Tuesday, February 20, 2007

Post Session Market Commentary

Market ended in red on back of selling activities seen across the index pivotals. Overall market breadth was negative as 684 stocks advanced and 1892 stocks declined on BSE. Sectoral indices closed lower.

BSE sensex closed at 14,253.38 down by 149.52 points and Nifty was down by 57.60 points to close at 4106.95. BSE mid cap was down by 73.05 points to close at 5877.90 and BSE small cap was down by 102.20 points to close at 7214.73.

BSE bank index tumbled 102.86 points at 7,186.24 as OBC, SBI, HDFC and ICICI Bank ended lower.

BSE auto index slipped 84.05 points at 5537.42 as Maruti Udyog, Tata motors and M&M ended in red.

BSE Metal index closed 41.67 points down at 8865.00 as NALCO and SAIL ended in red.

BSE oil & gas index turned the way and ended 49.98 points down at 6683.43 as ONGC, IPCL, and Reliance plunged.

BSE Capital goods index gave up 142.69 points at 9503.10 as Suzlon, L&T, and ABB ended in red.

BSE health cares index closed 5.29 points down at 3798.19 as Cipla and Dr Reddys Labs closed down.

BSE IT index ended 41.24 points down at 5533.83 as Infosys, Satyam, Wipro and TCS closed lower.

BSE FMCG index gave up 10.68 points at 1880.83 as HLL and Dabur ended in red.

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