Post Session Market Commentary

BSE sensex closed at 14182.71 down by 35.04 points and Nifty was down by 18.90 points to close at 4090.15. Overall market breadth was negative as 996 stocks advanced and 1611 stocks declined on BSE. BSE sectoral indices closed mixed. Among the gainers of BSE sectoral indices, BSE Bank index added 20.59 points to close at 7485.48 as ICICI Bank (1.52%), HDFC Bank (0.66%) and HDFC (0.09%)closed in green. BSE FMGC index gained15.71 points to close at 1950.36 as ITC closed up by (1.92%) while HLL (0.83%) and Dabur (1.40%) closed lower. Among the sectoral losers: BSE IT index was top loser with 98.63 points down to close at 5309.84 as TCS (1.15%), Satyam (5.73%), Infosys (1.04%) and Wipro (3.23%) ended in red. Besides, BSE capital goods index, that lost 103.30 points to close at 9393 as Siemens (3.10%), BHEL (1.19%), and L&T (1.85%) ended in red. BSE auto index was down by 73.23 points to close at 5619.82. BSE health cares index lost 49.80 points to close at 3885.32. BSE oil & gas index ended with 6.24 points down to close at 6657.89 as ONGC (2.68%), and GAIL (0.71%) ended lower while HPCL (0.03%), BPCL (0.08%), Reliance (1.05%) ended in green. BSE Metal index declined 96.58 points to close at 8972.95 as Tata steel (2.02%), SAIL (1.62%)and Hindalco (0.75%) closed lower. BSE Mid cap and BSE small cap ended lower. BSE mid cap was down by 28.05 points to close at 6075.52 and BSE small cap was down by 38.25 points to close at 7,560.20. Top gainers at BSE Sensex: Reliance comm. Rs449.90 (3.11%), Gujarat ambuja cem Rs148.50 (2.24%), ITC Rs175 (1.77%), Bharti Airtel Rs683 (1.51%) and ICICI Bank Rs986 (1.46%). Top losers: Satyam Rs485.70 (5.73%), Ranbaxy Labs Rs414.00 (3.77%), Wipro Rs620.25 (3.23%), Reliance Energy Rs512.90 (2.89%) and ONGC Rs892.25 (2.68%).