Post Session Market Commentary

Market ended strong amid higher volatility. IT, Banks and Oil & Gas witnessed heavy buying interest while Metal and FMCG witnessed selling activities. Overall market breadth was negative as 1080 stocks advanced and 1459 stocks declined on BSE. BSE Sectoral indices closed mixed.

BSE sensex closed at 12697.09 up by 282.05 points and Nifty was up by 79.15 points to close at 3655.65. BSE mid cap was up by 25.05 points to close at 5219.45 while BSE small cap was down by 11.23 points to close at 6259.52.

BSE IT index soared 231.64 points at 4961.94 as Infosys (5.57%), TCS (3.22%), Satyam (5.4%) and Wipro (7.98%) closed higher.

BSE bank index surged 132.24 points at 6353.28 as HDFC Bank, PNB, SBI and ICICI Bank ended higher.

BSE Capital goods index added 125.56 points at 8368.39 as Siemens (0.77%), L&T(3.51%) and Suzlon(2.95%) ended in green.

BSE oil & gas index ended 131.25 points up at 6067.22 as BPCL (5.5%), HPCL (4.69%), and Reliance (3.47%) advanced.

BSE health cares index closed 39.05 points up at 3367.45 as Ranbaxy labs, Dr reddys labs and Sun Pharma closed in green.

BSE auto index closed at 4778.82, up by 22.86 points as Bajaj Auto (1.68%), M&M (3.78%) and Maruti Udyog (2.86%) ended in green.

BSE Metal index tumbled 34.37 points to close at 8002.12 as Hindalco (3.03%), Tata Steel (0.06%) ended down.

BSE FMCG index ended flat at 1699.63; ITC, HLL, and Dabur ended in red.