Thursday, March 29, 2007

Post Session Market Commentary

After opening on a negative note, the market was bit volatile during the day. Finally, BSE Sensex closed at 12,979.66 with an incline of 95.32 points. The NSE Nifty advanced by 37 points to close at 3,798.10. Overall, the market breadth was strong as 1584 stocks were closed in green whereas 927 were ended up in red zone in BSE.

BSE Mid cap and BSE Small cap indices followed the trend of benchmark index, as BSE mid cap grew by 22.59 points at 5,319.17 and the BSE small cap grew 65.34 points at 6,377.79.

BSE FMCG index closed at 1,712.21 up by 2.08% as HLL (2.63%) and ITC (1.95%) closed in green.

BSE Capital goods index inclined by 1.22% at 9,000.14 as L&T grew by (3.56%).

BSE oil & gas index closed at 6,391.51 up by 0.43% as ONGC (0.58%) and RIL (0.38%) closed higher.

BSE Metal index closed 0.34% down at 8,346.06 as Hindalco declined by (1.69%), where as Tata Steel inclined marginally by (0.43%).

BSE IT index closed 0.89% up at 4,875.08 as TCS (3.58%), Satyam (1.62%), Wipro (1.58%) and Infosys (0.13%) ended in green.

BSE bank index dropped by 0.42% at 6,507.65: ICICI Bank and HDFC bank ended in red.

BSE Auto Index fell 0.34% at 4,803.59 as Bajaj Auto (1.77%) ended lower.

BSE Health Care Index closed higher at 3,581.82 with an increase of 1.00% as Ranbaxy (2.01%), Dr Reddy''s (1.46%) and Cipla (0.6%) ended in green.

No comments: