Post session Market commentary

Market bounced back on back of heavy buying in IT, Banking and capital goods stocks. Although overall market breadth was negative as 1146 stocks advanced and 1403 stocks declined on BSE. BSE Sectoral indices closed in green except BSE Auto.

BSE sensex closed at 13159.55 up by 221.46 points and Nifty was up by 65.90 points to close at 3811.20. BSE mid cap was up by 13.85 points to close at 5522.59 and BSE small cap was up by 6.95 points to close at 6712.86.

BSE IT index soared 201.36 points at 5071.35 as Infosys (3.01%), TCS (4.83%), Satyam (4.32%) and Wipro (4.16%) closed higher.

BSE bank index surged 176.49 points at 6584.50 as HDFC Bank, PNB, SBI and ICICI Bank ended higher.

BSE Capital goods index added 162.39 points at 8997.23 as Siemens (3.23%), L&T(3.03%) and Suzlon(2.63%) ended in green.

BSE oil & gas index ended 41.18 points up at 6338.82 as ONGC (4.18%) and Reliance (1.07%) advanced.

BSE Metal index closed at 8513.55, up by 12.58points as NALCO (3.83%), Tata Steel (1.83%) and SAIL (0.18%) ended up.

BSE health cares index closed 23.62 points up at 3522.55 as Ranbaxy labs and Sun Pharma closed in green.

BSE FMCG index ended flat at 1785.95; ITC, HLL, and Dabur ended in red.

BSE auto index closed at 5069.89, down by 39.49 points as Bajaj Auto (4.66%), Hero Honda (1.11%) and M&M (0.54%) ended in red.