Thursday, March 8, 2007

Post Session Market commentary

Market zoomed on back of heavy buying interest seen across the index pivotals especially in Metal, Bank and capital goods stocks. Overall market breadth turned positive as 1748 stocks advanced and 776 stocks declined on BSE. BSE Sectoral indices closed mixed.

BSE sensex closed at 13049.35 up by 469.60 points and Nifty was up by 134.80 points to close at 3761.65. BSE mid cap was up by 132.38 points to close at 5,246.79 and BSE small cap was up by 157.50 points to close at 6245.81.

BSE Metal index soared 356.52 points to close at 8132.68 as SAIL (15.55%), Hindalco (4.94%), Tata Steel (3.46%) ended higher.

BSE FMCG index ended 52.92 point up at 1716.97 as HLL (10.0%) and ITC (1.55%) closed in green.

BSE IT index closed 126.98 points up at 5021.68 as Infosys, Satyam and Wipro closed in green.

BSE bank index surged 275.69 points at 6466.36 as HDFC Bank (7.15%), SBI (3.80%) and ICICI Bank (4.08%) ended in green.

BSE Capital goods index advanced 376.84 points at 8730.82 as Siemens, ABB and BHEL ended up.

BSE oil & gas index ended 166.78 points up at 6185.56 as IPCL (12.55%), Reliance (3.75%), and ONGC (1.98%) surged.

BSE health cares index closed 126.71 points up at 3497.84 as Ranbaxy labs, Dr reddys labs and Sun Pharma closed in green.

BSE auto index closed at 4908.02, up by 111.19 points as Bajaj Auto, M&M and Tata motors ended in green.

No comments: