Post Session Market Commentary

Market ended in deep red on back of heavy selling pressure across the sectoral indices. Overall market breadth was highly negative as 382 stocks advanced and 2151 stocks declined on BSE. Sectoral indices closed lower.

BSE sensex closed below 14000 levels and ended at 13632.53 down by 388.78 points and Nifty was down by 101.05 points to close at 3938.95. BSE mid cap was down by 139.59 points to close at 5664.89 and BSE small cap was down by 268.98 points to close at 6904.43.

BSE bank index slipped 239.39 points at 6759.58 as ICICI Bank (4.04%), OBC (7.1%), HDFC (2.83%) and SBI (1.88%) ended lower.

BSE FMCG index declined 61.99 points at 1786.28 as HLL (1.28%) and ITC (4.96%) ended in red.

BSE auto index tumbled 122.02 points at 5336.65 as Hero Honda, Maruti Udyog, Tata motors and M&M ended in red.

BSE Capital goods index gave up 187.74 points at 9227.83 as BHEL, L&T, Siemens and ABB ended in red.

BSE Metal index closed at 8875.47, down 74.81 points as NALCO, SAIL and Hindalco ended lower while Tata Steel ended up (0.95%).

BSE oil & gas index turned to end 75.21 points down at 6536.47 as HPCL, BPCL and ONGC plunged while GAIL (1.8%) and Reliance ended up (0.53%).

BSE health cares index closed 98.10 points down at 3610.62 as Ranbaxy labs, Cipla and Dr Reddys Labs closed down.

BSE IT index plunged 130.29 points at 5261.84 as Infosys, TCS, Wipro and Satyam closed lower.