Post session Market Commentary

During final half an hour of trade, market lost all its earned gains to closed lower due to profit booking by the participants in scrips across index pivotals. Overall market breadth was highly negative as 858 stocks advanced and 1746 stocks declined on BSE. Sectoral indices closed lower.

BSE sensex closed at 14,021.31 down by 167.18 points and Nifty was down by 56.20 points to close at 4040.00. BSE mid cap was down by 72.70 points to close at 5804.48 and BSE small cap was down by 50.98 points to close at 7173.41.

BSE Metal index closed at 8875.47, down 74.81 points as Tata steel, SAIL and Hindalco ended lower.

BSE auto index tumbled 103.53 points at 5458.67 as Hero Honda, Maruti Udyog, Tata motors and M&M ended in red.

BSE bank index slipped to end in red with 177.81 points down at 6998.97 as HDFC Bank, PNB, SBI and OBC ended lower.

BSE oil & gas index turned to end 30.68 points down at 6611.68 as HPCL, BPCL GAIL and ONGC plunged.

BSE Capital goods index gave up 83.92 points at 9415.57 as BHEL, L&T, Siemens and ABB ended in red.

BSE health cares index closed 79.69 points down at 3708.72 as Ranbaxy labs, Cipla and Dr Reddys Labs closed down.

BSE IT index plunged 46.45 points at 5392.13 as Infosys, Wipro and Satyam closed lower.

BSE FMCG index slipped 18.92 points at 1848.27 as HLL and ITC ended in red.