Post Session Market Commentary

Market recovered its losses in final hour of trade to end in green mainly on back of heavy buying seen in metal stocks. Overall market breadth was negative as 1229 stocks advanced and 1315 stocks declined on BSE. Sectoral indices closed mixed.

BSE sensex closed at 13649.52 up by 16.99 points and Nifty was up by 3.05 points to close at 3942.00. BSE mid cap was up by 31.82 points to close at 5696.71 and BSE small cap was down by 9.98 points to close at 6894.45.

BSE Metal index surged 201.61 points at 9000.54 as NALCO, Tata Steel, SAIL and Hindalco ended up.

BSE FMCG index recovered 25.98 points to close at 1812.26 as HLL (0.72%) and ITC (2.66%) ended up.

BSE bank index gained 42.87 points at 6802.45 as PNB and SBI ended in green while ICICI Bank, OBC and HDFC (2.83%) ended in red.

BSE auto index closed at 5365.72, up by 29.07 points as Maruti Udyog, Tata motors and M&M ended in green.

BSE health cares index closed 11.68 points up at 3622.30 as GSK Pharma, Cipla and Dr Reddys Labs closed up.

BSE Capital goods index gave up 14.91 points at 9212.92 as BHEL, L&T, and ABB ended in red.

BSE oil & gas index turned to end 5.86 points down at 6530.61 as BPCL (0.72%) and Reliance (0.78%) plunged while ONGC (0.60%), GAIL (2.01%) ended up.

BSE IT index plunged 16.42 points at 5245.42 as Infosys (0.34%) and Wipro (1.34%)closed lower.