Monday, April 30, 2007

Post Session Market Commentary

The Sensex ended the trading session in a negative note whereas Nifty gain some points. The BSE Sensex closed with a decline of 36.21 points at 13872.37 while Nifty closed up by 4.4 points at 4087.90. Of the 2549 stocks traded on BSE 1403 advanced, 1071 declined. The BSE Mid cap and Small cap closed higher by 62.19 points and 52.36 points to settle at 5795.72 and 6924.74.

BSE Metal index inclined by 109.23 points to close at 9835.72 as Tata Steel 2.22%, Nalco 1.01% closed in green whereas SAIL (1.47%) and Hindalco (1.25%) ended in red.

BSE bank index dropped by 203.99 points to close at 6882.89 as ICICI Bank (7.26%) and BOB (2.86%) ended in red whereas HDFCbank 0.95%, PNB 0.87% and SBI 0.59% ended in green.

BSE Auto Index closed higher by 54.16 points at 4998.71 as Hero Honda 2.30%, M&M 2.08%, Maruti 1.02% and Tata Motors 0.26% ended in green.

BSE Health Care Index closed at 3702.69 grew marginally by 6.64 points as GSK 0.41% and Ranbaxy 0.38% closed in green while Cipla (2.88%), Sun Pharma (0.86%), Dr.Reddy (0.31%) ended in red.

BSE oil & gas index closed at 7135.34 grew by 57.38 points as IPCL 1.29%, HPCL 0.50% and IOCL 1.02% ended higher while ONGC (1.87%) and BPCL (1.48%)ended in red.

BSE IT index closed at 5053.29 up by 99.35 points as TCS 2.53%, HCL Tech. 2.52%, Infosys 2.12%, Satyam 1.25% and Wipro 0.92% closed in green.BSE FMCG index closed at 1800.55 declined by 20.66 points as HLL (1.82%) and ITC (0.44%) closed in red while Dabur 0.37% ended in green.

BSE Capital goods index closed higher by 56.36 points at 9880.45 as L&T 0.84% and Siemens 0.57% closed higher while ABB (1.21%) and BHEL (0.05%) closed lower.

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