Monday, February 19, 2007

Post Session Market Commentary

Market ended in green on back of selective buying interest seen across the index pivotals. Overall market breadth was positive as 1326 stocks advanced and 1294 stocks declined on BSE. Sectoral indices closed mixed.

BSE sensex closed at 14,402.90 up by 47.35 points and Nifty was up by 18.35 points to close at 4164.55. BSE mid cap was down by 2.06 points to close at 5950.95 while BSE small cap was up by 26.67 points to close at 7316.93.

BSE bank index surged 106.39 points at 7289.10 as OBC (2.61%), SBI (0.65%), HDFC (0.33%) and ICICI Bank (3.15%) ended in green.

BSE auto index turned the way and ended 14.42 points down at 5621.47 as Hero Honda, Tata motors and M&M ended in red.

BSE Metal index added 30.44 points at 8906.67 as Tata Steel (0.85%) and SAIL (5.01%) in green.

BSE oil & gas index rose 28.07 points at 6733.41 as HPCL, BPCL, ONGC and Reliance ended in green.

BSE Capital goods index closed flat 5.89 points up to 9645.79 as Suzlon, L&T, and BHEL ended in red.

BSE health cares index closed flat at 3803.48 as Cipla, Dr Reddys Labs and Ranbaxy labs closed down.

BSE IT index ended up 9.37 points at 5575.07 as Infosys and Satyam ended red while Wipro and TCS closed up. Telecom pack closed mixed as Reliance comm (1.46%) ended red while Bharti Airtel (0.47%) ended in green.BSE FMCG index gave up 1.22 points at 1891.51 as ITC, HLL closed in green while Dabur ended in red.

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