Post Session Market Commentary

Market closed lower on back of some profit booking seen in index heavyweight. Auto, IT, capital goods and Bank stocks were showing selective buying activities while selective selling activities were seen in Metal, Telecom, oil & gas and consumer durables stocks. Overall market breadth was positive as 1338 stocks advanced and 1249 stocks declined on BSE.

BSE sensex closed at 14478.19 down by 37.71 points and Nifty was down by 19.45 points to close at 4195.90. While BSE mid cap was up by 27.11 points to close at 6182.35 and BSE small cap was up by 7.10 points to close at 7662.75.

BSE auto index added 11.81 points to close at 5724.60 as M&M (0.33%), Bajaj auto (0.08%) ended in green while Tata Motors and Maruti Udyog (2.16%) ended in red.

BSE Capital goods index gained 37.61 points to close at 9958.58 as Suzlon energy (2.03%), L&T (0.48%) and siemens (0.26%) ended green.

BSE bank index added 11.58 points to close at 7426.60 as ICICI Bank (1.62%), OBC (1.23% ended in green while HDFC, SBI and HDFC Bank ended in red.

BSE IT index gained 18.64 points to close at 5404.69 as Wipro and HCL tech up while Infosys and TCS ended down.

BSE health cares index closed flat as Sun Pharma (1.85%) and Glaxosmithkline (1.36%) closed in red while Ranbaxy Labs (1.35%) advanced.

Telecom pack was weak today as Reliance comm. (5.14%), VSNL (3.805) and Bharti Airtel (1.54%) closed lower.

BSE Metals index tumbled 61.97 points to close at 9283.77 as SAIL (0.05%), Hindalco (2.05%) and Tata Steel (1.06%) ended in red.

BSE oil & gas index gave up 8.83 points to close at 6706.41 as HPCL (2.35%) BPCL (1.03%), Reliance (0.13%) ended in red.

BSE FMCG index closed down 6.78 points to close at 1918.77 as ITC (1.83%) ended red while Dabur (3.45%) and HLL (0.31%) closed in green.