Post Session Market Commentary

Market ended in deep red due to heavy selling pressure across the index pivotals. Overall market breadth was positive as 1330 stocks advanced and 1205 stocks declined on BSE. Sectoral indices closed lower.

BSE sensex closed at 13478.83 down by 170.69 points and Nifty was down by 48.10 points to close at 3893.90. BSE mid cap was up by 9.69 points to close at 5706.40 and BSE small cap was up by 23.84 points to close at 6918.29.

BSE Metal index weighed down 72.56 points at 8927.98 as NALCO (4.86%), Tata Steel (0.43%), SAIL (0.22%) and Hindalco (1.68%) ended down.

BSE FMCG index ended lower 34.88 points to close at 1777.38 as HLL, Dabur and ITC ended in red.

BSE bank index tumbled 107.63 points at 6694.82 as OBC, PNB, SBI and ICICI Bank ended in red.

BSE auto index closed at 5305.07, down by 60.65 points as Hero Honda, Tata motors and M&M ended in red.

BSE health cares index closed 9.23 points down at 3613.07 as GSK Pharma and Cipla closed lower.

BSE Capital goods index gave up 67.18 points at 9145.74 as BHEL, L&T, and ABB ended in red.

BSE oil & gas index ended 46.94 points down at 6483.67 as BPCL, HPCL, ONGC and Reliance plunged.

BSE IT index dropped 73.02 points at 5172.40 as Infosys, TCS, Satyam and Wipro closed lower.