Post Session Market Commentary

Today, market closed in red after witnessing higher volatility. It opened lower and bounced back on back of buying interest seen in Auto, capital goods and oil & gas but had lost the ground during final hours of trade due to profit booking in index pivotals. Overall market breadth turned negative as 1032 stocks advanced and 1456 stocks declined on BSE. Sectoral indices closed lower except oil & gas.

BSE sensex closed at 14,090.98 down by 99.72 points and Nifty was down by 13.75 points to close at 4044.55. BSE mid cap was down by 36.17 points to close at 5785.28 and BSE small cap was down by 39.11 points to close at 7088.15.

BSE oil & gas index edged up 71.36 points at 6548.54 as Gail (2.79%), ONGC (2.45%), and Reliance (1.55%) ended in green.

BSE Metal index was the top losers with 130.94 points at 8485.49 as Hindalco (4.32%) and Tata Steel (2.52%) ended in red while SAIL (1.02%) and Nalco (1.33%) closed in green.

BSE Capital goods index ended lower by 91.14 points to close at 9334.78 as L&T (3.03%), Siemens (1.11%) and BHEL (0.56%) ended red.

BSE health cares index tumbled 19.65 points at 3724.13 as Glaxosmithkline (1.86%) and Cipla (1.71%) declined.

BSE bank index slipped 96.09 points at 7266.74 as HDFC (2.73%), HDFC Bank (2.35%), ICICI Bank (1.06%) and SBI (0.65%) ended in red.

BSE IT index closed 57.22 points down at 5366.54 as Infosys and Satyam ended lower while Wipro and TCS closed up.

BSE auto index turned in negative territory and ended lower 14.94 points at 5539.55 as Bajaj auto (3.27%) and Tata motors (0.57%) closed in green while M&M, Hero Honda and Maruti Udyog ended in red.

BSE FMCG index closed 17.41 points down at 1866.03 as ITC (0.06%), Dabur (1.67%) and HLL (0.57%) plunged.