Post session Market Commentary

After opening on a positive note, the market today recovered some of its ground, as BSE Sensex closed at 12644.99 with a gain of 214.59 points. It reached the highest of 12655 and a low of 12426.66. Following this trend, the NSE Nifty gained 70.35 points to close at 3678.90. During the day, it touched a highest of 3683.35 and a low of 3602.85. Overall, the market breadth was positive as 1419 stocks were closed in green territory whereas 1110 were ended up in red zone in BSE. BSE Mid cap and BSE Small cap were changed in line with the broader market, as mid cap was up by 51.10 points or 0.98% at 5286.67 and the small cap gained 60.43 points or 0.96% at 6335.07.BSE oil & gas index closed at 6152.57 up by 1.71% as ONGC (3.95%), HPCL (1.39%), GAIL (4.55%), BPCL (2.57%), and RIL (0.99%) closed in green.BSE Metal index closed 0.28% up at 8094.36 as SAIL up (0.54%) whereas Hindalco (0.54%) and Tata Steel (0.42%) ended in red.BSE IT index closed 1.80% up at 4967.35 as Wipro (2.43%) Infosys (1.69%), and Satyam (0.79%) ended higher. BSE health cares index closed 0.78% up at 3486.12: Cipla (0.74%), Ranbaxy (0.16%) and ended in green.BSE FMCG index closed at 1620.85, down by 0.32% as ITC down (2.31%), whereas HLL up (1.86%).BSE bank index gained 1.81% at 6218.19: ICICI Bank, HDFC bank, HDFC and SBI ended in green. BSE Capital goods index up by 2.09% at 8508.75 as L&T (1.4%), Siemens (1.65%), ABB (1.92%) and BHEL (6.54%) ended higher.BSE Auto Index gained 1.08% at 4846.34 as Maruti (1.27%), Bajaj Auto (1.17%) Tata Motor (3.41%) and Mahindra & Mahindra (0.85%) advanced.