Post Session Market Commentary

Market closed higher on back of positive sentiment from global market that instigated participants for heavy buying across the index pivotals. Overall market breadth was positive as 2040 stocks advanced and 473 stocks declined on BSE. Sectoral indices closed in green. BSE sensex closed at 14,355.55 up by 345.65 points and Nifty was up by 99.10 points to close at 4146.20. BSE mid cap was up by 152.99 points to close at 5953.01 and BSE small cap was up by 222.44 points to close at 7290.26.BSE bank index surged 205.83 points at 7182.71 as OBC (2.45%), SBI (1.79%), HDFC Bank (3.13%) and ICICI Bank (3.73%) ended in green.BSE auto index ended higher 156.35 points at 5635.89 as Tata motors, Maruti Udyog, Hero Honda and M&M ended in green.BSE Metal index gained 258.25 points at 8876.23 as Hindalco, Tata Steel, SAIL and Nalco closed in green.BSE oil & gas index edged up 108.81 points at 6705.34 as ONGC, IPCL and Reliance ended in green.BSE Capital goods index jumped 3.2% to 9639.90 as L&T, ABB, BHEL and Siemens ended green.BSE health cares index added 69.50 points at 3803.39 as Cipla, Dr Reddys Labs and sun pharma closed up.BSE IT index closed higher 203.00 points up at 5565.70 as Infosys (5.45%), Wipro (4.82%) and TCS closed up. Telecom pack closed in green as Reliance comm (3.33%) and Bharti Airtel (4.17%) ended in green.BSE FMCG index added 23.92 points at 1892.73 as ITC, HLL and Dabur ended in green.