Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew by 145.94 points to close at 14,650.51 while Nifty increased by 36.3 points to close at 4,318.30. Of the 2,680 stocks actively traded on BSE, 1,482 stocks advanced while 1,108 stocks declined. The BSE Mid cap and Small cap closed up by 69.03 points and 68.30 points at 6,527.03 and 7,730.40 respectively.

BSE Auto Index grew by 25.39 points to close at 4,739.57 as M&M (2.24%), Bajaj Auto (1.66%), Hero Honda (1.20%) and Tata Motors (0.72%) closed in green while Maruti Udyog (0.91%) closed in red.

BSE Capital goods index increased by 227.81 points to close at 12,299.36 as ABB (5.95%), BHEL (3.32%), L&T (1.96%), Suzlon energy (1.07%) and Siemens (0.17%0 closed in green.

BSE bankex index increased by 223.22 points to close at 8,009.94 as HDFC bank (4.75%), BOB (4.08%0, SBI (3.74%), BOI (3.35%), Union bank (2.96%) and ICICI bank (1.32%) closed higher.

BSE Metal index closed at 10,605 decreased by 29.50 points as Hindalco (5.21%) and SAIL (0.27%) closed in green while Sterlite industries (1.54%), and Tata Steel (0.70%) closed in green.

BSE IT index grew by 29.11 points to close at 4,870.73 as HCL tech (3.12%), TCS (1.10%) Wipro (0.65%) and Infosys (0.17%) closed higher.

BSE Health Care Index closed up by 39.83 points at 3,805.70 as Cipla (2.66%), Ranbaxy labs (2.01%), Sun pharma (0.64%) and Dr Reddy (0.18%) closed higher.

BSE FMCG index closed marginally up by 6.63 points at 1,829.33 as Tata tea (1.88%) closed in green while Dabur (1.11%) and ITC (0.26%) and HLL (0.26%) closed in red.

BSE oil & gas index increased by 27.51 points to close at 7,626.66 as BPCL (0.86%) and IPCL (0.31%) closed higher while GAIL (2.31%), IOCL (0.72%), ONGC (0.46%) and Reliance petroleum (0.18%) closed lower.

Mid Day market Commentary

The market continued to trade higher since morning today on account of buying seen in the selective scrips. The overall market breadth is positive as 1499 stocks are advancing while 921 stocks are declining on BSE.

At 12.31 pm, BSE sensex was at 14,640.27 up by 135.70 points while Nifty was at 4,310.65 up by 28.65 points. The BSE mid cap is higher by 63.98 points at 6,521.98 and small cap advanced by 71.72 points to 7,733.82.

BSE Capital goods index increased 136.96 points to 12,208.51 as ABB (4.05%), L&T (0.97%), Siemens (0.79%) and BHEL (0.40%) are trading in green.

BSE Banks index is trading higher 134.98 points to trade at 7,921.70 as SBI (2.31%), PNB (1.75%), ICICI Bank (1.48%) and HDFC Bank (1.37%) are trading in positive.BSE IT index advanced 35.01 points to trade at 4,876.63 as Infosys (1.04%), HCL Tech (0.90%) and Wipro (0.19%) are trading higher

BSE Health Care index grew 31.19 points to trade at 3,797.06 as Ranbaxy (2.01%), Cipla (0.99%), Sun Pharma (0.69%) and Dr. Reddy (0.15%) are trading in positive.

BSE Auto index increased 25.08 points to trade at 4,739.26 as M&M (2.69%), Bajaj Auto (2.1%) and Tata Motors (1.36%) are trading in green while Hero Honda (0.74%) and Maruti (0.67%) are trading in red.

BSE Oil & Gas index was trading 18.49 points up at 7,617.64 as ONGC (0.11%) is trading in green whereas GAIL (3.12%) and BPCL (0.59% are trading in red.

BSE Metal index improved 10.17 points to trade at 10,644.67 as Tata Steel (0.67%) is trading in positive while Hindalco (2.37%) and NALCO (0.38%) are trading in negative.

BSE FMCG index fell 1.66 points to trade at 1,821.04 as ITC (0.65%), Dabur (0.63%) ) are trading in negative.

Pre open market commentary

Indian market is likely to have positive opening as the Asian market is trading higher. On Thursday, the Indian markets closed in positive territory, as BSE Sensex closed higher by 73.51 points at 14,504.57 while Nifty grew by 18.05 points to close at 4,282. We expect the market to remain range bound during the trading session.

Thursday, the US markets closed in mixed. The Dow Jones Industrial Average (DJI) decreased by 5.45 points to close at 13,422.28. The S&P 500 (SPX) index slipped by 0.63 points to close at 1,505.71 and NASDAQ Composite (RIXF) closed up by 3.02 points at 2,608.37 points.

Indian ADRs closed in mixed. In technology sector, Patni computers grew by (1.61%) along with Infosys, Satyam and Wipro by (1.16%), (1.25%) and (0.57%) respectively. HDFC bank and ICICI bank grew by (1.19%) and (0.45%) respectively. VSNL declined by (0.77%).

The major stock markets in Asia are trading higher. The Nikkei 225 grew by 156.29 points to trade at 18,088.56 Hang Seng grew by 37.28 points to trade at 21,975.50. Strait Times index was up by 5.31 points to trade at 3,543.54. Taiwan weighted trading lower by 31.38 points at 8,861.45.

Today, Nifty has support at 4,240 and resistance at 4,345 and BSE Sensex has support at 14,405 and resistance at 14,650.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it increased by 73.51 points to close at 14,504.57 while Nifty grew by 18.05 points to close at 4,282. Of the 2,654 stocks actively traded on BSE, 1,440 stocks advanced while 1,140 stocks declined. The BSE Mid cap and Small cap closed up by 33.19 points and 48.26 points at 6,458 and 7,662.10 respectively.

BSE Auto Index fell 32.06 points to close at 4,714.18 as M&M (1.79%), Bajaj Auto (1.75%), Tata Motors (1.03%) and Maruti Udyog (0.25%) closed in red.

BSE Capital goods index grew by 83.50 points to close at 12,071.55 as BHEL (1.70%), L&T (0.36%) and Siemens (0.16%) closed in green while ABB (78.33%)and Suzlon energy (3.59%) closed in red.

BSE bankex index increased by 34.20 points to close at 7,786.72 as BOI (2.13%), SBI (1.60%), ICICI bank (0.48%), Union bank (0.27%), HDFC bank (0.14%) and BOB (0.13%) closed higher.

BSE Metal index closed at 10,634.50 decreased by 51.09 points as Sterlite industries (0.86%), Hindalco (0.62%) and Tata Steel (0.54%) closed in red while SAIL (0.73%) and Jindal Saw (0.61%) closed in green.

BSE IT index decreased marginally by 1.85 points to close at 4,841.62 as HCL tech (1.08%), Wipro (1.04%) and TCS (0.34%) closed higher while Infosys (0.53%) closed lower.

BSE Health Care Index closed lower by 15.67 points at 3,765.87 as Novartis (3.33%), Aventis pharma (1.58%) and Cipla (1.14%) closed lower while Ranbaxy labs (1.52%) and Glaxosmithkline (0.24%) closed higher.

BSE FMCG index closed marginally up by 6.38 points at 1,822.70 as Tata tea (1.53%), Dabur (1.12%) and ITC (0.94%) closed in positive while and HLL (0.73%) closed in negative.

BSE oil & gas index decreased by 17.57 points to close at 7,599.15 as ONGC (1.62%) and IPCL (0.48%) closed in negative while GAIL (2.68%), Reliance petroleum (2.11%), BPCL (1.77%) and IOCL (1%) closed in positive.

Mid Day Market Commentary

The market is trading in the positive territory. The buying in the selective scrips continued. The Cement scrips are showing most of the buying momentum after the Finance Chidambaram announced yesterday that there would be no cut down in the cement prices. The overall market breadth is positive as 1548 stocks are advancing while 844 stocks are declining and 71 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,483.42 up by 52.36 points while Nifty was at 4,271.75 up by 7.80 points. The BSE mid cap is higher by 57.31 points at 6,482.12 and small cap advanced by 79.77 points to 7,693.61.

BSE Capital goods index inclined 33.86 points to 12,021.91 as L&T (0.51%), siemens (0.14%) and BHEL (0.14%) are trading in green.

BSE Banks index is trading higher 18.99 points to trade at 7,771.51 as SBI (1.04%), PNB (0.57%) and ICICI Bank (0.32%) are trading in positive.

BSE IT index advanced 10.22 points to trade at 4,853.69 as HCL Tech. (0.30%) and Infosys (0.26%) are trading higher while Wipro (0.20%) is trading lower.

BSE Health Care index grew 7.64 points to trade at 3,789.18 as Ranbaxy (1.75%), GSK (1.64%), Dr. Reddy (0.92%) and Cipla (0.49%) are trading in positive.

BSE Metal index slipped 47.15 points to trade at 10,638.44 as Hindalco (2.94%) and NALCO (0.38%) are trading in negative while SAIL (0.77%) and Tata Steel (0.17%) are trading in positive.

BSE Auto index declined 23.13 points to trade at 4,723.11 as Bajaj Auto (1.83%), Maruti Udyog (1.07%), M&M (0.56%) and Tata Motors (0.30%) are trading in red.

BSE Oil & Gas index was trading 5.72 points down at 7,611 as GAIL (0.65%), IPCL (0.58%) ONGC (0.33%) are trading lower whereas BPCL (1.21%) and HPCL (0.77% are trading higher.

BSE FMCG index fell 3.33 points to trade at 1,812.99 as HLL (1.05%) and Dabur (0.97%) are trading in red.

Pre open market commentary

Indian market is likely to have positive opening on the back of positive cues from global indices. On Wednesday, the Indian markets closed in negative territory, as BSE Sensex closed lower by 70.02 points at 14,431.06 while Nifty slipped by 21.75 points to close at 4,263.95. We expect the market to remain choppy during the trading session.

Wednesday, the US markets closed in green. The Dow Jones Industrial Average (DJI) surged by 90.07 points to close at 13,427.73. The S&P 500 (SPX) index grew by 13.45 points to close at 1,506.34 and NASDAQ Composite (RIXF) closed up by 31.19 points at 2,605.35 points.

Indian ADRs closed in positive. In technology sector, Patni computers grew by (3.11%) along with Satyam, Wipro and Infosys by (0.98%), (0.64%) and (0.49%) respectively. HDFC bank and ICICI bank grew by (1.02%) and (0.74%) respectively. VSNL declined by (0.34%). In automobile sector, Tata Motors slipped by (0.36%). In health care sector, Dr Reddy''s lab advanced by (0.94%).

The major stock markets in Asia are trading strong. The Nikkei 225 grew by 93.15 points to trade at 17,942.43 Hang Seng surged by 256.95 points to trade at 21,962.51. Strait Times index gained 22.49 points to trade at 3,527.99. Taiwan weighted trading up by 23.01 points at 8,867.23.

Today, Nifty has support at 4,215 and resistance at 4,310 and BSE Sensex has support at 14,340 and resistance at 14,550.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it declined by 70.02 points to close at 14,431.06 while Nifty soared down by 21.75 points to close at 4,263.95. Of the 2,647 stocks actively traded on BSE, 1,338 stocks declined while 1,245 stocks advanced. The BSE Mid cap and Small cap closed marginally higher by 6.91 points and 9.12 points at 6,424.81 and 7,613.84 respectively.

BSE Auto Index fell 41.85 points to close at 4,746.24 as M&M (2.02%), Tata Motors (1.83%) and Maruti Udyog (0.71%) closed in red while Bajaj Auto (0.17%) closed in red.

BSE Capital goods index grew by 38.14 points to close at 11,988.05 as Suzlon energy (6.72%) and Siemens 0.31% closed in green whereas BHEL (0.46%), L&T (0.29%) and ABB (0.27%) closed in red.

BSE bank index declined by 49.81 points to close at 7,752.52 as Union bank (2.36%), BOB (2.92%), HDFC bank (1.18%), ICICI bank (0.81%) and SBI (0.70%) closed lower while BOI 0.46% and PNB 0.16% closed higher.

BSE Metal index closed at 10,685.59 declined by 85.24 points as SAIL (2.28%), Tata Steel (1.14%) Hindalco (0.64%), Jindal Saw (0.27%) closed in red while Sterlite industries (0.82%) and Nalco (0.60%) closed in green.

BSE IT index grew by 43.48 points to close at 4,843.47 as Satyam computers (2.55%), TCS (0.94%), HCL tech (0.86%), Infosys (0.72%) and Wipro (0.24%) closed in green.

BSE Health Care Index closed lower by 12.46 points at 3,781.54 as Sun pharma (2.13%), Ranbaxy labs (1.41%) and Cipla (0.51%) closed lower while Glaxosmithkline (0.71%) closed higher.

BSE FMCG index closed marginally lower by 2.92 points at 1,816.32 as Dabur (0.58%) and ITC (0.45%) closed in negative while Tata tea (1.04%) and HLL (0.34%) closed in positive.

BSE oil & gas index slipped by 41.62 points to close at 7,616.72 as BPCL (2.14%), ONGC (1.57%) and GAIL (0.76%) closed in red while Reliance petroleum (2.06%), and IOCL (1.02%) and IPCL (0.47%) closed in green.

Mid Day Market Commentary

The market loses further ground to trade in the negative territory as selling in the selective scrips continued. The IT scrips are showing most of the buying momentum. The overall market breadth is positive as 1272 stocks are advancing while 1116 stocks are declining on BSE.

At 12.31 pm, BSE sensex was at 14,450 down by 51 points while Nifty was at 4,266.05 down by 19.65 points. The BSE mid cap is higher by 20 points at 6,438 and small cap advanced by 22 points to 7,627.

BSE IT index advanced 51.76 points to trade at 4,851.75 as Satyam (1.75%), HCL Tech. (1.22%), Infosys (0.99%) and Wipro (0.20%) are trading higher.

BSE Capital goods index inclined 24.96 points to 11,974.87 as Siemens (0.58%) and ABB (0.15%) are trading in green while L&T (0.42%) and BHEL (0.34%) are trading in red.

BSE Metal index slipped 75.01 points to trade at 10,695.82 as Hindalco (1.18%), NALCO (0.77%) and Tata Steel (0.17%) are trading in negative.

BSE Banks index is trading lower 54.56 points to trade at 7,747.77 as SBI (1.37%), ICICI Bank (0.63%), HDFC Bank (0.36%) and PNB (0.19%) are trading in negative.

BSE Auto index declined 22.59 points to trade at 4,765.50 as M&M (1.49%), Tata Motors (0.44%) and Maruti Udyog (0.13%) are trading in red.

BSE Health Care index dropped 10.26 points to trade at 3,783.74 as Sun Pharma (1.45%), Cipla (0.97%), Ranbaxy (0.86%) and GSK (0.63%) are trading in negative.

BSE FMCG index fell 7.90 points to trade at 1,811.34 as Dabur (0.96%) and HLL (0.53%) are trading in red.

BSE Oil & Gas index was trading 6.94 points down at 7,651.40 as ONGC (1.91%), GAIL (0.64%), BPCL (0.30%) and IPCL (0.29%) are trading lower.

Pre open market commentary

Indian market is likely to have flat opening on the back of negative cues from overseas indices. On Tuesday, the Indian markets closed in positive, as BSE Sensex closed marginally up by 13.36 points at 14,501.08 while Nifty closed higher by 26.3 points at 4,285.70. We expect the market to remain optimism during the trading session.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) slipped by 14.39 points to close at 13,337.66. The S&P 500 (SPX) index declined by 4.85 points to close at 1,492.89 and NASDAQ Composite (RIXF) closed lower by 2.92 points at 2,574.16 points.

Indian ADRs closed in positive. In technology sector, Wipro gained by (0.97%) along with Infosys and Patni computers by (0.22%) and (0.17%) respectively. ICICI bank grew by (0.37%) while HDFC bank fell by (0.95%). MTNL and VSNL inclined by (1.29%) and (1.21%) respectively. In automobile sector, Tata Motors grew by (0.12%). In health care sector, Dr Reddy''s lab surged by (1.14%).

The major stock markets in Asia are trading weak. The Nikkei 225 declined by 133.08 points to trade at 17,933.03 Hang Seng trading lower by 23.25 points at 21,780.32. Strait Times index slipped by 5.49 points to trade at 3,519.61. Taiwan weighted trading down by 23.08 points at 8,842.67.

Today, Nifty has support at 4,245 and resistance at 4,350 and BSE Sensex has support at 14,390 and resistance at 14,680.

Post session Market commentary

The BSE Sensex ended the session on a positive note as it closed marginally up by 13.36 points at 14,501.08 while Nifty grew up by 26.3 points to close at 4,285.70. Of the 2,693 stocks actively traded on BSE, 1,493 stocks advanced while 1,117 stocks declined. The BSE Mid cap closed up by 33.71 points and 40.51 points at 6,417.90 and 7,604.72 respectively.

BSE Auto Index grew by 22.03 points to close at 4,788.09 as Tata Motors (1.07%) and Maruti Udyog (0.52%) closed in green while Bajaj Auto (0.48%) and M&M (0.41%) closed in red.

BSE Capital goods index surged by 119.83 points to close at 11,949.91 as Siemens (2.09%), ABB (1.71%) and BHEL (1.40%) closed in green while L&T (0.63%) closed in red.

BSE bank index declined by 28.35 points to close at 7,802.33 as ICICI bank (0.60%) and BOI (0.36%) closed lower whereas PNB (1.93%), SBI (0.62%) and HDFC bank (0.39%) closed higher.

BSE Metal index closed at 10,770.83 grew by 22.67 points as Jindal Saw (1.55%), SAIL (0.94%), Tata Steel (0.60%) and Sterlite industries (0.33%) closed in green.

BSE IT index declined by 12.25 points to close at 4,799.99 as Wipro (1.25%), Infosys (0.69%) and TCS (0.27%) closed in red while HCL tech (0.82%) and Satyam computers (0.36%) closed in green.

BSE Health Care Index closed flat at 3,794. Ranbaxy labs (2.36%) and Sun pharma (0.37%) closed lower while Glaxosmithkline (0.64%) and Cipla (0.22%) closed higher.

BSE FMCG index grew marginally by 6.53 points to close at 1,819.24 as HLL (0.69%) and ITC (0.13%) closed in positive while Dabur (1.24%) and Tata tea (0.64%) closed in negative.

BSE oil & gas index closed up by 44.76 points at 7,658.34 as Reliance petroleum (5.85%), ONGC (2.11%) and IOCL (0.19%) closed in green while IPCL (1.18%), BPCL (1.15%), and HPCL (0.80%) closed in red.

Mid Day market Commentary

The market is now trading in the positive territory as some buying continued in the selective index pivotal. The overall market breadth is positive as 1468 stocks are advancing while 896 stocks are declining on BSE.

At 12.31 pm, BSE sensex was at 14,526 up by 38 points while Nifty was at 4,275.80 up by 16.4 points. The BSE mid cap is higher by 42 points at 6,426 and small cap advanced by 63 points to 7,627.

BSE IT index advanced 37 points to trade at 4,849 as HCL Tech. (1.54%), Satyam (1.54%) and Infosys (0.15%) are trading higher.

BSE Capital goods index inclined 33 points to 11,863 as ABB (1.51%), Siemens (0.96%) are trading in green while L&T (1.10%) and BHEL (0.28%) are trading in red.

BSE Oil & Gas index was trading 28 points up at 7,642 as HPCL (0.38%) is trading higher while BPCL (1.75%), GAIL (0.33%), IPCL (0.29%) and ONGC (0.22%) are trading lower.

BSE Auto index inclined 16 points to trade at 4,782 as Tata Motors (0.74%), M&M (0.40%), Maruti Udyog (0.40%) and Hero Honda (0.30%) are trading in green.

BSE FMCG index grew 9 points to trade at 1,813 as ITC (0.65%) and HLL (0.53%) are trading in green where Dabur (0.95%) is trading in red.

BSE Health Care index grew 7 points to trade at 3,801 as Cipla (1.47%) is trading in positive whereas Ranbaxy (0.84%), GSK (0.79%) and Sun Pharma (0.29%) are trading in negative.

BSE Banks index is trading lower 8 points to trade at 7,823 as ICICI Bank (0.84%) is trading in negative whereas PNB (1.17%), HDFC Bank 90.64%) and SBI (0.62%) are trading in positive.

Pre open market commentary

Indian market is likely to have flat opening with negative bias as Asian market is trading mixed and US market closed in red. On Monday, the Indian markets closed in positive, as BSE Sensex closed marginally higher by 20.36 points at 14,487.72 while Nifty closed up by 7.35 points at 4,259.40. We expect the market to remain range bound during the trading session.

Monday, the US markets closed in red. The Dow Jones Industrial Average (DJI) slipped by 8.21 points to close at 13,352.05. The S&P 500 (SPX) index closed lower by 4.82 points at 1,497.74 and NASDAQ Composite (RIXF) closed in negative at 2,577.08 down by 11.88 points.

Indian ADRs closed mixed. In technology sector, Satyam computers declined by (2%) followed by Patni computers, Infosys and Wipro by (1.60%), (1.31%) and (0.58%) respectively. ICICI bank and HDFC bank fell by (2.40%) and (1.24%) respectively. VSNL slipped by 0.13% while MTNL gained (0.13%). In automobile sector, Tata Motors grew by (0.43%).

The major stock markets in Asia are trading mixed. The Nikkei 225 is trading lower by 56.45 points at 18,031.03. Hang Seng gained 79.26 points to trade at 21,901.61. Strait Times index slipped by 15.76 points to trade at 3,564.57. Taiwan weighted trading down by 39.12 points at 8,900.07.

Today, Nifty has support at 4,210 and resistance at 4,315 and BSE Sensex has support at 14,340 and resistance at 14,650.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed marginally higher by 20.36 points at 14,487.72 while Nifty inched up by 7.35 points to close at 4,259.40. Of the 2,645 stocks actively traded on BSE, 1,501 stocks advanced while 1,072 stocks declined. The BSE Mid cap closed up by 10.49 points and 51.09 points at 6,384.79 and 7,564.21 respectively.

BSE Auto Index fell by 38.97 points to close at 4,766.06 as Bajaj Auto (1.69%), Maruti Udyog (1.14%) and Tata Motors (1.07%) are closed in red while M&M (0.89%) closed in green.

BSE Capital goods index surged by 132.05 points to close at 11,830.08 as Siemens (3.64%), L&T (2.77%) and BHEL (0.71%) are closed in green while ABB (0.59%) closed in red.

BSE bank index declined by 4.66 points to close at 7,830.68 as BOI (1.54%), SBI (0.50%), ICICI bank (0.21%), PNB (0.19%) and HDFC bank (0.18%) are closed lower.

BSE Metal index closed at 10,748.16 grew marginally by 3.18 points as Jindal Saw (4.08%), Hind Zinc (1.07%), JSW steel (1.04%), Hindalco (0.56%), Nalco (0.40%) and Tata Steel (0.10%) closed in green while Sterlite industries (0.77%) closed in red.

BSE IT index declined by 45.85 points to close at 4,812.24 as HCL tech (1.67%), Satyam computers (1.53%), TCS (1.27%) Infosys (0.76%) and Wipro (0.41%) closed in red.

BSE Health Care Index closed lower by 30.40 points at 3,793.54 as Sun pharma (2.07%) and Cipla (1.76%) closed lower while Glaxosmithkline (0.31%) and Ranbaxy labs (0.18%) closed higher.

BSE FMCG index slipped by 4.97 points to close at 1,812.71 as HLL (1.46%) and Tata tea (1.23%) closed lower while Dabur (2.10%) closed in green.

BSE oil & gas index closed up by 19.72 points at 7,613.58 as Reliance petroleum (4.72%) and ONGC (0.87%) closed in positive while HPCL (2.85%), BPCL (2.78%), IOCL (0.44%) and IPCL (0.29%) closed in negative.

Mid Day Market commenatry

The market is now trading flat and remain range bound. Some profit booking continued in the selective scrips led by IT, Auto and Bank index. The overall market breadth is positive as 1461 stocks are advancing while 892 stocks are declining and 79 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,467.95 up marginally by 0.59 points while Nifty was at 4,249.85 down by 2.20 points. The BSE mid cap is higher by 16.26 points at 6,389.96 and small cap advanced by 54.05 points to 7,567.17.

BSE Capital goods index inclined 29.51 points to 11,727.54 as Siemens (1.22%), BHEL (0.76%) and L&T (0.52%) are trading in green where as ABB (0.42%) is trading in red.

BSE Oil & Gas index was trading 25.18 points up at 7,619.04 as ONGC (1.43%) is trading higher while BPCL (2.84%), HPCL (2.57%), GAIL (1.31%) and IPCL (0.87%) are trading lower.

BSE Health Care index grew 3.97 points to trade at 3,827.91 as Ranbaxy (0.84%) and GSK (0.32%) are trading in positive whereas Sun Pharma (0.75%), Cipla (0.48%) and Dr. Reddy (0.46%) are trading in negative.

BSE Banks index is trading lower 31.21 points to trade at 7,804.13 as HDFC Bank (0.91%), ICICI Bank (0.52%) and SBI (0.27%) are trading in negative.

BSE IT index fell 19.09 points to trade at 4,839 as HCL Tech. (1.52%), Wipro (0.77%), Infosys (0.72%) and Satyam (0.65%) are trading lower.

BSE Auto index slipped 7.41 points to trade at 4,797.62 as Tata Motors (1.32%), Maruti Udyog (1.05%) and Bajaj auto (0.55%) are trading in red whereas M&M (1.64%) are trading in green.

BSE Metal index declined 2.69 points to trade at 10,742.29 as SAIL (0.75%), Tata Steel (0.67%) and NALCO (0.38%) are trading in negative.

BSE FMCG index dropped 1.69 points to trade at 1,815.99 as Dabur (0.97%) and HLL (0.52%) are trading in red.

Pre Open market Commentary

Indian market is likely to have flat opening as Asian market is trading mixed and US market closed in red. On Friday, the Indian markets closed in red territory, as BSE Sensex declined by 31.88 points to close at 14,467.36 while Nifty slipped by 15.35 points to close at 4,252.05. We expect the market to remain choppy during the day.

Friday, the US markets closed in red. The Dow Jones Industrial Average (DJI) dropped by 185.58 points to close at 13,360.26. The S&P 500 (SPX) index closed lower by 19.63 points at 1,502.56 and NASDAQ Composite (RIXF) closed in negative at 2,588.96 down by 28 points.

Indian ADRs closed in negative. In technology sector, Patni computers declined by (1.69%) along with Wipro, Satyam computers and Infosys by (1.58%), (1.42%) and (1.24%) respectively. ICICI bank grew by (0.42%) while HDFC bank slipped by (1.63%). VSNL and MTNL slipped by (1.07%) and (0.39%) respectively. In automobile sector, Tata Motors, declined by (1.38%).

The major stock markets in Asia are trading mixed. The Nikkei 225 is trading at 18,096.14 declined by 92.49 point. Hang Seng tumbled by 9.72 points to trade at 22,009.63. Strait Times index slipped by 15.91 points to trade at 3,599.47. Taiwan weighted trading up by 144.02 points at 8,956.93.

Today, Nifty has support at 4,205 and resistance at 4,320 and BSE Sensex has support at 14,320 and resistance at 14,660.

Post session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 31.88 points at 14,467.36 while Nifty declined by 15.35 points to close at 4,252.05. Of the 2,640 stocks actively traded on BSE, 1,280 stocks declined while 1,274 stocks advanced. The BSE Mid cap closed flat at 6,373.70 while Small cap closed higher by 16.64 points at 7,513.12.

BSE Auto Index grew by 8.96 points to close at 4,805.03 as Hero Honda (1.28%) and Tata Motors (0.36%) closed in green while Bajaj Auto (0.14%) closed in red.

BSE Capital goods index declined by 38.73 points to close at 11,698.03 as BHEL (2.80%) and Siemens (2.02%) closed in red while ABB (0.24%) closed in red.

BSE bank index advanced by 7.44 points to close at 7,835.34 as BOI (3.52%) and SBI (0.71%) closed higher while PNB (1.99%), ICICI bank (0.43%) and HDFC bank (0.16%) closed lower.

BSE Metal index closed at 10,744.98 slipped by 75.08 points as Hind Zinc (3.62%), Sterlite industries (2.48%), Jindal Saw (1.47%), JSW steel (0.44%), Nalco (0.44%) and Jindal steel (0.43%) closed in red while Hindalco by (1.89%) closed in green.

BSE IT index closed lower by 28.76 points at 4,858.09 as HCL tech (1.57%), Wipro (1.27%), Satyam computers (1.07%), TCS (0.41%) and Infosys (0.30%) closed in red.

BSE Health Care Index closed higher by 13.77 points at 3,823.94 as Sun pharma (2.96%) and Dr. Reddy lab (0.74%) closed higher while Glaxosmithkline (1.57%), Ranbaxy labs (0.17%) and Cipla (0.12%) closed lower.

BSE FMCG index closed flat at 1,817.68. Dabur (3.01%) and HLL (1.24%) closed in green while Tata tea (1.16%) and ITC (0.23%) closed in red.

BSE oil & gas index closed lower by 74.43 points at 7,593.86 as GAIL (3.07%), IOCL (2.20%), BPCL (1.60%), Reliance petroleum (0.72%), HPCL (0.66%) and IPCL (0.49%), ONGC (0.45%) closed in red.

Mid Day Market commentary

The market is now trading flat as some profit booking continued in the selective scrips. The overall market breadth is positive as 1331 stocks are advancing while 1005 stocks are declining and 67 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,503.72 up by 4.48 points while Nifty was at 4,260.45 down by 6.95 points. The BSE mid cap is higher by 23.47 points at 6,397.23 and small cap advanced by 37.72 points to 7,534.20.

BSE Banks index is trading higher 76.01 points to trade at 7,903.91 as SBI (0.83%), HDFC Bank (0.82%) and ICICI Bank (0.42%) are trading in positive.

BSE Capital goods index inclined 45.23 points to 11,781.99 as ABB (0.28%), L&T (0.19%) and Siemens (0.15%) are trading in green where as BHEL (1.08%) is trading in red.

BSE Metal index grew 23.93 points to trade at 10,843.99 as Hindalco (0.60%) is trading in positive whereas SAIL (0.74%), Tata Steel (0.49%) and NALCO (0.38%) are trading in negative.

BSE Health Care index grew 21.02 points to trade at 3,831.19 as Cipla (0.95%) and Dr. Reddy (0.46%) are trading in positive whereas GSK (0.86%) and Sun Pharma (0.58%) are trading in negative.

BSE Auto index inclined 13.17 points to trade at 4,809.24 as Bajaj Auto (0.28%), Hero Honda (0.15%) and M&M (0.14%) are trading in green whereas Tata Motors (1.02%) and Maruti Udyog (0.66%) are trading in red.

BSE FMCG index inclined 5.63 points to trade at 1,823.27 as Dabur (2%), HLL (0.92%) and ITC (0.16%) are trading in green.

BSE Oil & Gas index was trading 25.24 points down at 7,643.05 as IPCL (0.57%) is trading lower while GAIL (2.71%), BPCL (1.73%), HPCL (0.73%) and ONGC (0.55%) are trading higher.

BSE IT index fell 2.12 points to trade at 4,884.73 as HCL Tech. (0.90%), Wipro (0.76%), Satyam (0.43%) and Infosys (0.15%) are trading lower.

Pre Open Market commentary

Indian market is likely to have flat opening on the back weak global cues. On Thursday, the Indian markets closed in green territory, as BSE Sensex grew by 87.29 points to close at 14,499.24 while Nifty gained 18.75 points to close at 4,267. We expect the market to remain choppy during the trading session.

Thursday, the US markets closed higher. The Dow Jones Industrial Average (DJI) grew by 56.42 points to close at 13,545.84. The S&P 500 (SPX) index closed up by 9.35 points at 1,522.19 and NASDAQ Composite (RIXF) closed in positive at 2,616.96 surged by 17 points.

Indian ADRs closed mixed. In technology sector, Satyam advanced by (0.88%) along with Infosys and Wipro by (0.17%) and (0.13%) respectively while Patni computers declined by (0.44%). ICICI bank surged by (2.47%) while HDFC bank slipped by (0.26%). VSNL grew by (1.52%) whereas MTNL fell by (0.64%). In automobile sector, Tata Motors, slipped by (0.71%).

The major stock markets in Asia are trading weak. The Nikkei 225 is trading at 18,112.80 declined by 127.50 point. Hang Seng tumbled by 146.88 points to trade at 21,807.79. Strait Times index slipped by 24.19 points at 3,615.30. Taiwan weighted trading up by 12.63 points at 8,864.62.

Today, Nifty has support at 4,195 and resistance at 4,310 and BSE Sensex has support at 14,300 and resistance at 14,610.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed higher by 87.29 points at 14,499.24 while Nifty grew by 18.75 points to close at 4,267.40. Of the 2,653 stocks actively traded on BSE, 1,437 stocks advanced while 1,134 stocks declined. The BSE Mid cap and Small cap closed up by 33.74 points and 76.04 points at 6,373.76 and 7,496.48 respectively.

BSE Auto Index grew by 34.01 points to close at 4,796.07 as M&M (2.31%) and Bajaj Auto (0.75%) are closed in green whereas Hero Honda (1.08%) and Maruti Udyog (0.94%) closed in red.

BSE Capital goods index surged by 236.85 points to close at 11,736.76 as L&T (3.88%), BHEL (3.64%), ABB (1.34%) and Siemens (0.42%) are closed in positive.

BSE bank index advanced by 37.63 points to close at 7,827.90 as PNB (2.53%), BOI (1.55%), SBI (1.43%), HDFC bank (0.35%) and ICICI bank (0.20%) are closed in green.

BSE Metal index closed at 10,820.06 up by 95.10 points as Hind Zinc (4.42%), Jindal steel (2.98%), Hindalco by (2.74%) and Nalco (0.71%) closed in green while Jindal Saw (1.35%), Sterlite industries (1.13%) and JSW steel (0.46%) closed in red.

BSE IT index closed flat at 4,886.85. Satyam computers (1.06%), HCL tech (0.58%) and Wipro (0.40%), TCS (0.10%) closed in red

BSE Health Care Index closed marginally higher by 6.83 points at 3,810.17 as Ranbaxy labs (1.18%) and Dr. Reddy lab (0.61%) closed higher while Sun pharma (1.69%), and Cipla (0.12%) closed lower.

BSE FMCG index closed up by 5.74 points at 1,817.64 as HLL (0.40%) closed in green while Dabur (3.16%)

BSE oil & gas index closed higher by 15.92 points at 7,668.29 as BPCL (4.65%), IOCL (4.02%), HPCL (3.97%) and IPCL (0.33%) closed in green.

Mid Day Market Commentary

The market is now trading flat and has pared some gains as profit booking emerged at the higher level. The overall market breadth is positive as 1326 stocks are advancing while 1027 stocks are declining and 83 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,456.57 up by 44.62 points while Nifty was at 4,245.70 down by 2.95 points. The BSE mid cap is higher by 22.12 points at 6,362.14 and small cap advanced by 64.47 points to 7,484.91.

BSE Capital goods index surged 324.87 points to 11,824.78 as L&T (5.97%), BHEL (2.88%), ABB (1.35%) and Siemens (1.05%) are trading in green.

BSE Metal index grew 60.25 points to trade at 10,785.21 as SAIL (0.74%), Tata Steel (0.66%) and NALCO (0.39%) are trading in positive.

BSE Auto index inclined 48.99 points to trade at 4,811.05 as M&M (2.52%), Tata Motors (0.87%) and Bajaj Auto (0.18%) are trading in green whereas Maruti Udyog (0.39%) and Hero Honda (0.30%) are trading in red.

BSE Banks index is trading higher 23.20 points to trade at 7,813.47 as PNB (1.36%), HDFC Bank (0.73%) and ICICI Bank (0.21%) are trading in positive.

BSE Health Care index grew 20.07 points to trade at 3,823.41 as Ranbaxy (1.13%) and Dr. Reddy (0.47%) are trading in positive whereas Sun Pharma (1.33%), Cipla (0.48%) and GSK (0.32%) are trading in negative.

BSE IT index advanced 8.71 points to trade at 4,896 as Infosys (0.26%) is trading higher while Satyam (0.85%) and Wipro (0.38%) are trading lower.

BSE Oil & Gas index was trading 7.29 points down at 7,645.08 as ONGC (1.73%), GAIL (1.01%) and BPCL (0.30%) are trading lower while HPCL (1.14%) and IPCL (0.29%) are trading higher.

BSE FMCG index inclined 5.41 points to trade at 1,817.31 as HLL (0.53%) is trading in green while Dabur (1.94%) and ITC (0.65%) are trading in red.

Pre open market commentary

Indian market is likely to have flat opening on the back of weak global cues. On Wednesday, the Indian markets closed in green territory, as BSE Sensex grew by 116.45 points to close at 14,411.95 while Nifty gained 34.35 points to close at 4,248.65. We expect the market to trade in back foot.

Wednesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) declined by 146 points to close at 13,489.42. The S&P 500 (SPX) index closed lower by 20.86 points at 1,512.84 and NASDAQ Composite (RIXF) closed in negative at 2,599.96 slipped by 26.80 points.

Indian ADRs closed mixed. In technology sector, Patni computers, Satyam, Wipro and Infosys declined by (2.54%), (1.18%), (1%) and (0.67%) respectively. ICICI bank slipped by (2.92%) while HDFC bank advanced by (0.37%). VSNL and MTNL grew by (1.10%) and (1.95%) respectively.

The major stock markets in Asia are trading flat with positive bias. The Nikkei 225 is trading at 18,237.25 advanced by 25.57 point. Hang Seng gained 95.09 points to trade at 21,779.76. Taiwan weighted trading up by 56.50 points at 8,812.38.

Today, Nifty has support at 4,180 and resistance at 4,290 and BSE Sensex has support at 14,190 and resistance at 14,550.

Post Session Market Commenatry

The BSE Sensex ended the session on a positive note as it closed higher by 116.45 points at 14,411.95 while Nifty grew by 34.35 points to close at 4,248.65. Of the 2,635 stocks actively traded on BSE, 1,447 stocks advanced while 1,101 stocks declined. The BSE Mid cap and Small cap closed up by 95.98 points and 62.69 points at 6,340.02 and 7,420.44 respectively.

BSE Auto Index advanced by 64.59 points to close at 4,762.06 as Tata motors (3.53%), Maruti Udyog (2.32%), Bajaj Auto (2.04%), M&M (1.66%) and Hero Honda (0.44%) closed in green.

BSE Capital goods index surged by 141.85 points to close at 11,499.91 as Gammon India (1.93%), BHEL (1.73%), L&T (1.62%) and ABB (1.02%) closed in positive while Siemens (0.69%) closed in negative.

BSE bank index surged by 108.76 points to close at 7,790.27 as BOI (4.31%), SBI (3.85%), Oriental bank (2.08%), PNB (1.91%) and ICICI bank (0.37%) closed in green while HDFC bank (0.08%) closed in red.

BSE Metal index closed at 10,724.96 up by 113.37 points as Sterlite industries (7.98%), Jindal Saw (7.14%), Hind Zinc (6.96%) and JSW steel (1.95%) closed in positive.

BSE IT index closed marginally up by 3.70 points at 4,887.29 as HCL tech (0.42%) and Wipro (0.10%) closed in green while Satyam computers (0.72%), TCS (1.28%) and Infosys (0.14%) closed in red.

BSE Health Care Index closed marginally higher by 22.12 points at 3,803.34 as Cipla (1.33%), Dr. Reddy lab (0.97%) and Sun pharma (0.44%) closed in positive while Ranbaxy labs (1.91%) and Glaxosmithkline (1.40%) closed in negative.

BSE FMCG index closed up by 9.21 points at 1,811.90 as ITC (1.31%) and Tata tea (1.51%) closed in green while HLL (0.26%) and Dabur (0.19%) closed in red.

BSE oil & gas index closed higher by 6.78 points at 7,652.37 as IOCL (1.12%), IPCL (0.89%) and ONGC (0.18%) closed in green while GAIL (2.21%), BPCL (0.53%), HPCL (0.42%) and Reliance petroleum (0.31%) closed in red.

Mid Day Market commentary

The market is trading in the positive territory as buying in the index pivotal continued at higher level. The overall market breadth is positive as 1502 stocks are advancing while 814 stocks are declining and 85 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,440.97 up by 145.47 points and Nifty was at 4,255 up by 40.7 points. The BSE mid cap is higher by 71.94 points at 6,315.98 and small cap advanced by 72.61 points to 7,430.36.

BSE Capital goods index surged 136.26 points to 11,494.32 as BHEL (2.41%), ABB (1.29%), L&T (1.03%) and Siemens (0.29%) are trading in green.

BSE Metal index grew 126.49 points to trade at 10,738.08 as Hindalco (1.39%), SAIL (0.92%), NALCO (0.56%) and Tata steel (0.38%) are trading in positive.

BSE Banks index is trading higher 92.71 points to trade at 7,774.22 as PNB (2.02%), SBI (1.44%) and ICICI Bank (1.04%) are trading in positive.

BSE Auto index inclined 59.07 points to trade at 4,756.54 as Tata Motors (2.34%), M&M (2.08%), Maruti Udyog (1.75%), Hero Honda (1.13%) and Bajaj Auto (0.92%) are trading in green.

BSE IT index advanced 34.30 points to trade at 4,917.89 as HCL (1.79%), Satyam (1.45%), Wipro (0.76%) and Infosys (0.68%) are trading higher.

BSE Oil & Gas index was trading 16.55 points up at 7,662.14 as IPCL (0.75%) and HPCL (0.17%) are trading higher while GAIL (0.89%), ONGC (0.78%) and BPCL (0.20%) are trading lower.

BSE Health Care index grew 14.76 points to trade at 3,795.98 as Cipla (0.96%), Dr. Reddy (0.52%) and Sun Pharma (0.37%) are trading in positive.

BSE FMCG index inclined 4.84 points to trade at 1,807.53 as ITC (0.52%) is trading in green while Dabur (1.02%) and HLL (0.13%) are trading in red.

Pre Open Market Commentary

Indian market is likely to have positive opening as Asian market is trading higher and US market closed in positive. On Tuesday, the Indian markets closed in green zone, as BSE Sensex surged by 215.36 points to close at 14,295.50 while Nifty gained by 67.2 points to close at 4,214.30. We expect the market to remain range bound during the day. Tuesday, the US markets closed in positive territory. The Dow Jones Industrial Average (DJI) grew by 22.44 points to close at 13,635.42. The S&P 500 (SPX) index closed marginally up by 2.65 points to close at 1,533.70 and NASDAQ Composite (RIXF) closed flat at 2,626.76. Indian ADRs closed mixed. In technology sector, Wipro and Patni computers grew by (1.46%) and (0.31%) respectively while Satyam and Infosys declined by (1.09%) and (0.67%) respectively. ICICI bank and HDFC bank advanced by (5.39%) and (1.92%) respectively. VSNL and MTNL grew by (3.87%) and (1.32%) respectively. In automobile sector, Tata Motors inched up by (2.16%). The major stock markets in Asia are trading higher. The Nikkei 225 is trading at 18,245.29 advanced by 81.68 point. Hang Seng surged by 108.84 points to trade at 21,691.73. Taiwan weighted trading up by 98.22 points at 8,671.86. Today, Nifty has support at 4,170 and resistance at 4,278 and BSE Sensex has support at 14,145 and resistance at 14,480.

Post Session Market Commentary

The BSE Sensex ended the session on a positive inspiring note as it closed higher by 215.36 points at 14,295.50 while Nifty grew by 67.2 points to close at 4,214.30. Of the 2,629 stocks actively traded on BSE, 1,403 stocks advanced while 1,144 stocks declined. The BSE Mid cap and Small cap closed up by 71.17 points and 41.07 points at 6,244.04 and 7,357.75 respectively.

BSE Auto Index advanced by 63.50 points to close at 4,697.47 as Tata motors (2.80%), Hero Honda (1.85%), Bajaj Auto (1.77%), Maruti Udyog (1.10%) and M&M by (1.01%) closed in green.

BSE Capital goods index surged by 253.82 points to close at 11,358.06 as L&T (3.56%) and BHEL (1.83%), Siemens (1.13%) and ABB (0.21%) closed in positive.

BSE bank index surged by 202.36 points to close at 7,681.51 as BOI 6.66%, SBI 4.10%, PNB 3.02%, ICICI bank 2.89% and HDFC bank 1.10% closed in green.

BSE Metal index closed at 10,611.59 up by 187.99 points as JSW steel (3.81%), Tata Steel (3.38%), Sterlite industries (2.85%) and SAIL (2.33%) closed in positive.

BSE IT index closed lower by 57.02 points at 4,883.59 as Satyam computers (1.80%), Infosys (1.61%), TCS (0.51%) and Wipro (0.29%) closed in red.

BSE Health Care Index closed marginally higher by 6.23 points at 3,781.22 as Dr. Reddy lab 0.68% and Glaxosmithkline 0.48% closed higher while Ranbaxy labs (0.15%), Cipla (0.41%) and Sun pharma (0.21%) closed lower.

BSE FMCG index closed up by 13.60 points at 1,802.69 as Dabur (1.73%), ITC (0.13%) and HLL (0.83%) closed in positive.

BSE oil & gas index closed higher by 212.76 points at 7,645.59 as IPCL (3.07%), GAIL (2.88%), ONGC (2.87%), Reliance petroleum (2.69%) and IOCL (1.06%) closed in green.

Mid Day Market commentary

The market is trading in the flat. The IT scrips are facing the selling tune on the back of strong rupee. The overall market breadth is positive as 1169 stocks are advancing while 1156 stocks are declining and 84 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,094.67 up by 14.53 points and Nifty was at 4,153.35 up by 6.25 points. The BSE mid cap is higher by 15.38 points at 6,188.25 and small cap advanced by 18.39 points to 7,335.07.

BSE Capital goods index surged 100.29 points to 11,204.53 as L&T (1.62%), BHEL (0.95%) and ABB (0.49%) are trading in green.

BSE Oil & Gas index was trading 77.24 points up at 7,510.07 as RPL (1.79%), GAIL (1.62%), ONGC (1.29%) and IPCL (0.85%) are trading higher while BPCL (1.68%) and HPCL (1.46%) are trading lower.

BSE Banks index is trading higher 50.51 points to trade at 7,529.66 as ICICI Bank (1.01%), HDFC Bank (0.81%), SBI (0.80%) and PNB (0.41%) are trading higher.

BSE Metal index grew 38.80 points to trade at 10,462.40 as Tata Steel (1.26%), NALCO (0.30%) and SAIL (0.15%) are trading in positive.

BSE Auto index inclined 11.84 points to trade at 4,645.81 as Tata Motors (1.34%), M&M (0.88%) and Hero Honda (0.48%) are trading in positive while Bajaj Auto (0.67%) and Maruti Udyog (0.43%) are trading in negative.

BSE FMCG index inclined 8.04 points to trade at 1,797.13 as HLL (0.67%) and ITC (0.07%) are trading in green while Dabur (0.30%) is trading in red.

BSE Health Care index grew 7.47 points to trade at 3,782.46 as GSK (0.58%), Dr. Reddy (0.54%) and Sun Pharma (0.40%) are trading in positive.

BSE IT index declined 66.19 points to trade at 4,874.42 as Infosys (1.73%), Satyam (1.45%), Wipro (1.41%), TCS (1%) and HCL Tech. (0.58%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to open flat as US market closed flat with negative bias and major market in Asia Pacific region is trading weak. On Monday, the Indian markets closed in red, as BSE Sensex closed lower by 82.57 points at 14,080.14 while Nifty closed down by 24.35 points at 4,147.10. We expect the market to remain choppy during the trading session.

Monday, the US markets closed flat with negative bias. The Dow Jones Industrial Average (DJI) fell by 26.50 points to close at 13,612.98. The S&P 500 (SPX) index closed marginally down by 1.86 points at 1,531.05 and NASDAQ Composite (RIXF) dropped by 0.11 points to close at 2,626.60.

Indian ADRs closed mixed. In technology sector, Wipro, Infosys and Satyam dropped by 2.48%, 1.71% and 0.85% respectively. HDFC bank fell by 0.72% while ICICI Bank surged by 1.03%. MTNL and VSNL dropped by 0.52% and 0.90% respectively.The major stock markets in Asia Pacific region are trading weak. The Nikkei 225 is trading at 18,143.92 down by 5.60 points, Seoul Composite slipped 7.66 points to trade at 1,799.22. Straits Times trading flat at 3,622.47.

Today, Nifty has support at 4,100 and resistance at 4,210 and BSE Sensex has support at 13,900 and resistance at 14,280.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 82.57 points at 14,080.14 while Nifty slipped by 24.35 points to close at 4,147.10. Of the 2,596 stocks actively traded on BSE, 1,414 stocks declined while 1,120 stocks advanced. The BSE Mid cap and Small cap closed lower by 8.05 points and 33.57 points at 6,172.87 and 7,316.88 respectively.

BSE Auto Index slipped by 40.83 points to close at 4,633.97 as Hero Honda (3.87%), Bajaj Auto (1.31%) and Tata motors (0.78%) closed in red while Maruti Udyog (0.33%) and M&M by (0.94%) closed in green.

BSE Capital goods index fell by 52.54 points to close at 11,104.24 as L&T (1.06%) and BHEL (0.64%) closed in negative while ABB (1.71%) and Siemens (1.69%) closed in positive.

BSE bank index closed higher by 17.56 points at 7,479.15 as ICICI bank (1.08%), BOI (0.29%) closed in green while HDFC bank (1.84%), SBI (0.40%), OBC (0.71%), PNB (0.43%) closed in red.

BSE Metal index closed at 10,423.60 lost 72.38 points as SAIL (1.95%) and Tata Steel (1.86%) closed lower while Hindalco (0.50%) and Nalco (0.44%) closed higher.

BSE IT index closed lower by 55.51 points at 4,940.61 as Patni computers (1.60%), Wipro (1.44%), Satyam computers (1.23%), Infosys (1.02%) and HCL Tech (0.77%) closed in red.

BSE Health Care Index declined by 20.21 points at 3,774.99 as Ranbaxy labs (3.89%), Glaxosmithkline (1.59%) and Dr. Reddy lab (0.20%) closed lower.

BSE FMCG index closed marginally up by 0.36 points at 1,789.09 as Dabur 0.45%, ITC 0.39% and HLL 0.21% closed in positive.

BSE oil & gas index closed lower by 24.66 points at 7,432.83 as HPCL (3.26%), IOCL (1.08%), Reliance petroleum (0.78%) closed in red.

Mid Day market commentary

The market is trading flat with positive bias as some buying is seen at the lower level. The overall market breadth is positive as 1171 stocks are advancing while 1090 stocks are declining and 71 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,195.67 up by 32.96 points and Nifty was at 4,179.65 up by 8.2 points. The BSE mid cap is higher by 14.13 points at 6,195.05 and small cap advanced by 23.94 points to 7,374.19.

BSE Banks index is trading higher 48.46 points to trade at 7,510.05 as ICICI Bank (0.92%), HDFC Bank (0.31%) and SBI (0.18%) are trading higher.

BSE Oil & Gas index was trading 2.61 points up at 7,460.10 as GAIL (0.76%), IPCL (0.33%), and ONGC (0.11%) are trading higher while HPCL (2.54%), RPL (0.99%) and BPCL (0.09%) are trading lower.

BSE Health Care index grew 2.17 points to trade at 3,797.37 as SunPharma (0.22%) and Cipla (0.07%) are trading in positive while GSK (1.05%), Ranbaxy (0.62%) and dr. Reddy (0.23%) are trading in negative.

BSE FMCG index inclined 1.44 points to trade at 1,790.17 as Dabur (0.25%), HLL (0.24%) and ITC (0.23%) are trading in green.

BSE IT index declined 46.05 points to trade at 4,950.07 as HCL (1.51%), TCS (1.34%), Infosys (1.06%), Wipro (1.04%) and Satyam (0.99%) are trading in negative.

BSE Auto index declined 19.60 points to trade at 4,655.20 as Hero Honda (3.02%), M&M (0.48%), Bajaj auto (0.45%), Tata Motors (0.37%) and Maruti Udyog (0.16%) are trading in negative.

BSE Capital goods index slipped 8.77 points to 11,148.01 as L&T (0.47%) and BHEL (0.04%) are trading in red while ABB (1.69%) and Siemens (0.55%) are trading in green.

BSE Metal index dropped 7.54 points to trade at 10,488.44 as SAIL (0.96%), NALCO (0.67%) and Tata Steel (0.45%) are trading in negative while Hindalco (0.71%) is trading in positive.

Pre Open Market Commentary

Indian market is likely to have positive opening on the back of strong global cues. On Friday, the Indian markets closed mixed, as BSE Sensex closed lower by 41.01 points at 14,162.71 while Nifty closed marginally up by 1.45 points at 4,171.45. We expect the market to be range bound during the day.

Friday, the US markets closed in green territory. The Dow Jones Industrial Average (DJI) grew by 85.76 points to close at 13,639.48. The S&P 500 (SPX) index closed marginally up by 10.13 points at 1,532.91 and NASDAQ Composite (RIXF) advanced by 27.30 points to close at 2,626.71.

Indian ADRs closed mixed. In technology sector, Wipro and Infosys grew by (0.56%) and (0.19%) respectively while Patni computers declined by (0.92%). HDFC bank and ICICI bank advanced by (1.74%) and (0.15%) respectively. MTNL up by (0.13%) while VSNL fell by (1.34%) respectively. In automobile sector, Tata Motors advanced by (0.81%). In health care sector, Dr Reddy''s lab declined by (2.48%).

The major stock markets in Asia are trading strong. The Nikkei 225 is trading at 18,148.72 gained by 177.23 points, Hang Seng surged by 322.97 points to trade at 21,340.02. Straits Times trading at 3,625.18 up by 44.02 points.

Today, Nifty has support at 4,130 and resistance at 4,260 and BSE Sensex has support at 14,020 and resistance at 14,330.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 41.01 points at 14,162.71 while Nifty closed marginally up by 1.45 points at 4,171.45. Of the 2,569 stocks actively traded on BSE, 1,272 stocks advanced while 1,214 stocks declined. The BSE Mid cap and Small cap closed higher by 19.31 points and 29.34 points at 6,180.92 and 7,350.25 respectively.

BSE Auto Index closed up by 7.45 points at 4,674.80 as Maruti Udyog (1.62%), Tata motors (1.21%) and Bajaj Auto (0.11%) closed in green while Hero Honda (0.51%) closed in red.

BSE Capital goods index surged by 184.76 points to close at 11,156.78 as BHEL (2.95%), L&T (1.29%), ABB (0.78%) and Siemens (0.55%) closed in green.

BSE bank index closed higher by 43.93 points at 7,461.59 as HDFC bank (0.94%), SBI (0.73%), OBC (0.43%), PNB (0.43%) and ICICI bank (0.25%) closed in positive.

BSE Metal index closed at 10,495.98 slipped by 71.56 points as Tata Steel (2.29%), Hindalco (1.68%) and Sesa Goa (0.44%) closed in red while SAIL (1.88%) closed in green.

BSE IT index closed lower by 37.64 points at 4,996.12 as Patni computers (2.20%), Satyam computers (1.55%), Infosys (0.53%), HCL Tech (0.34%) and Wipro (0.34%) closed in red.

BSE Health Care Index closed marginally higher by 1.77 points at 3,795.20 as Glaxosmithkline (2.28%) and Ranbaxy labs (1.01%) closed higher while Sun pharma (1.16%) and Dr. Reddy lab (0.96%) closed lower.

BSE FMCG index closed in positive at 1,788.73 grew by 8.06 points as ITC (0.43%) and HLL (0.13%) closed in positive while Dabur (1.08%) closed in negative.

BSE oil & gas index declined by 35.13 points at 7,457.49 as IOCL (1.80%), Reliance petroleum (0.78%) and IPCL (0.68%) closed lower while GAIL (1.98%), HPCL (1.15%) ONGC (0.35%) closed higher.

Mid Day Market commentary

The market has maintained its opening gains and is trading stable at higher levels as the buying continued for index pivotal. The overall market breadth is strong as 1456 stocks are advancing while 777 stocks are declining and 69 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,282.68 up by 78.96 points and Nifty was at 4,203.55 up by 33.55 points. The BSE mid cap is higher by 58.64 points at 6,220.25 and small cap advanced by 79.39 points to 7,400.30.

BSE Capital goods index surged 183.41 points to 11,155.43 as BHEL (2.40%), ABB (1.58%) and L&T (1.31%) are trading in green while Siemens (0.08%) is trading in red.

BSE Banks index is trading higher 112.46 points to trade at 7,530.12 as HDFC Bank (1.88%), SBI (1.86%), ICICI Bank (1.56%) and PNB (0.75%) are trading higher.

BSE Metal index advanced 49.85 points to trade at 10,617.39 as SAIL (1.61%) and NALCO (0.04%) are trading in positive while Tata Steel (0.39%) and Hindalco (0.30%) are trading in negative.

BSE Oil & Gas index was trading 33.68 points up at 7,526.30 as GAIL (1.09%), RPL (0.93%), ONGC (0.92%), IPCL (0.91%) are trading higher while HPCL (0.63%) and BPCL (0.63%) are trading lower.

BSE Auto index inclined 32.99 points to trade at 4,700.34 as Maruti (1.69%), M&M (1.27%), Tata Motors (1.17%) and Bajaj Auto (0.86%) are trading in positive.

BSE Health Care index grew 27.94 points to trade at 3,821.37 as Ranbaxy (2.32%), GSK (1.98%) and Cipla (0.84%) are trading in positive while Dr. Reddy (0.64%) is trading in negative.

BSE FMCG index inclined 14.44 points to trade at 1,795.11 as HLL (0.91%) and ITC (0.59%) are trading in green while Dabur (1.86%) is trading in red.

BSE IT index inclined 11.26 points to trade at 5,045.02 as Infosys (0.39%) and Wipro (0.23%) are trading in positive while TCS (0.73%), Satyam (0.38%) and HCL (0.15%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to open flat with positive bias, mainly on the back of positive global cues. On Thursday, the Indian markets closed on a positive inspiring note, as BSE Sensex closed higher by 200.69 points at 14,203.72 while Nifty closed up by 56.95 points at 4,170. We expect the market to remain range bound during the day.

Thursday, the US markets closed in green. The Dow Jones Industrial Average (DJI) advanced by 71.37 points to close at 13,553.72. The S&P 500 (SPX) index closed marginally up by 7.30 points at 1,522.97 and NASDAQ Composite (RIXF) grew by 17.10 points to close at 2,599.41.

Indian ADRs closed in positive territory. In technology sector, Patni computers surged by (3.94%) followed by Infosys by (2.72%), Satyam by (1.57%) and Wipro by(1.14%). ICICI bank and HDFC bank grew by (0.22%) and (0.12%) respectively. VSNL and MTNL grew by (1.13%) and (0.66%) respectively. In automobile sector, Tata Motors advanced by (0.31%). In health care sector, Dr Reddy''s lab up by (0.77%).

The major stock markets in Asia are trading in green. The Nikkei 225 is trading at 17,962.73 up by 120.44 points, Hang Seng trading higher by 72.56 points at 20,939.82. Straits Times trading at 3,589.43 up by 16 points.

Today, Nifty has support at 4,120 and resistance at 4,240 and BSE Sensex has support at 14,050 and resistance at 14,420.

Post session Market commentary

The BSE Sensex ended the session on a positive inspiring note as it closed up by 200.69 points at 14,203.72 while Nifty closed higher by 56.95 points at 4,170. Of the 2,561 stocks actively traded on BSE, 1,690 stocks advanced while 783 stocks declined. The BSE Mid cap and Small cap closed higher by 95.98 points and 96.64 points at 6,161.61 and 7,320.91 respectively.

BSE Auto Index closed higher by 38.81 points at 4,667.35 as M&M (1.98%), Maruti Udyog (1.15%) and Bajaj Auto (0.40%) closed in green while Hero Honda (1.65%) and Tata motors (0.47%) closed in red.

BSE Capital goods index surged by 247.64 points to close at 10,972.02 as Siemens (3.20%), BHEL (2.88%), L&T (2.78%) and ABB (1.86%) closed in green.

BSE bank index closed higher by 48.97 points at 7,417.66 as BOI (4.59%), SBI (1.91%), HDFC bank (1.42%), OBC (1.09%) and PNB (0.29%) closed in positive while ICICI bank (0.78%) closed in negative.

BSE Metal index closed at 10,567.54 surged by 292.27 points as JSW steel (5.07%), Sesa Goa (4.39%), SAIL (4.39%), Tata Steel (3.18%), Hindalco (2.34%) and Nalco (0.94%) closed in green.

BSE IT index closed up by 66.89 points at 5,033.76 as Patni computers (5.15%), Infosys (1.90%), Satyam computers (0.87%), HCL Tech (0.82%) and Wipro (0.28%) closed in green.

BSE Health Care Index closed in positive at 3,793.43 up by 45.05 points as Ranbaxy labs (1.83%), Dr. Reddy lab (1.70%), Sun pharma (1.63%) and Cipla (0.46%) closed higher.

BSE FMCG index closed marginally up by 7.87 points at 1,780.67 as Dabur (0.49%) closed in green while ITC (0.23%) closed in red.

BSE oil & gas index closed higher by 95.26 points at 7,492.62 as ONGC (2.15%), Reliance petroleum (1.63%), IOCL (0.71%) and IPCL (0.64%) closed higher while GAIL (1.58%) and HPCL (0.44%) closed lower.

Mid Day Market Commentary

The market is trading firm at higher levels. All the sectorial indices are trading in green as the buying continued for index pivotal. The overall market breadth is positive as 1640 stocks are advancing while 576 stocks are declining and 73 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,190.39 up by 187.36 points and Nifty was at 4,166.95 up by 53.9 points. The BSE mid cap is higher by 90.73 points at 6,156.36 and small cap advanced by 105.23 points to 7,329.50.

BSE Metal index advanced 169.26 points to trade at 10,444.53 as SAIL (2.66%), Tata Steel (1.08%), Hindalco (0.69%) and NALCO (0.31%) are trading in positive.

BSE Capital goods index surged 153.28 points to 10,877.66 as Siemens (2.65%), BHEL (2.29%), ABB (1.64%0 and L&T (1.42%) are trading in green.

BSE Banks index is trading higher 63.41 points to trade at 7,432.10 as SBI (2.06%), HDFC Bank (1.70%) and PNB (1.08%) are trading higher while ICICI Bank (0.47%) is trading lower.

BSE Oil & Gas index was trading 61.33 points up at 7,458.69 as RPL (1.53%), IPCL (1.03%), GAIL (0.86%), ONGC (0.78%) and HPCL (0.24%) are trading higher.

BSE IT index inclined 56.48 points to trade at 5,023.35 as Infosys (1.22%), Wipro (0.90%), Satyam (0.42%), TCS (0.32%) and HCL (0.13%) are trading in positive.

BSE Auto index inclined 38.10 points to trade at 4,666.64 as M&M (1.98%), Maruti Udyog (0.83%), Tata Motors (0.20%) and Bajaj Auto (0.07%) are trading in positive.

BSE Health Care index grew 33.11 points to trade at 3,781.49 as Dr. Reddy (1.32%), Ranbaxy (0.99%) and Cipla (0.77%) are trading in positive while GSK (0.74%) and Sun Pharma (0.25%) are trading in negative.

BSE FMCG index inclined 17.57 points to trade at 1,790.37 as HLL (1.04%), ITC (0.69%) and Dabur (0.15%) are trading in green.

Pre open market Commentary

Indian market is likely to have positive opening on the back of strong global cues. On Wednesday, the Indian markets closed on a negative note, as BSE Sensex closed lower by 127.92 points at 14,003.03 while Nifty dropped by 42.15 points to close at 4,113.05. We expect the market to remain optimism during the day.

Wednesday, the US markets closed in positive. The Dow Jones Industrial Average (DJI) grew by 187.34 points to close at 13,482.35. The S&P 500 (SPX) index closed up by 22.67 points at 1,515.67 and NASDAQ Composite (RIXF) advanced by 32.54 points to close at 2,582.31.

Indian ADRs closed in green. In technology sector, Satyam grew by (2.53%) along with Infosys and Wipro by (2.09%) and (0.89%) respectively. HDFC bank grew by 0.79% while ICICI bank slipped (0.77%). MTNL and VSNL grew by (0.80%) and (0.36%) respectively. In automobile sector, Tata Motors advanced by (0.44%). In health care sector, Dr Reddy''s lab surged by (4.13%).

The major stock markets in Asia are trading strong. The Nikkei 225 index surged by 116.62 points to trade at 17,849.39. Hang Seng advanced by 158.82 points to trade at 20,737.57. Straits Times gained 30.90 points to trade at 3,582.12. Taiex trading up by 85.31 points at 8,431.70.

Today, Nifty has support at 4,070 and resistance at 4,180 and BSE Sensex has support at 13,905 and resistance at 14,240.

Post session Market Commentary

The BSE Sensex ended the session on a negative note as it declined by 127.92 points to close at 14,003.03 while Nifty closed lower by 42.15 points at 4,113.05. Of the 2,538 stocks actively traded on BSE, 1,374 stocks declined while 1,076 stocks advanced. The BSE Mid cap and Small cap closed lower by 18.77 points and 4.61 points at 6,065.63 and 7,224.27 respectively.

BSE Auto Index closed lower by 17.72 points at 4,628.54 as M&M (1.34%), Hero Honda (1.51%) and Bajaj Auto (0.34%) closed in red while Tata motors (0.68%) and Maruti Udyog (0.15%) closed in green.

BSE Capital goods index fell drastically by 131.94 points to close at 10,724.38 as ABB (2.99%), L&T (1.85%) and BHEL (0.60%) closed in red.

BSE bank index closed lower by 84.83 points at 7,368.69 as SBI (3.19%), BOI (3.02%), PNB (1.40%), ICICI bank (0.67%) and HDFC bank (0.43%) closed in red.

BSE Metal index closed at 10,275.27 dropped by 84.65 points as SAIL (2.37%) and Tata Steel (1.31%) closed in red while Hindalco (0.63%) and Nalco (0.41%) closed in green.

BSE IT index closed marginally lower by 8.63 points at 4,966.87 as Patni computers (3.02%), Wipro (1.56%), HCL Tech (0.58%) and Infosys (0.22%) closed in red while Satyam computers (1.65%) closed in green.

BSE Health Care Index closed in positive at 3,748.38 up by 8.54 points as Dr. Reddy lab (2.72%), Sun pharma (1.45%) and Cipla (0.10%) closed higher while Ranbaxy labs (1.50%) closed lower.

BSE FMCG index closed lower by 17.26 points at 1,772.80 as HLL (1.56%) and ITC (1.14%) closed in red while Dabur (1.86%) closed in green.

BSE oil & gas index closed in negative at 7,394.36 down by 93.35 points as BPCL (3%), GAIL (2.77%), HPCL (2.02%), IPCL (1.10%) and Reliance petroleum (0.94%) closed in red.

Mid Day Market Commentary

The market is trading lower as selling continued in the selective scrips. The overall market breadth is positive as 1098 stocks are advancing while 1083 stocks are declining and 74 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,095.08 down by 35.87 points and Nifty was at 4,139.25 down by 15.95 points. The BSE mid cap is higher by 13.58 points at 6,097.98 and small cap advanced by 23.51 points to 7,252.39.

BSE Health Care index grew 10.65 points to trade at 3,750.49 as Dr. Reddy (3.04%) and GSK (0.07%) are trading in positive while Sun Pharma (1.18%) and Cipla (0.19%) are trading in negative.

BSE Auto index inclined 10.04 points to trade at 4,656.30 as Tata Motors (0.94%) and Maruti Udyog (0.85%) are trading in positive while Hero Honda (0.78%) and M&M (0.24%) are trading in negative.

BSE Capital goods index slipped 31.44 points to 10,824.88 as ABB (1.48%) and BHEL (1.32%) are trading in red while L&T (0.17%) and Siemens (0.11%) are trading in green.

BSE Oil & Gas index was trading 26.86 points down at 7,463.85 as GAIL (2.03%), BPCL (1.56%), HPCL (1.12%), IPCL (0.90%) and RPL (0.26%) are trading in red.

BSE Banks index is trading lower 24.71 points to trade at 7,428.81 as SBI (1.27%), PNB (1.09%) and HDFC Bank (0.73%) are trading lower while ICICI Bank (0.40%) is trading higher.

BSE FMCG index dropped 11.83 points to trade at 1,778.23 as ITC (1.46%) and HLL (0.89) are trading in red while Dabur (0.65%) is trading green.

BSE Metal index declined 8.26 points to trade at 10,351.66 as Hindalco (0.94%) and SAIL (0.73%) are trading lower while Tata Steel (0.57%) and NALCO (0.47%) are trading higher.

BSE IT index dropped 9.88 points to trade at 4,965.62 as Wipro (1.06%), TCS (0.44%) and Infosys (0.43%) are trading in negative while HCL (0.56%) and Satyam (0.48%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have cautious opening as the Asian market is trading weak and US market closed in red territory. On Tuesday, the Indian markets closed in positive, as BSE Sensex closed higher by 47.54 points at 14,130.95 while Nifty closed marginally up by 9.6 points at 4,155.20. We expect the market to remain choppy during the day.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) soared down by 129.95 points to close at 13,295.01. The S&P 500 (SPX) index closed lower by 16.12 points at 1,493 and NASDAQ Composite (RIXF) declined by 22.38 points to close at 2,549.77.

Indian ADRs closed in negative. In technology sector, Satyam declined by (2.62%) along with Patni computers, Infosys and Wipro by (1.88%), (1.78%) and (1.69%) respectively. ICICI bank grew by (0.96%) while HDFC bank slipped by (2.14%). VSNL and MTNL slipped by (3.19%) and (1.32%) respectively. In automobile sector, Tata Motors fell by (1.66%). In health care sector, Dr Reddy''s lab closed lower by (1.70%).

The major stock markets in Asia are trading weak The Nikkei 225 index declined drastically by 114.10 points to trade at 17,646.81. Hang Seng fell by 77.44 points to trade at 20,558.95. Straits Times slipped by 7.12 points to trade at 3,554.42. Taiex trading flat at 8,372.07.

Today, Nifty has support at 4,085 and resistance at 4,205 and BSE Sensex has support at 13,910 and resistance at 14,250.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed up by 47.54 points at 14,130.95 while Nifty closed higher by 9.6 points at 4,155.20. Of the 2,581 stocks actively traded on BSE, 824 stocks advanced while 1,677 stocks declined. The BSE Mid cap and Small cap closed lower by 45.08 points and 91.13 points at 6,084.40 and 7,228.88 respectively.

BSE Capital goods index closed marginally lower by 6.68 points at 10,856.32 as Siemens (1.45%) and Punj Lloyd (1.53%) closed in red while L&T (0.85%), ABB (0.55%) and BHEL (0.19%) closed in green.

BSE bank index closed higher by 25.97 points at 7,453.52 as UTI Bank (4.13%) and ICICI bank (1.90%) closed in green while BOI (4.24%), PNB (2.55%), HDFC bank (1.09%) and SBI (0.59%) closed in red.

BSE Auto Index closed lower by 57.67 points at 4,646.26 as M&M (3.27%), Maruti Udyog (1.98%), Tata motors (1.60%) and Bajaj Auto (0.62%) closed in red while Hero Honda (0.96%) closed higher.

BSE Metal index closed at 10,359.92 surged by 101.18 points as Tata Steel (4.03%) and SAIL (2.96%) closed in green while Hindalco (1.03%) and Nalco (0.47%) closed in red.

BSE IT index closed lower by 39.60 points at 4,975.50 as Satyam computers (3.78%), HCL Tech (1.92%), Patni computers (1.31%) and Wipro (0.61%) closed in red while Infosys (0.34%) closed in green.

BSE Health Care Index closed at 3,739.84 fell by 11.80 points as Dr. Reddy lab (2.25%), Cipla (1.40%), Ranbaxy labs (0.30%) and Sun pharma (0.25%) closed lower.

BSE FMCG index closed marginally up by 0.13 points at 1,790.06 as Dabur (1.37%) and HLL (0.69%) closed in green while ITC (0.10%) closed in red.

BSE oil & gas index closed higher by 76.74 points at 7,490.71 as BPCL (2.40%), IPCL (1.19%) and HPCL (1.17%) closed in green

Mid Day Market Commentary

The market is trade flat with negative bias. The IT scrips are facing the selling pressures as the Indian rupee become stronger as compared to the dollar due to the foreign funds entry into the India''s largest ever IPO of DLF. The overall market breadth is negative as 795 stocks are advancing while 1458 stocks are declining and 72 stocks remained unchanged on BSE.

At 12.32 pm, BSE sensex was at 14,066.21 down by 17.20 points and Nifty was at 4,137.70 down by 7.9 points. The BSE mid cap is lower by 27.70 points at 6,101.78 and small cap dropped by 50.52 points to 7,269.49.

BSE Metal index inclined 6.78 points to trade at 10,265.52 as Tat Steel (1.96%), NALCO (0.33%) and SAIL (0.31%) are trading higher while Hindalco (1.49%) is trading lower.

BSE FMCG index advanced 2.70 points to trade at 1,792.89 as HLL (1.71%), ITC (0.75%) and Dabur (0.41%) are trading in green.

BSE IT index dropped 45.61 points to trade at 4,969.49 as Satyam (3.26%), HCL (1.69%), TCS (0.77%) and Wipro (0.74%) are trading lower.

BSE Auto index declined 27.45 points to trade at 4,676.48 as M&M (1.82%), Bajaj Auto (0.82%), and Tata Motors (0.50%) are trading in negative while Hero Honda (0.63%) is trading in positive.

BSE Capital goods index slipped 18.95 points to 10,844.05 as ABB (0.43%), BHEL (0.11%) and Siemens (0.06%) are trading in red while L&T (0.44%) is trading in green.

BSE Health Care index declined 11.64 points to trade at 3,740 as Dr. Reddy (1.66%) and Sun Pharma (0.82%) are trading in negative while GSK (1.08%) and Ranbaxy (0.24%) are trading in positive.

BSE Oil & Gas index was trading 9.09 points down at 7,404.88 as GAIL (2.62%) and RPL (0.42%) are trading in red while IPCL (0.40%), ONGC (0.25%) and HPCL (0.22%) are trading in green.

BSE Banks index is trading lower 5.84 points to trade at 7,421.71 as PNB (2.51%) is trading lower while ICICI Bank (0.34%), HDFC Bank (0.24%) and SBI (0.24%) are trading higher.

Pre Open Market Commentary

Indian market is likely to have flat opening as the Asian is trading mixed and US market closed flat. On Monday, the Indian markets closed little higher, as BSE Sensex closed marginally up by 19.60 points at 14,083.41 while Nifty closed a little high by 0.60 points at 4,145.60. We expect the market to remain range bound during the day.

Monday, the US markets closed in mixed. The Dow Jones Industrial Average (DJI) closed flat at 13,424.96. The S&P 500 (SPX) index closed marginally up by 1.45 points at 1,509.12 and NASDAQ Composite (RIXF) closed lower by 1.39 points at 2,572.15.

Indian ADRs ended mixed. In technology sector, Infosys surged by (3.90%) while Patni computers and Wipro declined by (1.56%)and (0.68%) respectively. HDFC bank and ICICI bank grew by (0.35%) and (0.13%) respectively. VSNL grew by (3.11%) while MTNL declined by (1.68%). In automobile sector, Tata Motors fell by (1.21%). In health care sector, Dr Reddy''s lab closed lower by (0.46%).

The major stock markets in Asia are trading mixed. The Nikkei 225 index declined by 64.63 points to trade at 17,769.85. Hang Seng grew by 47.47 points to trade at 20,662.96. Straits Times advanced by 12.80 points to trade at 3,558.26. Taiex trading marginally higher by 7.37 points at 8,346.25.

Today, Nifty has support at 4,090 and resistance at 4,200 and BSE Sensex has support at 13,920 and resistance at 14,270.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew marginally by 19.60 points to close at 14,083.41 while Nifty closed up by 0.60 points at 4,145.60 by almost pairing the early gains. Of the 2,621 stocks actively traded on BSE, 1,371 stocks declined while 1,164 stocks advanced. The BSE Mid cap and Small cap closed lower by 26.74 points and 22.58 points at 6,129.48 and 7,320.01 respectively.

BSE Capital goods index closed up by 21.63 points at 10,863 as BHEL (0.38%), Siemens (0.21%) and L&T (0.30%) closed higher while ABB (0.41%)closed lower.

BSE bank index closed lower by 13.70 points at 7,427.55 as BOI (0.93%), ICICI bank (0.19%) and SBI (1.25%) closed in red while PNB (1.41%) and HDFC bank (0.73%) closed in green.

BSE Auto Index closed marginally up by 3.22 points at 4,703.93 as Hero Honda (3.24%) closed higher while Maruti Udyog (0.37%), Tata motors (0.28%) and M&M (0.22%) closed in red.

BSE Metal index closed at 10,258.74 grew by 16.02 points as Hindalco (2.06%) and SAIL (1.52%) closed higher while Nalco (1.04%) and Tata Steel (1%) and closed in red.

BSE IT index closed higher by 28.29 points at 5,015.10 as Infosys (1.49%) and Satyam computers (0.38%) closed in green while Patni computers (3.03%), Wipro (0.97%) and HCL Tech (0.92%) closed in red.

BSE Health Care Index closed at 3,751.64 fell by 10.49 points as Dr. Reddy lab (1%), Sun pharma (0.25%) and Cipla (0.19%) closed higher while Ranbaxy labs (0.37%) closed lower.

BSE FMCG index closed up by 11.09 points at 1,790.19 as Dabur (0.86%) and HLL (0.55%) closed in red while ITC (2.12%) closed in green.

BSE oil & gas index closed higher by 41.92 points at 7,413.97 as GAIL (5.47%), HPCL (4.21%) and IPCL by (0.51%) closed in green while BPCL (1.99%), Reliance petroleum (1.59%) and ONGC (0.42%) closed in red.

Mid Day Market Commentary

The market is trading firm and is enjoying at higher level as some buying continued in the selective index pivotal. The market that was waiting for the mega IPO of DLF has finally opened for subscription today. The reports came out that the company has received good response. The overall market breadth is strong as 1504 stocks are advancing while 773 stocks are declining and 76 stocks remained unchanged on BSE.

At 12.32 pm, BSE sensex was at 14,223.12 up by 159.31 points and Nifty was at 4,191.45 up by 46.45 points. The BSE mid cap is higher by 43.72 points at 6,199.94 and small cap advanced by 65.62 points to 7,408.21.

BSE Oil & Gas index was trading 87.71 points up at 7,459.76 as HPCL (3.73%), BPCL (2.93%), GAIL (2.27%), IPCL (0.88%) and ONGC (0.66%) are trading in green.

BSE IT index advanced 78.11 points to trade at 5,064.92 as Satyam (2.73%), HCL (2.26%), Infosys (1.87%), Wipro (0.91%) and TCS (0.89%) are trading higher.

BSE Capital goods index surged 69.24 points to 10,910.61 as BHEL (1.06%), L&T (0.68%) and Siemens (0.13%) are trading in green.

BSE Banks index is trading higher 40.23 points to trade at 7,481.48 as HDFC Bank (2.56%), SBI (0.40%) and ICICI Bank (0.34%) are trading higher while PNB (0.32%) is trading lower.

BSE Health Care index grew 34.50 points to trade at 3,775.65 as Cipla (1.49%), Ranbaxy (1.24%), GSK (0.89%), Dr. Reddy (0.70%) and Sun Pharma (0.30%) are trading in positive.

BSE FMCG index advanced 29.99 points to trade at 1,809.09 as ITC (3.32%), HLL (1.03%) and Dabur (0.71%) are trading in green.

BSE Metal index inclined 29.21 points to trade at 10,271.93 as Hindalco (2.28%), SAIL (1.64%) and Tata steel (0.08%) are trading higher while NALCO (0.33%) is trading lower.

BSE Auto index inclined 14.83 points to trade at 4,715.54 as Hero Honda (1.52%), Tata Motors (0.20%), Bajaj Auto (0.20%) and M&M (0.18%) are trading in positive while Maruti Udyog (0.58%) is trading in negative.

Pre Open Market Commentary

Indian market is likely to have positive opening on the back of positive cues from global indices. On Friday, the Indian markets closed in red zone, as BSE Sensex declined by 122.37 points to close at 14,063.81 while Nifty fell by 34.5 points to close at 4,145. We expect the market to remain optimism during the day.

Friday, the US markets closed in green. The Dow Jones Industrial Average (DJI) closed higher by 157.66 points at 13,424.39. The S&P 500 (SPX) index grew by 16.95 points to close at 1,507.67 and NASDAQ Composite (RIXF) closed at 2,573.54 up by 32.16 points.

Indian ADRs ended mixed. In technology sector, Infosys surged by (4.70%) along with Satyam by (3.99%), Wipro by (3.27%) and Patni computers by (2.43%). HDFC bank and ICICI bank grew by (2.36%) and (1.91%) respectively. MTNL grew by (1.31%) while VSNL slipped by (1.07%). In automobile sector, Tata Motors declined by (0.24%). In health care sector, Dr Reddy''s lab closed lower by (0.71%).The major stock markets in Asia are trading higher.

The Nikkei 225 gained 84.15 points to trade at 17,863.24. Hang Seng advanced by 155.02 points to trade at 20,664.17. Straits Times grew by 43.62 points to trade at 3,535.21. Taiex trading higher by 54.96 points at 8,355.67.

Today, Nifty has support at 4,110 and resistance at 4,220 and BSE Sensex has support at 13,960 and resistance at 14,305.

Post Session market Commentary

The BSE Sensex ended the session on a negative note as it fell by 122.37 points to close at 14,063.81 while Nifty closed at 4,145 declined by 34.5 points. Of the 2,495 stocks actively traded on BSE, 1,462 stocks declined while 959 stocks advanced. The BSE Mid cap and Small cap closed lower by 31.75 points and 48.43 points at 6,156.22 and 7,342.59 respectively.

BSE Capital goods index soared down by 117.04 points to close at 10,841.37 as BHEL (1.92%), Siemens (1.15%), L&T (0.66%) and ABB (0.52%)closed in negative.

BSE bank index closed lower by 70.84 points at 7,441.25 as BOI (1.75%), HDFC bank (1.67%), PNB (0.95%), ICICI bank (0.59%) and SBI (0.27%) closed in red.

BSE Auto Index declined by 111.37 points to close at 4,700.71 as Bajaj Auto (1.63%), Hero Honda (2.37%), Maruti Udyog (3.16%), Tata motors (3.50%) and M&M (2.68%) closed in red.

BSE Metal index closed at 10,242.72 fell by 184.33 points as Tata Steel (4.76%) and SAIL (4.07%) closed in red while Hindalco (2.97%) and Nalco (0.31%) closed in green.

BSE IT index closed higher by 29.24 points at 4,986.81 as Satyam (2.95%), TCS (1.20%), Wipro (0.42%), and HCL Tech (0.75%) closed higher while Patni computers (1.10%) and Infosys (0.18%) closed lower.

BSE Health Care Index closed at 3,741.15 fell by 30.74 points as Dr. Reddy lab (2.30%), Ranbaxy labs (2.55%), Sun pharma (0.89%) and Cipla (0.31%) closed in red.

BSE FMCG index slipped by 32.50 points to close at 1,779.10 as ITC (2.81%), HLL (1.07%) and Dabur (0.75%) closed in red.

BSE oil & gas index closed lower by 21.06 points at 7,372.05 as HPCL (3.48%), BPCL (3.90%), Reliance petroleum (0.46%) and IPCL by (0.27%) closed in red while ONGC (1.18%) and GAIL (0.72%) closed in green

Mid Day Market Commentary

The BSE Sensex continued to trade in the negative territory after paring most of the session''s losses. The selling continued in the selective index pivotal. The overall market breadth is negative as 992 stocks are advancing while 1166 stocks are declining and 62 stocks remained unchanged on BSE.

At 12.32 pm, BSE sensex was at 14,137.10 down by 49.08 points and Nifty was at 4,165.85 down by 13.65 points. The BSE mid cap is lower by 7.45 points at 6,180.52 and small cap dropped by 2.86 points to 7,388.16.

BSE IT index advanced 49.26 points to trade at 5,006.83 as Satyam (2.47%), Infosys (0.76%), TCS (0.75%), Wipro (0.62%) and HCL (0.10%) are trading in green.

BSE Oil & Gas index was trading 1.59 points up at 7,394.70 as ONGC (1.87%) is trading in green whereas BPCL (3.36%), HPCL (2.15%), IPCL (1.07%), GAIL (0.81%) and RPL (0.31%) are trading in red.

BSE Metal index dropped 135.59 points to trade at 10,291.46 as Tata Steel (3.65%) and SAIL (1.92%) are trading lower while Hindalco (2.32%) and NALCO (0.06%) are trading higher.

BSE Auto index dropped 52.56 points to trade at 4,759.52 as Hero Honda (2.95%), Maruti Udyog (2.23%), M&M (1.80%), Tata Motors (1.64%) and Bajaj auto (1.02%) are trading in negative.

BSE Health Care index slipped 35.27 points to trade at 3,736.62 as Ranbaxy (2.81%), Dr. Reddy (1.53%), GSK (1.42%), Cipla (0.57%) and Sun Pharma (0.51%/) are trading in negative.

BSE Capital goods index declined 30.66 points to 10,927.75 as BHEL (1.66%), Siemens (0.98%) and ABB (0.83%) are trading in red while L&T (0.79%) is trading in green.

BSE FMCG index declined 21.78 points to trade at 1,789.82 as ITC (2%), Dabur (1.75%) and HLL (0.60%) are trading in red.

BSE Banks index slipped 17.73 points to trade at 7,494.36 as HDFC Bank (1.38%) and PNB (1.16%) are trading lower while SBI (0.91%) and ICICI Bank (0.31%) are trading higher.

Pre Open Market Commentary

Indian market is likely to have flat opening on the back of weak global cues. On Thursday, the Indian markets closed in red territory, as BSE Sensex closed lower by 69.75 points at 14,186.18 while Nifty fell by 18.75 points to close at 4,179.50. We expect the market to trade on the back foot.

Thursday, the US markets closed in red zone. The Dow Jones Industrial Average (DJI) closed in red at 13,266.73 down by 198.94. The S&P 500 (SPX) index declined by 26.66 points to close at 1,490.72 and NASDAQ Composite (RIXF) closed lower at 2,541.38 slipped by 45.80 points.

Indian ADRs ended mixed. In technology sector, Wipro declined by (2.81%) and Infosys down by (2.30%) while Patni computers and Satyam closed higher by (1.65%) and (0.24%) respectively. HDFC bank and ICICI bank declined by (3.21%) and (1.75%) respectively. VSNL and MTNL dropped by (2.18%) and (1.55%) respectively. In automobile sector, Tata Motors slipped by (1.90%). In health care sector, Dr Reddy''s lab closed lower by (2.40%).

The major stock markets in Asia are trading in red. The Nikkei 225 tumbled by 296.59 points to trade at 17,756.79. Hang Seng declined by 268.31 points to trade at 20,531.85. Straits Times fell by 47.32 points to trade at 3,499.01. Taiex trading lower by 60.98 points at 8,294.28.

Today, Nifty has support at 4,095 and resistance at 4,215 and BSE Sensex has support at 13,930 and resistance at 14,315.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it fell by 69.75 points to close at 14,186.18 while Nifty closed at 4,179.50 down by 18.75 points. Of the 2,574 stocks actively traded on BSE, 1,456 stocks declined while 1,044 stocks advanced. The BSE Mid cap and Small cap closed marginally higher by 6.06 points and 1.26 points at 6,187.97 and 7,391.02 respectively.

BSE Capital goods index drifted lower by 22.60 points to close at 10,958.41 as Siemens (1.80%), L&T (1.19%), ABB (0.44%) and BHEL (0.15%) closed in negative.

BSE Bank index closed lower by 82.86 points at 7,512.09 as BOI (2.43%), SBI (2%), HDFC bank (1.53%), PNB (0.80%) and ICICI bank (0.22%) closed in red.

BSE Auto Index closed lower by 56.36 points at 4,812.08 as Bajaj Auto (2.84%), Hero Honda (2.30%), Maruti Udyog (2.10%), Tata motors (1.41%) and M&M (0.80%) closed in red.

BSE Metal index closed at 10,427.05 up by 12.58 points as Hindalco (2.96%) and Nalco (0.82%) closed in green while SAIL (1.70%) and Tata Steel (0.46%) closed in red.

BSE IT index closed higher by 84.93 points at 4,957.57 as Satyam (3.40%), Wipro (2.52%), HCL Tech (2.41%), Infosys (0.80%) and TCS (0.60%) closed in green.

BSE Health Care Index closed at 3,771.89 fell by 13.52 points as Sun pharma (1.58%), Dr. Reddy lab (0.58%), Ranbaxy labs (0.50%) and Cipla (0.38%) closed in red.

BSE FMCG index slipped by 30.60 points to close at 1,811.60 as ITC (2.08%), HLL (1.95%) and Dabur (1.04%) closed in red.

BSE oil & gas index soared down by 75.72 points to close at 7,393.11 as HPCL (1.99%), ONGC (1.11%), IPCL by (1.03%) and Reliance petroleum (0.41%) closed in red while BPCL (1.23%) and GAIL (0.14%) closed in green.

Mid Day market Commentary

The BSE Sensex is trading in the negative territory after paring the session''s gain. The selling continued in the index pivotal led by banking and auto sector. The overall market breadth is positive as 1162 stocks are advancing while 1093 stocks are declining and 74 stocks remained unchanged on BSE.

At 12.32 pm, BSE sensex was at 14,242.45 down by 13.48 points and Nifty was at 4,196.55 down by 1.7 points. The BSE mid cap is lower by 1.49 points at 6,180.42 while small cap advanced by 1.65 points to 7,391.41.

BSE Capital goods index inclined 25.71 points to 11,006.72 as BHEL (0.64%) and L&T (0.26%) are trading in green while Siemens (1.08%) and ABB (0.42%) are trading in red.

BSE IT index advanced 78.83 points to trade at 4,951.47 as Satyam (3.14%), HCL (2.09%), Wipro (1.77%), Infosys (1.53%) and TCS (0.80%) are trading in green.

BSE Metal index inclined 36.65 points to trade at 10,451.12 as Hindalco (2.52%), NALCO (1.32%) and Tata Steel (0.30%) are trading higher while SAIL (1.59%) is trading lower.

BSE Oil & Gas index was trading 9.16 points up at 7,477.69 as HPCL (0.56%), RPL (0.41%), BPCL (0.31%) and IPCL (0.16%) are trading in green.

BSE Health Care index grew 3.67 points to trade at 3,789.08 as Cipla (1.03%) is trading in positive while Sun Pharma (0.91%), Ranbaxy (0.51%) and Dr. Reddy (0.08%) are trading in negative.

BSE Auto index dropped 13.71 points to trade at 4,854.73 as Hero Honda (2.77%), Tata Motors (0.89%), Bajaj Auto (0.71%) and M&M (0.09%) are trading in negative.

BSE FMCG index declined 12.17 points to trade at 1,830.03 as Dabur (2.13%), HLL (1.43%) and ITC (0.92%) are trading in red.

BSE Banks index slipped 11.29 points to trade at 7,583.56 as PNB (0.68%), HDFC Bank (0.59%) and SBI (0.40%) are trading lower while ICICI Bank (0.31%) is trading higher.

Pre Open Market Commentary

Indian market is likely to have negative opening on the back of weak global cues. On Wednesday, the Indian markets closed in red zone, as BSE Sensex closed lower by 279.08 points at 14,255.93 while Nifty fell by 86.4 points to close at 4,198.25. We expect the market to remain cautious during the day.

Wednesday, the US markets closed in red zone. The Dow Jones Industrial Average (DJI) closed lower by 129.79 points at 13,465.67. The S&P 500 (SPX) index declined by 13.57 points to close at 1,517.38 and NASDAQ Composite (RIXF) closed in negative at 2,587.18 down by 24.05 points.

Indian ADRs ended in red territory. In technology sector, Patni computers declined by 1.99% along with Infosys by (1.99%), Satyam by (0.93%) and Wipro by (0.19%). In banking sector, HDFC bank and ICICI bank declined by (4.75%) and (2.42%) respectively. MTNL and VSNL dropped by (3.73%) and (2.05%) respectively. In automobile sector, Tata Motors slipped by (4.70%). In health care sector, Dr Reddy''s lab closed lower by (1%).

The major stock markets in Asia are trading in red. The Nikkei 225 declined by 141.86 points to trade at 17,899.07. Hang Seng declined by 180.57 points to trade at 20,638.04. Straits Times slipped by 17.53 points to trade at 3,546.22. Taiex trading up by 3.70 points at 8,318.38.

Today, Nifty has support at 4,108 and resistance at 4,238 and BSE Sensex has support at 13,950 and resistance at 14,320.

Post Session Market Commentary

The BSE Sensex ended the session on a negative zone as it declined drastically by 279.08 points to close at 14,255.93 while Nifty closed at 4,198.25 dropped by 86.4 points. Of the 2,615 stocks actively traded on BSE, 1,707 stocks declined while 841 stocks advanced. The BSE Mid cap and Small cap closed lower by 79.11 points and 96.91 points at 6,181.91 and 7,389.76 respectively.

BSE Capital goods index drifted lower by 173.26 points to close at 10,981.01 as BHEL (3.09%), ABB (1.52%), L&T (1.31%) and Siemens (0.45%) closed in negative.

BSE bank index closed lower by 229.12 points at 7,594.85 as PNB (5.14%), SBI (3.35%), IDBI bank (3.27%), ICICI bank (3.02%) and HDFC bank (2.83%) closed in red closed in red.

BSE Metal index closed at 10,414.47 slipped by 234.36 points as SAIL (4.67%) and Tata Steel (3.66%) closed in red while Hindalco (1.88%) closed in green.

BSE IT index closed in negative at 4,872.64 down by 12.29 points as HCL Tech (0.78%), TCS (0.71%), Wipro (0.59%) and Infosys (0.15%) closed in red while Satyam (0.43%) closed in green.

BSE Auto Index closed lower by 91.81 points at 4,868.44 as Tata motors (3.37%), Maruti Udyog (2.84%), Bajaj Auto (1.37%), M&M (0.90%) and Hero Honda (0.31%) closed in red.

BSE Health Care Index closed at 3,785.41 fell by 62.58 points as Ranbaxy labs (3.07%), Glaxosmithkline (1.71%), Sun pharma (1.62%), Cipla (1.27%) and Dr. Reddy lab by (0.76%) closed lower.

BSE FMCG index slipped by 27.67 points to close at 1,842.20 as ITC (2.13%), Dabur (0.74%) and HLL (0.15%) closed in red.

BSE oil & gas index soared down by 243.55 points to close at 7,468.53 as GAIL (3.53%), ONGC (3.30%), Reliance petroleum (3.10%) and BPCL (2.60%) closed in red.

Mid Day Market Commentary

The BSE Sensex remains range bound and trading flat. The overall market breadth is positive as 1351 stocks are advancing while 932 stocks are declining and 69 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,532.01 down by 3 points and Nifty was at 4,274.35 down by 10.3 points. The BSE mid cap is higher by 49.87 points at 6,310.89 while small cap advanced by 54.39 points to 7,541.06.

BSE Capital goods index inclined 78.35 points to 11,232.62 as L&T (1.29%) and Siemens (0.27%) are trading in green while BHEL (0.75%) and ABB (0.46%) are trading in red.

BSE IT index advanced 59.36 points to trade at 4,944.29 as Satyam (2.02%), Infosys (1.24%), Wipro (0.72%) and TCS (0.58%) are trading in green.

BSE FMCG index inclined 1.34 points to trade at 1,871.21 as HLL (0.46%) is trading in green while ITC (0.56%) and Dabur (0.54%) are trading in red.

BSE Oil & Gas index was trading 38.89 points down at 7,673.19 as BPCL (1.14%), GAIL (0.96%), ONGC (0.81%) and IPCL (0.55%) are trading in red.

BSE Metal index declined 37.89 points to trade at 10,610.94 as SAIL (2.52%), Tata Steel (0.64%) and NALCO (0.10%) are trading lower while Hindalco (0.58%) is trading higher.

BSE Banks index slipped 29.78 points to trade at 7,794.19 as PNB (1.67%), HDFC Bank (1.26%) and ICICI Bank (0.67%) are trading lower while SBI (0.53%) is trading higher.

BSE Auto index dropped 19.14 points to trade at 4,941.11 as Tata Motors (2.06%), Maruti Udyog (0.89%), Hero Honda (0.29%) and M&M (0.07%) are trading in negative.

BSE Health Care index slipped 6.21 points to trade at 3841.78 as Sun Pharma (0.89%), Dr. Reddy (0.53%), are trading in red.

Pre Open Market Commentary

Indian market is likely to have a flat opening, as the Asian market is trading mixed and US market closed in red zone. On Tuesday, the Indian markets closed in green, as BSE Sensex closed higher by 39.24 points at 14,535.01 while Nifty grew by 17.6 points to close at 4,281.20. We expect the market to remain cautious during the day.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) closed lower by 80.86 points at 13,595.46. The S&P 500 (SPX) index declined by 8.23 points to trade at 1,530.95 while the NASDAQ Composite (RIXF) closed in negative at 2,611.23 down by 7.06 points.

Indian ADRs ended mixed. In technology sector, Infosys and Wipro gained (0.57%) and (0.50%) respectively while Satyam declined by (1.39%). In banking sector, HDFC bank grew by (0.61%) whereas ICICI bank fell by (1.05%). VSNL grew by (0.99%). In automobile sector, Tata Motors closed lower by (1.29%). In health care sector, Dr Reddy''s lab slipped by (0.25%).

The major stock markets in Asia are trading mixed. The Nikkei 225 is trading lower by 16.50 points at 18,037.31. Hang Seng trading higher by 33.63 points to close at 20,875.78. Straits Times slipped by 7.04 points to trade at 3,565.86. Taiex trading up by 62.63 points at 8,366.62.

Today, Nifty has support at 4,215 and resistance at 4,320 and BSE Sensex has support at 14,340 and resistance at 14,625.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew by 39.24 points to close at 14,535.01 while Nifty closed at 4,281.20 up by 17.6 points. Of the 2,677 stocks actively traded on BSE, 1,325 stocks advanced while 1,279 stocks declined. The BSE Mid cap and Small cap closed higher by 27.44 points and 19.90 points at 6,261.02 and 7,486.67 respectively.

BSE Capital goods index closed higher by 51.40 points at 11,154.27 as BHEL (0.78%) closed in positive while L&T (1.26%), ABB (0.73%) and Siemens (0.19%) closed in negative.

BSE bank index closed higher by 82.41 points at 7,823.97 as IDBI bank (5.58%), SBI (2.10%), PNB (0.87%) and ICICI bank (0.63%) closed in green while HDFC bank (0.46%) closed in red.

BSE Metal index closed at 10,648.83 advanced by 14.66 points as Tata Steel (0.68%) and SAIL (0.14%) closed higher while Hindalco (0.41%) closed lower.

BSE IT index closed at 4,884.93 inclined by 38.43 points as Infosys (1.32%), Wipro (0.22%) and HCL Tech (0.10%) closed in green while Satyam (0.86%) and TCS (0.08%) closed in red.

BSE Auto Index closed in positive at 4,960.25 up by 11.88 points as Bajaj Auto (1.35%), Hero Honda (0.48%) and M&M (0.23%) closed in green while Maruti Udyog (0.82%) closed in red.

BSE Health Care Index closed marginally up by 7.40 points at 3,847.99 as Ranbaxy labs (1.12%) and Sun pharma (0.97%) closed higher while Glaxosmithkline (1%) and Cipla (0.78%) closed lower.

BSE FMCG index closed at 1,869.87 down by 24.04 points as ITC (1.79%) and HLL (0.46%) closed in red while Dabur (0.69%) closed in green.

BSE oil & gas index closed higher by 20.94 points at 7,712.08 as Reliance petroleum (4.36%) and GAIL (1.22%) closed higher while HPCL (3.03%), BPCL (1.65%) and ONGC (0.74%) closed lower.

Mid Day Market Commentary

The market has now moved up a bit and is trading higher with marginal gains as some buying is seen in the selective scrips. The overall market breadth is negative as 1137 stocks are advancing while 1181 stocks are declining and 92 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,504.37 up by 8.60 points and Nifty was at 4,275.40 up by 8.35 points. The BSE mid cap is lower by 0.31 points at 6,233.27 while small cap advanced by 20.84 points to 7,487.61.

BSE Metal index inclined 29.86 points to trade at 10,664.03 as Tata Steel (1.08%), Hindalco (0.82%), NALCO (0.80%) and SAIL (0.32%) are trading higher.

BSE IT index advanced 15.76 points to trade at 4,862.26 as Wipro (1%), Infosys (0.77%), TCS (0.46%) and Satyam (0.18%) are trading in green.

BSE Banks index advanced 14.64 points to trade at 7,756.20 as PNB Bank (0.86%), ICICI Bank (0.71%) and SBI (0.39%) are trading higher.

BSE Auto index advanced 12.81 points to trade at 4,961.18 as Tata Motors (0.87%), Bajaj Auto (0.52%) and M&M (0.42%) are trading in positive while Hero Honda (0.08%) and Maruti Udyog (0.07%) are trading in negative.

BSE FMCG index declined 16.98 points to trade at 1,876.93 as ITC (1.43%) is trading in red while HLL (0.82%) and Dabur (0.40%) are trading in green.

BSE Oil & Gas index was trading 7.35 points down at 7,683.79 as BPCL (1.81%), HPCL (1.72%), IPCL (0.94%) and ONGC (0.23%) are trading in red.

BSE Capital goods index declined 3.93 points to 11,198.94 as L&T (0.87%) and Siemens (0.67%) are trading in red while BHEL (1.36%) and ABB (0.30%) are trading in green.

BSE Health Care index slipped 2.63 points to trade at 3,837.96 as GSK (1.4%) and Cipla (0.02%) are trading in negative while Sun Pharma (2.02%) and Ranbaxy (0.14%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have a flat opening, as the Asian market is trading mixed and US market closed marginally higher. On Monday, the Indian markets closed in negative, as BSE Sensex closed lower by 74.98 points at 14,495.77 while Nifty fell by 30 points to close at 4,267.05. We expect the market to remain choppy during the day.

Monday, the US markets closed in green. The Dow Jones Industrial Average (DJI) closed marginally up by 8.21 points at 13,676.32. The S&P 500 (SPX) index closed bit higher by 2.84 points at 1,539.18 while the NASDAQ Composite (RIXF) closed in positive at 2,618.29 up by 4.37 points.

Indian ADRs ended mixed. In technology sector, Wipro declined by (2.08%) along with Infosys by (1.67%), Satyam by (1.22%) and Patni computers by (0.93%). In banking sector, ICICI bank fell by (0.16%) while HDFC bank rose by (0.65%). MTNL dropped by (1.11%) while VSNL grew by (2.12%). In automobile sector, Tata Motors closed lower by (2.77%). In health care sector, Dr Reddy''s lab closed higher by (0.50%).

The major stock markets in Asia are trading mixed. The Nikkei 225 is trading up by 90.57 points at 18,063.99. Hang Seng trading higher by 66.44 points to close at 20,796.03. Straits Times trading flat. Taiex trading marginally up by 1.68 points at 8,296.47.

Today, Nifty has support at 4,210 and resistance at 4,295 and BSE Sensex has support at 14,350 and resistance at 14,620.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it fell by 74.98 points to close at 14,495.77 while Nifty closed at 4,267.05 down by 30 points. Of the 2,654 stocks actively traded on BSE, 1,385 stocks declined while 1,184 stocks advanced. The BSE Mid cap and Small cap closed lower by 30.70 points and 7.10 points at 6,233.58 and 7,466.77 respectively.

BSE Capital goods index closed lower by 138.89 points at 11,102.87 as BHEL (3.01%) and L&T (1.65%) closed in negative while Siemens (1.20%) and ABB (0.52%) closed in positive.

BSE bank index closed higher by 58.92 points at 7,741.56 as SBI (2.07%), HDFC bank (1.05%), IDBI bank (0.87%), BOI (0.85%) and ICICI bank (0.58%) closed in green.

BSE Metal index closed at 10,634.17 surged by 166 points as Hindalco (3.97%) and Tata Steel (0.34%) closed higher.

BSE IT index closed at 4,846.50 declined by 61.88 points as Satyam (2.33%), Infosys (1.22%), Wipro (1.87%), HCL Tech (1.63%) and TCS (0.84%) closed in red.

BSE Auto Index closed in negative at 4,948.37 down by 81.83 points as Tata Motors (4.78%), Hero Honda (0.61%) and Maruti Udyog (0.55%) closed in red while M&M (1.48%) and Bajaj Auto (0.71%) closed in green.

BSE Health Care Index closed lower by 11.84 points at 3,840.59 as Cipla (2.99%) and Sun pharma (1.55%) closed lower while Glaxosmithkline (1.24%) and Dr. Reddy lab (0.96%) closed higher.

BSE FMCG index closed at 1,893.91 marginally up by 3.38 points as Dabur (3.27%), ITC (2.04%) closed in green while HLL (2.39%) closed in red.

BSE oil & gas index closed lower by 88.42 points at 7,691.14 as GAIL (4.87%), HPCL (3.40%), Reliance petroleum (1.62%), BPCL (1.14%) and ONGC (1.07%) closed in red.

Mid Day Market Commentary

The market is trading lower after positive opening as some selling is seen in the scrips led by Capital Goods, IT and Oil & Gas stocks. The overall market breadth is positive as 1179 stocks are advancing while 1173 stocks are declining and 89 stocks remained unchanged on BSE.

At 12.30 pm, BSE sensex was at 14,528.08 down by 42.67 points and Nifty was at 4,280.35 down by 16.7 points. The BSE mid cap is lower by 5.86 points at 6,258.42 while small cap advanced by 12.14 points to 7,486.01.

BSE Metal index inclined 228.12 points to trade at 10,696.29 as Hindalco (5.85%), SAIL (0.79%) and NALCO (0.22%) are trading higher.

BSE Banks index advanced 29.47 points to trade at 7,712.11 as HDFC Bank (0.91%), SBI (0.80%) and PNB (0.09%) are trading higher.

BSE FMCG index inclined 19.96 points to trade at 1,910.49 as ITC (2.05%) and Dabur (1.94%) are trading in green.

BSE Health Care index inclined 9.34 points to trade at 3,861.77 as Dr. Reddy (0.87%), Ranbaxy (0.55%) are trading in positive while Sun Pharma (1.42%) and GSK (0.23%) are trading in negative.

BSE Capital goods index declined 32.99 points to 11,208.77 as BHEL (2.03%), ABB (0.67%), and L&T (0.35%) are trading in red while Siemens (0.94%) is trading in green.

BSE IT index declined 23.39 points to trade at 4,885.09 as Satyam (1.61%), HCL (1.29%), Infosys (0.60%) and TCS (0.06%) are trading in red.

BSE Auto index slipped 20.24 points to trade at 5,009.96 as Tata Motors (3.34%), Bajaj Auto (0.90%) and Maruti Udyog (0.03%) are trading in negative while M&M (0.64%) is trading in positive.

BSE Oil & Gas index was trading 15.68 points down at 7,763.88 as GAIL (3.09%), RPL (1.41%), HPCL (1.17%), ONGC (0.7%) and IPCL (0.19%) are trading in red.