Mid Day Market Commentary

Market was witnessing volatile trade and was trading in positive territory on back of selective buying seen in Auto, Capital goods, and Metal stocks. Overall market breadth was positive as 1212 stocks advanced and 1115 stocks declined on BSE index.

At 12.45 pm, BSE sensex was at 14286.32 up by 32.94 points and Nifty was at 4123.60 up by 16.65 points. BSE Mid cap was up by 23.05 points to trade at 5900.95 and BSE small cap was up by 46.00 points to trade at 7260.73.

BSE capital goods index was adding 108.04 points at 9611.14 as Suzlon (4.17%), ABB (1.63%), L&T (1.43%) were trading up.

Followed by BSE auto index was trading 63.81 points up at 5601.23 as M&M (2.15%), Maruti Udyog (1.4%) and Tata Motors (1.62%) were trading in green.

BSE metal index was trading up by 68.32 points at 8,933.32 as NALCO (2.01%), Tata Steel (1.05%) and SAIL (0.82%) were in green.

BSE Banks index was trading 43.76 points up at 7230.00 as HDFC (1.66%), SBI (0.76%), and ICICI Bank (0.47%) were trading in green.

BSE Oil & gas index was adding 23.86 points at 6707.29 as HPCL, BPCL IPCL, ONGC and Reliance were up.

BSE FMCG index was trading at 1873.82, down by 7.01 points as HLL and ITC were trading lower.

BSE IT index was trading 43.70 points down at 5490.13 as Infosys was trading lower while Wipro, TCS and Saytam were trading in green.