cap and BSE small cap ended mixed. BSE mid cap was down by 15.14 points to close at 6103.57 and BSE small cap was up by 20.52 points to close at 7,598.45. Top gainers at BSE Sensex: HDFC Rs 1596.45 (3.14%), ONGC Rs 916.85 (2.49%), L&T Rs 1586.10 (2.12%), ITC Rs 171.95 (1.57%) and HLL Rs 223.95 (1.43%). Top losers: Tata Steel Rs 475.55 (1.71%), ICICI Bank Rs 971.80(1.42%), Reliance comm. Rs 436.35 (1.33%), Reliance energy Rs 528.15 (1.24%), and Tata Motors Rs 952.75 (1.22%)