Post Session Market Commentary

After opening on sharp negative note, Market did not get any momentum to recover from losses. Overall market breadth was highly negative as 740 stocks advanced and 1772 stocks declined on BSE.

BSE sensex closed at 12529.62 down by 453.36 points and Nifty was down by 129.45 points to close at 3641.10. BSE mid cap was down by 107.45 points to close at 5,246.38 and BSE small cap was down by 110.65 points to close at 6324.22.

BSE bank index was the major losers with 4.14% down at 6268.28: ICICI Bank (5.91%), HDFC (3.13%) and SBI (3.71%) ended in deep red.

BSE Capital goods index plunged 3.31% at 8559.83 as Suzlon (4.23%), ABB (4.54%) and BHEL (4.0%) ended higher.

BSE Metal index closed 2.58% down at 8,015.66 as SAIL (4.59%), Hindalco (1.65%) and Tata Steel (3.58%) ended lower.

BSE oil & gas index slipped 2.96% at 6029.23 as IPCL (3.28%), RIL (3.15%) and ONGC (2.87%) ended in red.

BSE auto index closed at 4854.20, down by 1.89% as M&M, Hero Honda, Maruti Udyog and Tata motors ended lower.

BSE IT index closed 3.97% down at 4836.38 as TCS, Satyam and Wipro declined.

BSE health cares index closed 1.81% down at 3458.20 as CIPLA, Dr. Reddy Labs and GSK declined.

BSE FMCG index closed down 2.93% at 1613.92 as HLL, ITC and Dabur closed lower.