Tuesday, March 20, 2007

Post Session Market Commentary

After opening on a positive note, the market was volatile during the day, but managed to be in the green territory through out the day. Finally, BSE Sensex closed at 12705.94 with a gain of 60.95 points. It reached the highest of 12798.80 and a low of 12674.77. Following this trend, the NSE Nifty gained 18.70 points to close at 3697.60. During the day, it touched a highest of 3725 and a low of 3676.65. Overall, the market breadth was positive as 1366 stocks were closed in green territory whereas 1201 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 44.72 points or 0.85% at 5331.39 and the small cap gained 20.15 points or 0.32% at 6355.22.BSE oil & gas index closed at 6199.52 up by 0.76% as HPCL (3.12%), GAIL (3.83%), BPCL (4.28%), IPCL (0.38%) and RIL (0.95%) closed in green.BSE Metal index closed 0.53% up at 8137.55 as Hindalco (3.65%), NALCO (2.79%) gained whereas Tata Steel (1.72%) and SAIL (0.58%) ended in red.BSE IT index closed 0.59% down at 4938.28 as Wipro (1.08%) Infosys (1.78%), HCL technology (0.77%) ended lower. BSE health cares index closed 1.13% up at 3525.45: Cipla (2.07%), Ranbaxy (5.69%), Dr. Reddy''s (0.55%) and GSK (0.24%) ended in green.BSE FMCG index closed at 1628.92, surged by 0.50% as HLL up (2.11%) whereas ITC (0.85%) and Dabur (1.12%) closed in red. BSE bank index gained 1.18% at 6291.27: HDFC bank, HDFC and SBI ended in green.BSE Capital goods index up by 0.48% at 8549.47 as L&T (0.09%) and Siemens (1.33%) advanced whereas ABB (0.38%) and BHEL (1.55%) ended lower.BSE Auto Index gained 0.22% at 4856.96 as Maruti (0.25%) and Mahindra & Mahindra (0.69%) ended in a positive territory whereas Bajaj Auto (0.81%) and Tata Motor (0.09%) declined.

No comments: