Post Session Market Commentary

After opening on sharp positive note, Market was trading strong till mid session but during final trading session it lost almost all its gains. However it managed to close in green. Overall market breadth was positive as 1399 stocks advanced and 1017 stocks declined on BSE. BSE Sectoral indices closed mixed.

BSE sensex closed at 12543.85 up by 14.23 points and Nifty was up by 2.50 points to close at 3643.60. BSE mid cap was up by 34.41 points to close at 5,280.79 and BSE small cap was up by 43.96 points to close at 6368.18.

BSE Metal index closed 1.34% up at 8,123.19 as SAIL (2.43%), Hindalco (1.09%) and Tata Steel (0.49%) ended in green.

BSE IT index closed 1.88% up at 4836.38 as Infosys, TCS, Satyam and Wipro ended higher.

BSE health cares index closed 18 points up at 3477.13 as Dr Reddy, Sun pharma and GSK ended in green.

BSE FMCG index closed up 28.05 points at 1641.97 as ITC ended in green while HLL and Dabur dropped in red.

BSE bank index slipped 76.85 points at 6191.43: ICICI Bank, HDFC bank, HDFC and SBI ended in deep red.

BSE Capital goods index closed flat at 8557.65 as Suzlon, ABB and BHEL ended lower.

BSE oil & gas index closed flat at 6026.30 as GAIL (3.17%), IPCL (1.65%), BPCL (0.2%) closed in green and RIL and ONGC ended in red.

BSE auto index closed at 4818.68, down by 0.73% as M&M, Hero Honda, Bajaj auto and Tata motors ended lower.