Wednesday, February 21, 2007

Post Session Market Commentary

Market ended in red after witnessing higher volatile, as the participants were cautious on back of F&O expiry week and Budget period. Overall market breadth was negative as 1079 stocks advanced and 1514 stocks declined on BSE. Sectoral indices closed mixed.

BSE sensex closed at 14,188.49 down by 64.89 points and Nifty was down by 10.75 points to close at 4096.20. BSE mid cap was down by 0.72 points to close at 5877.18 and BSE small cap was up by 9.66 points to close at 7224.39.

BSE Metal index surged 85.28 points at 8950.28 as Tata steel, SAIL and Hindalco ended in green.

BSE auto index added 24.78 points at 5562.20 as Hero Honda, Maruti Udyog, Tata motors and M&M ended in green.

BSE bank index turned to end in red with 9.46 points at 7,176.78 as HDFC Bank, PNB, SBI and OBC ended lower.

BSE oil & gas index turned to end 41.07 points down at 6642.36 as GAIL, ONGC and Reliance plunged.

BSE Capital goods index gave up 3.61 points at 9499.49 as Suzlon and ABB ended in green while BHEL and L&T ended in red.

BSE health cares index closed 9.78 points down at 3788.41 as Ranbaxy labs, Cipla and Dr Reddys Labs closed down.

BSE IT index plunged 95.25 points at 5438.58 as Infosys and Satyam closed lower.

BSE FMCG index slipped 13.64 points at 1867.19 as HLL and ITC ended in red.

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