Post Session Market Commentary

Market closed mixed after witnessing higher volatility. Nifty crossed the odds to end in green while BSE sensex closed in red. Market opened on scary note and was trading in negative territory through out the day due to selling pressure seen in index pivotals. Overall market breadth was negative as 996 stocks advanced and 1474 stocks declined on BSE. Sectoral indices closed mixedBSE sensex closed at 14,009.90 down by 81.08 points while Nifty was up by 2.55 points to close at 4047.10. BSE mid cap was up by 14.74 points to close at 5800.02 while BSE small cap was down by 20.33 points to close at 7067.82.BSE bank index tumbled 289.86 points at 6976.88 as OBC (7.19%), SBI (5.74%), HDFC Bank (4.77%) and ICICI Bank (4.59%) ended in red.BSE auto index ended lower 60.20 points at 5479.35 as Bajaj auto (1.08%), Tata motors (0.89%) and Maruti Udyog (3.24%) ended in red.BSE Metal index gained 132.49 points at 8617.98 as Hindalco (3.33%), Tata Steel (1.98%), SAIL (1.25%) and Nalco (4.89%) closed in green.BSE oil & gas index edged up 47.99 points at 6596.53 as ONGC (1.96%), IPCL (1.94%) and Reliance (1.46%) ended in green.BSE Capital goods index ended flat as ABB, BHEL and Siemens ended green while L&T and Suzlon ended in red.BSE health cares index added 9.76 points at 3733.89 as Ranbaxy Labs (1.09%) and Cipla (0.64%) closed up.BSE IT index closed flat as Infosys ended lower while Wipro and TCS closed up. Telecom pack closed in green as Reliance comm (2.84%) and Bharti Airtel (3.17%) ended in green.BSE FMCG index added 2.78 points at 1868.81 as ITC and Dabur ended in green.