Post Session Market Commentary

After opening on a positive note, the market was volatile during the day. Finally, BSE Sensex closed at 13,285.93 with a decline of 22.10 points. The NSE Nifty dropped 14.85 points to close at 3861.05. Overall, the market breadth was negative as 1040 stocks were closed in green whereas 1510 were ended up in red zone in BSE. BSE Mid cap and BSE Small cap were relatively flat, as mid cap was up by 6.09 points at 5401.33, while the small cap dropped 0.95 points at 6456.61.BSE oil & gas index closed at 6434.17 down by 0.16% as GAIL (1.43%), ONGC (1.33%), and BPCL (1.23%) closed in red, while RIL (0.26%) and IPCL (0.75%) ended higher.BSE Metal index closed 0.27% up at 8453.97 as SAIL (0.72%), Hindalco (0.22%) advanced, whereas Nalco (1.10%) and Tata Steel (0.92%) ended lower.BSE IT index closed 0.54% down at 5067.73 as TCS (1.39%) and Infosys (0.97%) ended in red. BSE FMCG index closed at 1689.47 down by 1.20% as ITC (3.41%) dropped, however Dabur (3.64%) and HLL (0.66%) closed in green. BSE bank index was relatively flat as it dropped by 0.07% at 6822.33: ICICI Bank, PNB, OBC and HDFC bank ended in red. BSE Capital goods index up by 1.75% at 9129.78 as L&T (3.06%) and BHEL (1.73%) advanced.BSE Auto Index fell 0.12% at 5039.92 as Tata Motors (2.14%), Hero Honda (1.93%) and Bajaj Auto (0.68%) ended lower.