Thursday, March 22, 2007

Post Session Market Commentary

After opening on a positive note, the market gained significantly during the day. Finally, BSE Sensex closed at 13,308.03 with a gain of 362.15 points. The NSE Nifty gained 111.35 points to close at 3875.90. Overall, the market breadth was positive as 1660 stocks were closed in green whereas 929 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 54.11 points at 5395.24 and the small cap gained 87.92 points at 6457.56.BSE oil & gas index closed at 6444.48 up by 2.66% as ONGC (5.08%), RIL (2.96%), HPCL (1.02%) and BPCL (0.66%) ended higher.BSE Metal index closed 2.16% up at 8431.09 as SAIL (3.24%), Tata Steel (2.98%) and Hindalco (0.97%) ended in green.BSE IT index closed 1.77% up at 5095.28 as Wipro (2.54%), Satyam (2.95%) and Infosys (1.24%) ended higher. BSE FMCG index closed at 1709.99, surged by 2.66% as HLL up (2.57%), Dabur (3.49%) and ITC (3.39%) closed in green. BSE bank index gained 4.31% at 6827.35: ICICI Bank, PNB, OBC, HDFC bank, and SBI ended in green.BSE Capital goods index up by 3.76% at 8973.06 as L&T (4.94%), BHEL (5.92%) and Siemens (5.15%) and ABB (2.48%) advanced.BSE Auto Index gained 3.10% at 5045.93 as Maruti (4.84%), M&M (3.72%), Tata Motors (3.57%) and Bajaj Auto (3.05%) ended higher.

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