Mid Day Market Commentary

After opening on firm note, Market was trading in positive territory on back of buying activities seen across the index pivotals. Overall market breadth was positive as 1609 stocks advanced and 807 stocks declined on BSE index.
At 12.35 pm, BSE sensex was at 14465.10 up by 109.55 points and Nifty was at 4176.25 up by 30.05 points. BSE Mid cap was up by 54.30 points to trade at 6007.31 and BSE small cap was up by 110.13 points to trade at 7400.39.
BSE Banks index was the top gainers and was trading 101.94 points up at 7284.65 as OBC (1.44%), SBI (0.88%), PNB (0.88%) and ICICI Bank (2.38%) were trading up.
Followed by BSE auto index that was trading 45.73 points up at 5681.62 as Maruti Udyog (2.83%), Tata Motors (0.95%) and Bajaj auto (0.86%) were trading up.
BSE Oil & gas index was adding 38.69 points at 6744.03 as HPCL (2.17%), BPCL (0.81%) and Reliance (1.14%) were up.
BSE capital goods index was surging 89.64 points at 9729.54 as Siemens (3.00%), L&T (1.11%), and ABB (1.96%) were trading up.
BSE IT index was trading 27.00 points up at 5592.70 as Infosys, Wipro, TCS and Satyam were trading in green.
BSE metals index was rising 48.09 points at 8924.32 as SAIL (1.89%) and Hindalco (0.33%) were trading up.