Post Session Market Commentary

Market closed lower amid choppy trade. It opened firm but instantly slipped in negative zone on back of heavy selling across the index pivotals. Overall market breadth was negative as 1075 stocks advanced and 1344 stocks declined on BSE. BSE Sectoral indices closed lower.

BSE sensex closed at 12884.99 down by 164.36 points and Nifty was down by 43.65 points to close at 3718.00. BSE mid cap was down by 18.35 points to close at 5,228.44 and BSE small cap was up by 5.24 points to close at 6251.05.

Cement stocks closed lower as Grasim (7.59%), ACC (6.72%), and Gujarat ambuja (2.57%) closed in red.

BSE Metal index closed 40.59 points down at 8092.09 as SAIL (0.76%) and Hindalco (3.66%), ended lower.

BSE FMCG index ended 28.10 point down at 1688.87 as HLL (0.38%) closed up and ITC (4.35%) closed in red.

BSE IT index closed 47.47 points down at 4974.21 as Infosys, Satyam and Wipro closed in lower.

BSE bank index lost 15.12 points at 6451.24: HDFC Bank up (0.40%) and HDFC up (0.29%) while SBI, OBC, PNB and ICICI Bank ended in red.

BSE Capital goods index tumbled 128.52 points at 8602.30 as Siemens, Suzlon and BHEL ended red.

BSE oil & gas index slipped 67.09 points at 6118.47 as HPCL, BPCL, Reliance and ONGC plunged.

BSE health cares index closed lower 35.06 points at 3462.78 as Ranbaxy labs, Dr reddys labs and Cipla closed in red.

BSE auto index closed at 4843.65, down by 64.37 points as Bajaj Auto, M&M and Tata motors ended in red.