Post Session Market Commentary

Market witnessed choppy trade through the day and ended flat due to lack of participations. Overall market breadth was negative as 984 stocks advanced and 11607 stocks declined on BSE. Selective selling activities were seen in Metal, auto, pharma and FMGC while selective buying were seen in Banking, Oil & gas and capital goods index. BSE sensex closed at 14652.13 up by 8.96 points and Nifty was down by 0.85 points to close at 4223.40. BSE mid cap was down by 13.31 points to close at 6173.55 and BSE small cap was down by 46.74 points to close at 7651.07. BSE bank index advanced 67.78 points at 7594.83 as ICICI Bank (1.58%), OBC (0.87%), HDFC Bank (0.73%) and SBI (0.71%) ended in green. BSE Capital goods index gained 21.20 points to close at 10,076.44 as L&T (0.90%), ABB (0.68%) and BHEL (0.45%) ended green. BSE oil & gas index closed flat at 6688.00 as HPCL (1.27%), BPCL (1.19%), ONGC (0.15%) and Reliance (0.48%) ended in greenBSE IT index closed flat at 5520.91 as Infosys (0.72%) ended in green while HCL tech (1.07%) , Satyam(1.05%) and Wipro (0.80%) ended lower. BSE Metal index tumbled 151.23 points at 9275.10 as SAIL (1.89%), Hindalco (3.96%) and Tata Steel (0.85%) ended in red. BSE auto index plunged 20.40 points at 5788.95 as Bajaj auto (2.55%), M&M (1.52%), Hero Honda (0.94%) and Tata motors (0.92%) ended in red. BSE health cares index slipped 6.62 points at 3900.88 as Cipla (1.32%) and Sun Pharma (0.13%) declined. Telecom pack was mixed today as VSNL (0.70%) and Bharti Airtel (1.14%) closed in red while Reliance comm (1.01%) closed in green. BSE FMCG index closed 3.01 points down at 1911.23 as ITC (0.26%) was up while Dabur (1.14%%) and HLL (1.13%) plunged.