Post Session Market Commentary

Despite mix global cues, Market moved in upward direction on back of buying activities seen across the index pivotals. As a result, bourses ended with all time high. Overall market breadth was flat as 1303 stocks advanced and 1333 stocks declined on BSE. Auto, IT, Banking capital goods and Metal stocks showed buying activities while selective selling activities were seen in oil & gas and FMCG stocks.

BSE sensex closed at 14643.13 up by 164.94 points and Nifty was up by 28.35 points to close at 4224.25. BSE mid cap was up by 4.51 points to close at 6186.86 and BSE small cap was up by 35.06 points to close at 7697.81.

BSE IT index jumped 127.51 points at 5533.20 as Infosys (3.88%), HCL tech (1.29%) and TCS (0.89%) ended higher.

BSE auto index added 83.22 points at 5807.82 as Bajaj auto (8.94%), M&M (0.19%), Hero Honda (2.56%) and Maruti Udyog (0.18%) ended green.

BSE Capital goods index gained 96.79 points to close at 10,055.37 as L&T (2.15%) , ABB(0.13%) and siemens (1.23%) ended green.

BSE bank index added 100.14 points at 7526.74 as ICICI Bank (2.42%), HDFC Bank (1.75%) OBC (0.58%) ended in green.

BSE health cares index closed at 3911.28, up by 32.10 as Cipla (3.14%) and Sun Pharma (1.00%) advanced.

Telecom pack was mixed today as VSNL (3.6%) and Bharti Airtel (0.18%) closed in green while Reliance comm closed down.

BSE Metal index rose 125.06 points to close at 9408.83 as SAIL (4.82%) and Hindalco (3.75%) ended in green while Tata Steel (0.41%) ended in red.

BSE oil & gas index gave up 18.87 points to close at 6687.54 as HPCL (0.86%), BPCL (2.94%), and ONGC (1.67%) ended in red while Reliance (0.34%) ended in green.

BSE FMCG index closed 4.18 points down at 1914.59 as ITC (0.26%) and Dabur (1.14%%) closed in green while HLL plunged.