Mid Day Market Commentary

Market was trading in positive territory on the backdrop of selective buying interest seen in index pivotals. Overall market breadth was negative as 1033 stocks advanced and 1218 stocks declined on BSE index.

At 12.31 pm, BSE sensex was at 12772.91 up by 66.96 points and Nifty was at 3707.70 up by 10.09 points. BSE Mid cap was up by 13.30 points to trade at 5344.69 and BSE small cap was up by 7.80 points to trade at 6363.03.

BSE capital goods index dropped 5.51 points to trade at 8543.96 as ABB down (1.26%), whereas L&T (0.12%), BHEL (0.53%) trading higher.

BSE IT indexes up 5.86 points to trade at 4944.14 as Infosys up (0.62%) whereas Wipro (0.63%) and HCL technology (1.86%) were trading in red.

BSE auto index grew by 6.01 points to trade at 4862.97 as M&M up (0.29%) and Hero Honda gained (2.19%), whereas Tata motors (0.53%), Maruti (0.02%) and Bajaj Auto (0.65%) were trading in red.

BSE Banks index gained 125.98 points to trade at 6417.25; OBC, SBI, PNB and ICICI Bank were trading up.

BSE Oil & gas index was trading 26.84 points down at 6172.68 as GAIL (1.93%), IPCL (1.55%) BPCL (1.08%) and HPCL (0.93%) were trading in red.

BSE FMCG index gained 19.84 points to trade at 1648.76 as HLL (1.85%), ITC (2.17%) and Dabur (0.48%) were trading higher.

BSE Metal index gained 42.81 points to trade at 8180.36 as SAIL (0.97%), Tata Steel (0.97%), whereas Hindalco (0.04%), Nalco (0.96%) were trading in red.

BSE HealthCare index dropped 9.93 points to trade at 3515.52 as Ranbaxy (0.97%) and Cipla (0.13%) trading down.