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 12945.88 with a gain of 239.94 points. The NSE Nifty gained 66.95 points to close at 3764.55. Overall, the market breadth was negative as 1155 stocks were closed in green whereas 1370 were ended up in red zone in BSE. BSE Mid cap and BSE Small cap were lagged behind the key indices, as mid cap was up by 9.74 points at 5341.13 and the small cap gained 14.42 points at 6369.64.BSE oil & gas index closed at 6277.36 up by 1.26% as RIL (1.39%), HPCL (0.44%) ended higher whereas GAIL (1.86%) and BPCL (2.07%) closed in red.BSE Metal index closed 1.42% up at 8252.96 as SAIL (3.59%), Tata Steel (1.44%) and Hindalco ended in green.BSE IT index closed 1.38% up at 5006.59 as Wipro (1.50%), Satyam (1.99%) and Infosys (2.10%) ended higher. BSE FMCG index closed at 1665.68, surged by 2.26% as HLL up (4.54%), Dabur (4.46%) and ITC (2.66%) closed in green. BSE bank index gained 4.04% at 6545.33: ICICI Bank, PNB, OBC, HDFC bank, and SBI ended in green. BSE Capital goods index up by 1.15% at 8648.18 as L&T (2.35%), BHEL (3.48%) and Siemens (0.85%) advanced whereas ABB (1.45%) ended lower.BSE Auto Index gained 0.76% at 4894.01 as Hero Honda (2.40%) and M&M (1.13%) ended higher.