Monday, April 16, 2007

Post Session Market Commentary

After opening on a positive note, the market keeps on trading in green during the whole trading session. Finally, BSE Sensex closed at 13,695.58 with an incline of 311.50 points. The NSE Nifty closed at 4,013.35 up by 96 points. Overall, the market breadth was strong as 1804 stocks ended up in green whereas 776 stocks were closed in red zone in BSE. BSE Mid cap and BSE Small cap indices followed the trend of benchmark index, as BSE mid cap inclined by 89.45 points at 5665.95 and the BSE small cap gained by 127.67 points at 6884.13.BSE FMCG index closed at 1820.48 up by 46.52 points as ITC 3.56%, HLL 3.16% and Dabur 0.48% ended in green.BSE Capital goods index inclined by 274.85 points at 9745.82 as L&T 3%, BHEL 2.70% ended in green where as ABB (0.40%) and Siemens (0.87%), ended in red zone.BSE oil & gas index closed at 6769.44 up by 203.99 points as IPCL 3.53%, ONGC 3.17%, Essar oil 2.56% and BPCL 2.17%, HPCL 1.87% ended in positive.BSE Metal index closed higher by 256.93 points at 9560.58 as Tata Steel 4.33%, Hindalco 3.32%, and SAIL 1.71% ended in green whereas Nalco (0.81%) ended in red zone.BSE IT index surged up by 78.56 points to closed at 5150.28 as Wipro 3.34%, Infosys 1.95%, TCS 1.38%, HCL Tech 0.23% ended in green where as Satyam declined by (0.46%) to close in red.BSE bank index grew 82.97 points at 6722.81:IDBI Bank 3.32%, PNB 2.53%, ICICI Bank 1.77% and SBI 1.45% ended in green while HDFC Bank (0.80%) ended in red.BSE Auto Index increased by 70.65 points at 4888.81 as Tata Motors 3.40%, M&M 2.40%, Bajaj Auto 1.50%, Maruti 0.63% and ended in green.BSE Health Care Index closed at 3725.57 up by 38.96 points as Cipla 1.40%, Ranbaxy 1.09%, GSK 0.64% and Dr. Reddy 0.14% ended in green.

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