End Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed higher by 290.08 points at 15,550.99 Nifty increased by 88.8 points to close at 4528.85. Of the 2,717 stocks actively traded on BSE, 1,706 stocks advanced while 937 stocks declined. The BSE Mid cap and Small cap closed higher by 99.09 points and 128.88 points at 6,718.08 and 8,070.63 respectively.

BSE Auto Index increased by 8.36 points to close at 4,933.83 as Bajaj Auto (2.95%) closed in green while Mahindra and Mahindra (3.11%), Hero Honda (1.86%), Tata Motors (1.12%) and Maruti Udyog (0.50%) closed in red.

BSE Capital goods index grew by 622.81 points to close at 13,321.78 as ABB (6.96%), L&T (6.58%), BHEL (5.33%) and Siemens (1.56%) closed higher.

BSE bankex index closed higher by 93.54 points at 8,148.68 as HDFC bank (3.35%), SBI (2.88%), PNB (1.94%), Allahabad bank (0.90%) and ICICI bank (0.38%) closed higher.

BSE Metal index advanced by 249.65 points to close at 11,630.92 as Sterlite industries (6.54%), Hind Zinc (5.94%), SAIL (2.56%), Hindalco industries (2.38%), Tata steel (1.25%) and Nalco (0.98%) closed in green.

BSE IT index increased by 16.73 points to close at 4,862.52 as HCL tech (2.16%), TCS (1.82%), Satyam (0.90%) and Wipro (0.39%) closed in positive while Infosys (0.55%) closed in negative.

BSE Health Care Index grew by 35.79 points to close at 3,718.26 as Ranbaxy labs (3.50%), Glennmark (1%), Cipla (0.98%) and Sun pharma (0.35%) closed higher while Dr Reddy lab (0.38%) closed lower.

BSE FMCG index advanced by 27.90 points to close at 1,973.16 as Dabur (2.15%) and ITC (2.03%) closed higher while HUL (1.15%) closed lower.

BSE oil & gas index closed higher by 149.75 points at 8,130.50 as BPCL (5.51%), Reliance industries (2.41%) and IPCL (2.12%) closed in green while GAIL (1.39%) and HPCL (0.41%) closed in red.

Mid Market Commentary

The market has lost some gaining momentum and shed few points as selling emerged in the selective scrips led by Banking, Auto and IT stocks. The overall market breadth is positive as 1433 stocks are advancing while 979 stocks are declining and 71 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,297.14 up by 36.23 points while Nifty was at 4,452.35 up by 12.3 points. The BSE mid cap is higher by 19.68 points at 6,638.67 and small cap advanced by 50.74 points to 7,992.49.

BSE Capital goods index increased 153.69 points to 12,852.66 as ABB (2.06%), L&T (1.92%) and BHEL (1.82%) are trading in positive whereas Siemens (1.51%) is trading in negative.

BSE Metal index increased 110.25 points to trade at 11,491.52 as SAIL (1.37%), Hindalco Industries (1.20%), NALCO (1.17%) and Tata Steel (0.62%) are trading in green.

BSE FMCG index improved 31.12 points to trade at 1,976.38 as ITC (2.66%) and Dabur (0.39%) are trading in green while HUL (1.41%) is trading in red.

BSE Oil & Gas index was trading 15.80 points higher at 7,996.55 as BPCL (1.97%), RPL (0.91%), IPCL (0.27%) and ONGC (0.11%) are trading in positive.

BSE Health Care index grew 15.67 points to trade at 3,698.14 as Ranbaxy (1.86%) is trading higher while Sun Pharma (1.29%), GSK (1.04%) and Dr. Reddy (0.16%) are trading lower.

BSE Banks index is trading down by 72.53 points to trade at 7,982.61 as SBI (1.27%), PNB (0.79%), ICICI Bank (0.76%) and HDFC Bank (0.60%) are trading in negative.

BSE IT index decreased 15.91 points to trade at 4,829.88 as Infosys (1.21%), Wipro (1.01%) and TCS (0.18%) are trading in red while HCL Tech. (0.97%) and Satyam (0.84%) are trading in green.

BSE Auto index decreased 9.24 points to trade at 4,916.23 as M&M (3.2%), Tata Motors (2.55%), Maruti Udyog (2.01%) and Hero Honda (1.46%) are trading in red.

Pre Open Market Commentary

Indian market is likely to have a positive opening due to positive global cues. On Monday, the Indian markets ended mixed as BSE Sensex closed little higher by 26.34 points at 15,260.91 while Nifty decreased by 5.15 points to close at 4440.05. We expect the market to remain optimism during the trading session.

Monday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 92.84 points to close at 13,358.31. The S&P 500 (SPX) index closed higher by 14.96 points at 1,473.91 while the NASDAQ Composite (RIXF) grew by 21.04 points to close at 2,583.28.

Indian ADRs ended in green. In technology sector, Satyam computers grew by 2.91% along with Patni computers by 1.43%, Wipro by 1.42% and Infosys by 0.38%. In banking sector, ICICI bank and HDFC bank advanced by (4.21%) and (4.10%) respectively. MTNL and VSNL increased by (3.73%) and (1.26%) respectively.

The major stock markets in Asia are trading higher. Japan''s Nikkei trading higher by 38.20 points at 17,251.10. Hang Seng trading up by 230 points at 22,970.70. Taiwan weighted grew by 190.53 points to trade at 9,263.10. Straits Times advanced by 29.51 points to trade at 3,555.80.

Today, Nifty has support at 4,405 and resistance at 4,500 and BSE Sensex has support at 15,180 and resistance at 15,490.

End Session Market Commentary

BSE Sensex ended the session on a positive note as it closed marginally higher by 26.34 points at 15,260.91 while Nifty decreased by 5.15 points to close at 4440.05. Of the 2,660 stocks actively traded on BSE, 1,342 stocks advanced while 1258 stocks declined. The BSE Mid cap and Small cap closed higher by 20.67 points and 15.30 points at 6,618.99 and 7,941.75 respectively.

BSE Auto Index decreased by 18.03 points to close at 4,925.47 as Mahindra and Mahindra (3%) and Bajaj Auto (1.24%) closed lower while Maruti Udyog (2.13%), Tata Motors (1.04%) and Hero Honda (0.53%) closed higher.

BSE Capital goods index decreased by 49.80 points to close at 12,698.97 as Siemens (1.82%), BHEL (0.99%) and ABB (0.45%) closed in negative while L&T (0.83%) closed in positive.

BSE bankex index closed higher by 134.95 points at 8,055.14 as SBI (5.26%), Andhra bank (4.34%), ICICI bank (1.02%) and PNB (0.82%) closed higher while HDFC bank (0.59%) closed lower.

BSE Metal index slipped by 120.25 points to close at 11,381.27 as Nalco (7.67%), Hindalco industries (4.13%), SAIL (1.18%), Sterlite industries (0.94%) and Tata steel (0.66%) closed in red while Hind Zinc (0.75%) closed in green.

BSE IT index fell by 30.55 points to close at 4,845.79 as HCL tech (1.65%), TCS (1.32%) and Infosys (0.97%) closed in negative while Satyam (1.39%) closed in positive.

BSE Health Care Index decreased by8.89 points to close at 3,682.47 as Dr Reddy lab (1.08%) and Sun pharma (0.71%) closed in red while Ranbaxy labs (0.48%) and Cipla (0.16%) closed in green.

BSE FMCG index increased by 17.40 points to close at 1,945.26 as HUL (6.26%) and Dabur (1.74%) closed higher while ITC (2.62%) closed lower.

BSE oil & gas index closed lower by 35 points at 7,980.75 as BPCL (2.06%), IPCL (1.38%) and Reliance industries (1%) closed lower while GAIL (5.08%) and HPCL (0.59%) and closed higher.

Mid Market Commentary

The market has gained further momentum to trade in the positive territory as the selective buying of scrips continued in the market. The overall market breadth is positive as 1430 stocks are advancing while 944 stocks are declining and 59 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,349.94 up by 115.37 points while Nifty was at 4,469.10 up by 23.9 points. The BSE mid cap is higher by 41.91 points at 6,640.23 and small cap advanced by 59.67 points to 7,986.12.

BSE Banks index is trading up by 134.66 points to trade at 8,054.85 as SBI (4.8%), PNB (2.0%), HDFC Bank (1.71%) and ICICI Bank (1.31%) are trading in positive.

BSE Capital goods index increased 57.15 points to 12,805.92 as L&T (1.98%) is trading in positive whereas ABB (0.93%), Siemens (0.47%) and BHEL (0.12%) are trading in negative.

BSE Oil & Gas index was trading 26.87 points higher at 8,042.62 as BPCL (0.64%), GAIL (0.61%), HPCL (0.39%), IPCL (0.27%) and ONGC (0.11%) are trading in positive.

BSE FMCG index improved 21.93 points to trade at 1,949.79 as HUL (5.61%) and Dabur (0.99%) are trading in green while ITC (168%) are trading in red.

BSE Auto index increased 3.23 points to trade at 4,946.73 as Maruti Udyog (1.2%) and Tata Motors (0.43%) are trading in green whereas M&M (1.92%), Hero Honda (1.17%) and Bajaj Auto (0.22%) are trading in red.

BSE Health Care index grew 2.68 points to trade at 3,694.04 as Cipla (1.06%) and Ranbaxy (0.80%) are trading higher while Sun Pharma (0.96%), Dr. Reddy (0.78%) and GSK (0.26%) are trading lower.

BSE IT index decreased 29.15 points to trade at 4,847.19 as Infosys (1.2%), TCS (0.78%), HCL Tech. (0.64%) and Wipro (0.61%) are trading in red.

BSE Metal index decreased 6.01 points to trade at 11,495.51 as NALCO (2.82%), Hindalco Industries (1.73%) and SAIL (0.68%) are trading in red whereas Tata Steel (1.07%) is trading in green.

Pre Open Market Commentary

Indian market is likely to have a negative opening as the US market closed in red while the Asian market is trading mixed. On Friday, the Indian markets ended in deep red as BSE Sensex closed lower by 541.74 points at 15,234.57 while Nifty decreased by 174.6 points to close at 4,445.20. We expect the market to remain cautious during the trading session.

Friday, the US markets closed in red. The Dow Jones Industrial Average (DJI) decreased by 208.10 points to close at 13,265.47. The S&P 500 (SPX) index closed lower by 23.71 points at 1,458.95 while the NASDAQ Composite (RIXF) fell by 37.10 points to close at 2,562.24.

Indian ADRs ended in negative. In technology sector, Patni computers declined by (3.56%) along with Satyam by (1.51%), Wipro (0.87%) and Infosys (0.77%). In banking sector, ICICI bank and HDFC bank slipped by (2.52%) and (2.08%) respectively. MTNL and VSNL decreased by (4.11%) and (0.54%) respectively.

The major stock markets in Asia are trading mixed. Japan''s Nikkei trading lower by 172.64 points at 17,111.17. Hang Seng trading up by 15.23 points at 22,585.64. Taiwan weighted slipped by 59.97 points to trade at 9,102.31. Straits Times trading higher by 5.21 points at 3,497.91.

Today, Nifty has support at 4,382 and resistance at 4,495 and BSE Sensex has support at 15,040 and resistance at 15,380.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 541.74 points at 15,234.57 while Nifty decreased by 174.6 points to close at 4445.20. Of the 2,576 stocks actively traded on BSE, 1,951 stocks declined while 570 stocks advanced. The BSE Mid cap and Small cap closed lower by 192.18 points and 219.41 points at 6,598.32 and 7,926.45 respectively.

BSE Auto Index decreased by 152.94 points to close at 4,943.50 as Tata Motors (4.20%), Hero Honda (3.55%), Bajaj Auto (3.30%), Mahindra and Mahindra (3.08%) and Maruti Udyog (1.35%) closed in red.

BSE Capital goods index decreased by 498.26 points to close at 12,748.77 as BHEL (5.40%), ABB (4.87%), L&T (4.58%) and Siemens (3.16%) closed in negative.

BSE bankex index closed lower by 265.33 points at 7,920.19 as PNB (4.61%), HDFC bank (4.29%), Andhra bank (3.45%), ICICI bank (3.26%) and SBI (3.28%) closed lower.

BSE Metal index slipped by 638.19 points to close at 11,501.52 as Tata steel (7.37%), Hind Zinc (5.55%), Hindalco industries (5.27%), SAIL (4.85%), sterlite industries (4.80%) and Nalco (3.94%) closed in red.

BSE IT index fell by 124.90 points to close at 4,876.34 as HCL tech (4.62%) and Satyam (4.50%), Wipro (3.56%), TCS (2.73%) and Infosys (1.33%) closed lower.

BSE Health Care Index decreased by 97 points to close at 3,691.36 as Dr Reddy lab (3.50%), Sun pharma (2.86%) and Cipla (2.58%) closed in negative while Ranbaxy labs (0.40%) closed in positive.

BSE FMCG index slipped by 2.22 points to close at 1,927.86 as HUL (4.01%) and Dabur (3.59%) closed lower while ITC (3.12%) closed higher.

BSE oil & gas index closed lower by 309.44 points at 8,015.75 as ONGC (4.42%), IPCL (3.98%), Reliance industries (3.84%), HPCL (2.86%) and BPCL (2.23%) closed lower.

Mid Market Commentary

The market has lost further momentum and slipped more to trade in the negative territory. The broad based selling continued across the board. The Metal, Capital Goods Realty and Banking are the most hitted sector. The overall market breadth is negative as 505 stocks are advancing while 1947 stocks are declining and 45 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,236.64 down by 539.67 points while Nifty was at 4,441.95 down by 177.85 points. The BSE mid cap is lower by 218.66 points at 6,571.84 and small cap slipped by 269.84 points to 7,876.02.

BSE Metal index decreased 560.75 points to trade at 11,578.96 as NALCO (5.78%), Tata Steel (5.54%), Hindalco (4.92%) and SAIL (4.49%) are trading in red.

BSE Capital goods index dropped 552.59 points to 12,694.44 as BHEL (6.26%), L&T (5.42%), ABB (3.80%) and Siemens (2.99%) are trading in negative.

BSE Banks index is trading down by 280.31 points to trade at 7,905.21 as SBI (4.83%), HDFC Bank (4.77%), PNB (4.76%) and ICICI Bank (3.49%) are trading in negative.

BSE Oil & Gas index was trading 197.56 points higher at 8,127.63 as ONGC (3.69%), IPCL (2.86%), GAIL (2.66%), HPCL (2.65%) and RPL (2.63%) are trading in negative.

BSE Auto index decreased 140.22 points to trade at 4,956.22 as Tata Motors (3.69%), Bajaj Auto (3.52%), Hero Honda (3.35%) and M&M (2.74%) are trading in red.

BSE IT index decreased 105.81 points to trade at 4,895.43 as HCL (4.26%), Satyam (3.43%), Wipro (2.72%), TCS (1.93%) and Infosys (1.43%) are trading in red.

BSE Health Care index dropped 83.28 points to trade at 3,705.08 as Cipla (2.58%), Dr. Reddy (2.40%), Sun Pharma (2.39%) and GSK (2.04%) are trading in negative.

BSE FMCG index slipped 29.56 points to trade at 1,900.52 as HUL (5.34%), Dabur (3.81%) and ITC (1.19%) are trading in red.

Pre Open Market Commentary

Indian market is likely to have a negative opening due to negative global cues. On Thursday, the Indian markets ended on a positive note as BSE Sensex closed higher by 76.98 points at 15,776.31 while Nifty increased by 30.3 points to close at 4,619.80. We expect the market to remain cautious during the trading session.

Thursday, the US markets closed in red. The Dow Jones Industrial Average (DJI) decreased by 311.50 points to close at 13,473.57. The S&P 500 (SPX) index closed lower by 35.43 points at 1,482.66 while the NASDAQ Composite (RIXF) fell by 48.83 points to close at 2,599.34.

Indian ADRs ended in negative. In technology sector, Patni computers declined by (5.46%) along with Wipro by (3.61%), Satyam (3.14%) and Infosys (2.19%). In banking sector, ICICI bank and HDFC bank slipped by (4.99%) and (4.46%) respectively. VSNL and MTNL decreased by (2.53%) and (2.20%) respectively.

The major stock markets in Asia are trading weak. Japan''s Nikkei trading lower by 410.82 points at 17,291.23. Hang Seng declined by 517.73 points to trade at 22,693.96. Taiwan weighted slipped by 199.68 points to trade at 9,366.74. Straits Times trading lower by 97.98 points at 3,481.75.

Today, Nifty has support at 4,550 and resistance at 4,654 and BSE Sensex has support at 15,470 and resistance at 15,885.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed higher by 76.98 points at 15,776.31 while Nifty increased by 30.3 points to close at 4619.80. Of the 2,656 stocks actively traded on BSE, 1,532 stocks advanced while 1,056 stocks declined. The BSE Mid cap and Small cap closed higher by 35.30 points and 89.50 points at 6,790.50 and 8,145.86 respectively.

BSE Auto Index increased by 73.64 points to close at 5,096.44 as Maruti Udyog (3.88%), Mahindra and Mahindra (2.36%), Bajaj Auto (1.96%), Hero Honda (1.18%) and Tata Motors (0.65%) closed in green.

BSE Capital goods index decreased by 181.77 points to close at 13,247.03 as BHEL (1.93%), L&T (1.20%), ABB (0.26%) and Siemens (0.22%) closed in positive.

BSE bankex index closed lower by 98.84 points at 8,185.52 as PNB(5%), HDFC bank (1.82%), ICICI bank (1.50%), Andhra bank (1.41%), SBI (1.11%) and BOB (1.08%) closed in red.

BSE Metal index slipped by 21.35 points to close at 12,139.71 as Hind Zinc (1.89%), sterlite industries (1.88%) Tata steel (0.85%) and Hindalco industries (0.25%) closed lower while Nalco (2.04%) and SAIL (1.63%) closed in higher.

BSE IT index grew by 94.45 points to close at 5,001.24 as TCS (3.15%), Wipro (2.55%), Infosys (2.26%), HCL tech (1.81%) and Satyam (1.58%) closed in green.

BSE Health Care Index increased by 55.50 points to close at 3,788.36 as Ranbaxy labs (9.49%), Cipla (3.98%) and Dr Reddy lab (0.11%) closed in green.

BSE FMCG index advanced by 14.73 points to close at 1,930.08 as Dabur (3.52%), HUL (1.36%) and ITC (0.45%) closed higher.

BSE oil & gas index closed higher by 122.11 points at 8,325.19 as HPCL (2.20%), Reliance industries (1.98%), IPCL (1.37%), ONGC (1.25%) and BPCL (1.05%) closed higher.

Mid Market Commentary

The market is now trading flat. Most of the buying was seeing in the mid cap and small cap. The profit booking was seen in the Capital Goods and Banking stocks. The overall market breadth is positive as 1515 stocks are advancing while 885 stocks are declining and 78 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,706.84 up by 7.51 points while Nifty was at 4,580.15 down by 8.55 points. The BSE mid cap is higher by 44.63 points at 6,799.83 and small cap advanced by 79.51 points to 8,135.87.

BSE Oil & Gas index was trading 99.29 points higher at 8,302.37 as ONGC (1.07%), RPL (0.88%), IPCL (0.79%) and HPCL (0.78%) are trading in positive.

BSE IT index increased 84.55 points to trade at 4,991.34 as Satyam (2.46%), Infosys (2.01%), TCS (1.05%) and Wipro (0.60%) are trading in green.

BSE Health Care index improved 70.87 points to trade at 3,803.73 as Ranbaxy (7.62%), Cipla (3.76%), Dr. Reddy (1.06%) and Sun Pharma (0.42%) are trading in positive.

BSE Auto index increased 61.56 points to trade at 5,084.36 as Maruti Udyog (3.09%), Bajaj Auto (1.95%), Tata Motors (1.65%) and M&M (0.77%) are trading in green.

BSE FMCG index decreased 0.80 points to trade at 1,914.55 as ITC (1.20%) and HUL (0.50%) are trading in red while Dabur (3.96%) is trading in green.

BSE Capital goods index dropped 183.42 points to 13,245.38 as BHEL (2.24%), L&T (1.60%), ABB (1.06%) and Siemens (0.59%) are trading in negative.

BSE Metal index decreased 39.13 points to trade at 12,121.93 as NALCO (1.04%), Tata Steel (0.63%), SAIL (0.03%) and Hindalco Industries (0.27%) are trading in red.

BSE Banks index is trading down by 62.59 points to trade at 8,221.77 as PNB (4.88%), HDFC Bank (3.39%), SBI (0.89%) and ICICI Bank (0.31%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to have a flat opening as US market closed in green and Asian market is trading mixed. On Wednesday, the Indian markets ended on a negative note as BSE Sensex closed lower by 95.59 points at 15,699.33 while Nifty decreased by 32.05 points to close at 4,588.70. We expect the market to remain range bound during the trading session.

Wednesday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 68.12 points to close at 13,785.07. The S&P 500 (SPX) index closed higher by 7.05 points at 1,518.09 while the NASDAQ Composite (RIXF) grew by 8.31 points to close at 2,648.17.

Indian ADRs ended in mixed. In technology sector, Wipro closed up by (0.78%) while Satyam computers and Patni computers decreased by (1.15%) and (0.98%) respectively. In banking sector, ICICI bank and HDFC bank slipped by (1.14%) and (0.88%) respectively. MTNL grew by (2.80%) while VSNL decreased by (2.97%).

The major stock markets in Asia are trading mixed. Japan''s Nikkei trading lower by 46.56 points at 17,811.86. Taiwan weighted trading up by 18.38 points at 9,758.51. Straits Times trading flat at 3,632.38.

Today, Nifty has support at 4,558 and resistance at 4,635 and BSE Sensex has support at 15,600 and resistance at 15,895.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 95.59 points at 15,699.33 while Nifty decreased by 32.05 points to close at 4588.70. Of the 2,685 stocks actively traded on BSE, 1,751 stocks declined while 865 stocks advanced. The BSE Mid cap and Small cap closed lower by 57.14 points and 97.27 points at 6,755.20 and 8,056.36 respectively.

BSE Auto Index decreased by 102.71 points to close at 5,022.80 as Bajaj Auto (3.52%), Tata Motors (2.54%), Mahindra and Mahindra (1.38%) and Maruti Udyog (1.22%) closed in red.

BSE Capital goods index slipped by 338.51 points to close at 13,428.80 as L&T (3.41%) at Rs2,582, BHEL (2.29%) and ABB (1.39%) closed in negative.

BSE bankex index closed lower by 72.09 points at 8,284.36 as PNB(2.65%), ICICI bank (1.34%), SBI (1.02%), HDFC bank (0.8%) and HDFC (0.56%) closed lower.

BSE Metal index slipped by 208.56 points to close at 12,161.06 as SAIL (4.97%), Hindalco industries (2.14%), Tata steel (1.94%) and Nalco (1.38%) closed in red.

BSE IT index decreased by 56.33 points to close at 4,906.79 as Satyam (5.98%), TCS (1.96%) and Wipro (1.19%) closed in negative.

BSE Health Care Index fell by 45.35 points to close at 3,732.86 as Dr Reddy lab (1.79%), Ranbaxy labs (1.16%), Cipla (1.06%) and Sun pharma (0.93%) closed in red.

BSE FMCG index grew by 72.05 points at 1,915.35 as ITC (8.55%) and HUL (1%) closed higher.

BSE oil & gas index closed lower by 4 points at 8,203.08 as RPL (0.87%) and Reliance industries (0.26%) closed lower while ONGC (1.96%), BPCL (1.29%) and HPCL (1.18%) closed higher.

Mid Market Commentary

The market is now trading lower due to the profit booking continued in the selective scrips led by Capital Goods, Metal and Auto stocks. The mid cap and small cap are also facing the selling tune. The overall market breadth is negative as 824 stocks are advancing while 1607 stocks are declining and 62 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,687.07 down by 107.85 points while Nifty was at 4,582.20 down by 38.55 points. The BSE mid cap is lower by 57.16 points at 6,755.18 and small cap dropped by 74.01 points to 8,079.62.

BSE FMCG index increased 67.19 points to trade at 1,910.49 as ITC (8.11%), HUL (1.23%) and Dabur (0.60%) are trading in green.

BSE Capital goods index dropped 227 points to 13,540.13 as L&T (2.17%), BHEL (1.86%), ABB (1.48%) and Siemens (0.22%) are trading in negative.

BSE Metal index slipped 81.82 points to trade at 12,287.80 as SAIL (1.86%), Tata Steel (0.83%), NALCO (0.69%) and Hindalco Industries (0.53%) are trading in red.

BSE Auto index decreased 71.11 points to trade at 5,054.40 as Bajaj (2.78%), Tata Motors (1.34%), M&M (0.88%), Hero Honda (0.86%) and Maruti Udyog (0.24%) are trading in red.

BSE Banks index is trading down by 28.94 points to trade at 8,327.51 as HDFC Bank (1.12%), SBI (0.38%) and ICICI Bank (0.31%) are trading in negative.

BSE Health Care index dropped 24.81 points to trade at 3,753.40 as Cipla (1.06%), Dr. Reddy (0.74%) and Ranbaxy (0.29%) are trading in negative.

BSE IT index decreased 14.61 points to trade at 4,948.81 as Satyam (3.28%), HCL Tech. (1.90%), TCS (1.28%) and Wipro (0.99%) are trading in red.

BSE Oil & Gas index was trading 8.26 points lower at 8,198.82 as GAIL (1.19%) and IPCL (0.79%) are trading in negative while BPCL (1.61%), HPCL (1.18%) and ONGC (0.87%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have a negative opening due to weak global cues. On Tuesday, the Indian markets ended on a positive note as BSE Sensex closed higher by 62.72 points at 15,794.92 while Nifty increased marginally by 1.4 points to close at 4,620.75. We expect the market to remain cautious during the trading session.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) declined by 226.47 points to close at 13,716.95. The S&P 500 (SPX) index closed lower by 30.53 points at 1,511.04 while the NASDAQ Composite (RIXF) slipped by 50.72 points to close at 2,639.86.

Indian ADRs ended in red. In technology sector, Patni computers lost (4.77%) along with Infosys 3.04%, Satyam (1.98%) and Wipro (1.66%). In banking sector, ICICI bank and HDFC bank slipped by 4.23% and 1.64% respectively. MTNL and VSNL decreased by (4.21%) and (1.67%) respectively.

The major stock markets in Asia are trading weak. Japan''s Nikkei trading lower by 199.45 points at 17,802.58. Hang Seng decreased by 173.07 points to trade at 23,299.81. Straits Times slipped by 39.17 points to trade at 3,625.96.

Today, Nifty has support at 4,555 and resistance at 4,650 and BSE Sensex has support at 15,555 and resistance at 15,895.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed higher by 62.72 points at 15,794.92 while Nifty increased by 1.4 points to close at 4620.75. Of the 2,740 stocks actively traded on BSE, 1,777 stocks declined while 903 stocks advanced. The BSE Mid cap and Small cap closed lower by 36.78 points and 80.82 points at 6,812.34 and 8,153.63 respectively.

BSE Auto Index decreased by 72.98 points to close at 5,125.51 as M&M (3.23%), Tata Motors (3.09%), Maruti Udyog (1.74%) and Hero Honda (1.39%) closed lower while Bajaj Auto (1.03%) closed higher.

BSE Capital goods index grew by 171.11 points to close at 13,767.31 as BHEL (3.96%), L&T (2.03%), BEML (1.96%), Siemens (0.96%) and ABB (0.95%) closed in positive while Praj industries (2.86%) and Suzlon energy (2.07%) closed in negative.

BSE bankex index closed little higher by 1.28 points at 8,356.45 as HDFC bank (2.50%) and Canara bank (0.95%) closed in green while Union Bank (1.03%), SBI (0.77%) and PNB (0.65%) closed in red.

BSE Metal index increased by 64.62 points to close at 12,369.62 as SAIL (2.88%), Nalco (1.08%), Hindalco (0.92%) and JSW steel (0.55%) closed higher while Jindal Saw (1.52%), Hind Zinc (1.39%) and Sterlite industries (1.31%) closed lower.

BSE IT index grew by 60.55 points to close at 4,963.12 as Satyam (5.42%) and Infosys (1.53%) closed in positive while HCL tech (1.87%), TCS (1.68%) and Wipro (0.26%) closed in negative.

BSE Health Care Index decreased by 20.23 points to close at 3,778.21 as Ranbaxy (1.74%), Cipla (1.65%), and Sun pharma (1.60%) closed in red while Dr Reddy (0.88%) closed in green.

BSE FMCG index slipped by 28.14 points at 1,843.30 as HUL (2.13%) and ITC (0.65%) closed lower while Tata tea (1.47%) and Dabur (0.20%) closed higher.

BSE oil & gas index closed lower by 3.55 points at 8,207.08 as BPCL (2.28%) and GAIL (0.80%) closed in red while HPCL (1.13%), ONGC (0.65%) and IPCL (0.49%) closed in green.

Mid Market Commentary

The market is now trading flat. The heavy selling in the mid cap and small cap has led the overall market breadth turned negative as 1015 stocks are advancing while 1489 stocks are declining and 85 stocks remained unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,754.56 up by 22.36 points while Nifty was at 4,615.65 down by 3.7 points. The BSE mid cap is lower by 19.26 points at 6,829.86 and small cap dropped by 48.53 points to 8,185.92.

BSE Capital goods index surged 297.19 points to 13,893.39 as BHEL (5.27%), ABB (1.67%), L&T (1.52%) and Siemens (0.83%) are trading in positive.

BSE Metal index improved 28.21 points to trade at 12,333.21 as Hindalco (1.08%) and NALCO (0.34%) are trading in green whereas Tata Steel (0.97%) and SAIL (0.64%) are trading in red.

BSE Oil & Gas index was trading 63.75 points higher at 8,274.38 as HPCL (1.59%), ONGC (1.32%), BPCL (1.26%) and IPCL (0.53%) are trading in positive.

BSE Banks index is trading up by 44.71 points to trade at 8,399.88 as PNB (0.88%), ICICI Bank (0.72%), HDFC Bank (0.57%) and SBI (0.44%) are trading in positive.

BSE IT index advanced 31.84 points to trade at 4,934.41 as Satyam (2.65%), Infosys (0.98%) are trading in green whereas HCL Tech. (2.18%), TCS (1.34%) and Wipro (0.37%) are trading in red.

BSE Health Care index increased 9.43 points to trade at 3,807.87 as Dr. Reddy (0.75%) and Sun Pharma (0.71%) are trading in positive whereas Cipla (1.04%) and GSK (0.87%) are trading in negative.

BSE Auto index decreased 44.09 points to trade at 5,154.40 as M&M (2.78%), Hero Honda (1.97%), Tata Motors (0.78%), Bajaj Auto (0.66%) and Mauti Udyog (0.36%) are trading in red.

BSE FMCG index dropped 8.92 points to trade at 1,862.52 as ITC (0.23%) and HUL (0.07%) are trading in red whereas Dabur (1.30%) is trading in green.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the US market closed in green and Asian market is trading mixed. On Monday, the Indian markets ended on a positive note as BSE Sensex closed higher by 166.65 points at 15,732.20 while Nifty increased by 53.3 points to close at 4,619.35. We expect the market to remain optimism during the trading session.

Monday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 92.34 points to close at 13,943.42. The S&P 500 (SPX) index closed higher by 7.47 points at 1,541.57 while the NASDAQ Composite (RIXF) grew by 2.98 points to close at 2,690.58.

Indian ADRs ended in mixed. In technology sector, Patni computers gained (4.32%) along with Wipro (1.36%) while Satyam computers decreased by (0.11%0. In banking sector, HDFC bank grew by (0.56%) while ICICI bank slipped by (3.93%) respectively. MTNL and VSNL grew by (3.43%) and (3.40%) respectively.

The major stock markets in Asia are trading mixed. Japan''s Nikkei trading lower by 16.03 points at 17,947.61. Hang Seng increased by 61.06 points to trade at 23,426.62. Straits Times trading higher by 24.06 points at 3,659.41. Taiwan weighted gained 102.84 points to trade at 9,724.41.

Today, Nifty has support at 4,575 and resistance at 4,687 and BSE Sensex has support at 15,620 and resistance at 15,910.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed higher by 166.65 points at 15,732.20 while Nifty increased by 53.3 points to close at 4619.35. Of the 2,709 stocks actively traded on BSE, 1,330 stocks advanced while 1,305 stocks declined. The BSE Mid cap and Small cap closed up 13.05 points and 46.33 points at 6,849.12 and 8,234.45 respectively.

BSE Auto Index increased by 73.28 points to close at 5,198.49 as Bajaj Auto (4.15%), Hero Honda (3.49%), Maruti Udyog (0.68%) and Tata Motors (0.53%) closed higher.

BSE Capital goods index grew by 526.12 points to close at 13,596.20 as BHEL (7.12%), ABB (6.04%), L&T (5.62%), BEML (2.18%) and Suzlon energy (2.06%) closed in green while Siemens (1.56%) and Praj industries (1.21%) closed in red.

BSE bankex index closed lower by 39.59 points at 8,355.17 as ICICI bank (1.53%), PNB (1.21%), Canara bank (0.33%) and SBI (0.24%) closed lower while Union Bank (4.67%) and HDFC bank (1.71%) closed higher.

BSE Metal index increased by 93.90 points to close at 12,305 as Jindal steel (4.96%), Sterlite industries (1.48%), Hindalco (1.32%) and Tata Steel (0.80%) closed higher while Hind Zinc (0.96%), Nalco (0.78%), Jindal Saw (0.38%) and SAIL (0.16%) closed lower.

BSE IT index slipped by 18.49 points to close at 4,902.57 as HCL tech (1.44%) and Infosys (2.01%) closed in negative while Satyam (2.89%), TCS (1.15%) and Wipro (0.54%) closed positive.

BSE Health Care Index decreased by 31.75 points to close at 3,798.44 as Cipla (4.75%), Ranbaxy (0.54%) and Dr Reddy (0.17%) closed in red while Sun pharma (0.68%) closed in green.

BSE FMCG index grew by 42.25 points at 1,871.44 as HUL (5.02%) closed higher while Tata tea (2.16%), Dabur (1.62%) and ITC (0.71%) closed lower.

BSE oil & gas index closed up by 99.09 points at 8,210.63 as ONGC (2.55%), IPCL (1.41%), Reliance industries (1.27%) and GAIL (0.91%) closed higher while BPCL (2.65%) and HPCL (0.73%) closed lower.

Mid Market Commentary

The market is trading firm at higher level. The investors have showed the buying interest towards the scrips like Capital Goods, Metal, Oil & Gas and Realty stocks. The overall market breadth is positive as 1366 stocks are advancing while 1071 stocks are declining on BSE.

At 12.31 pm, BSE sensex was at 15,630 up by 64 points while Nifty was at 4,588.15 up by 22.1 points. The BSE mid cap is higher by 6 points at 6,842 and small cap advanced by 43 points to 8,231.

BSE Capital goods index surged 266.25 points to 13,336.33 as BHEL (3.4%), L&T (3.27%) and ABB (2.89%) are trading in positive while Siemens (2.38%) is trading in negative.

BSE Metal index improved 87.12 points to trade at 12,298.22 as Tata Steel (0.56%) and Hindalco (0.55%) are trading in green whereas SAIL (0.64%) and NALCO (0.34%) are trading in red.

BSE Banks index is trading down by 37.48 points to trade at 8,357.28 as ICICI Bank (1.32%), PNB (0.87%) and SBI (0.44%) are trading in negative.

BSE Oil & Gas index was trading 61.35 points higher at 8,172.89 as GAIL (1.49%), ONGC (1.13%) and IPCL (0.27%) are trading in positive while BPCL (1.85%) and RPL (0.86%) are trading in negative.

BSE Auto index increased 22.47 points to trade at 5,147.68 as Bajaj Auto (1.29%), Hero Honda (0.73%) and Tata Motors (0.52%) are trading in green while M&M (0.73%) and Maruti Udyog (0.12%) are trading in red.

BSE Health Care index decreased 22.87 points to trade at 3,807.32 as Cipla (3.98%), Dr. Reddy (0.45%) and GSK (0.24%) are trading in positive.

BSE IT index dropped 38.76 points to trade at 4,882.30 as Infosys (2.01%) is trading in red whereas Wipro (0.99%), HCL Tech. (0.92%), Satyam (0.83%) and TCS (0.60%) are trading in green.

BSE FMCG index increased 17.10 points to trade at 1,846.29 as HUL (3.73%) and Dabur (0.98%) are trading in green whereas ITC (0.84%) is trading in red.

Pre Open Market Commentary

Indian market is likely to have a flat opening due to weak global cues. On Friday, the Indian markets ended on a positive note as BSE Sensex closed higher by 15.42 points at 15,565.55 while Nifty increased by 3.95 points to close at 4,566.05. We expect the market to be cautious during the trading session.

Friday, the US markets closed in red. The Dow Jones Industrial Average (DJI) decreased by 149.33 points to close at 13,851.08. The S&P 500 (SPX) index closed lower by 18.98 points at 1,534.10 while the NASDAQ Composite (RIXF) slipped by 32.44 points to close at 2,687.60.

Indian ADRs ended in negative. In technology sector, Wipro declined by (2.34%) along with Patni computers by (1.53%) and Infosys by (1.40%) while Satyam gained by (3.36%). In banking sector, ICICI bank and HDFC bank slipped by (1.52%) and (0.32%) respectively. MTNL and VSNL decreased by (5.02%) and (3.73%) respectively.

The major stock markets in Asia are trading weak. Japan''s Nikkei trading lower by 233.31 points at 17,924.62. Hang Seng decreased by 55.51 points to trade at 23,236.39. Straits Times trading down by 16.04 points at 3,635.34. Taiwan weighted gained 47.29 points at 9,633.19.

Today, Nifty has support at 4,515 and resistance at 4,590 and BSE Sensex has support at 15,370 and resistance at 15,650.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it closed marginally up by 15.42 points at 15,565.55 while Nifty increased by 3.95 points to close at 4566.05. Of the 2,656 stocks actively traded on BSE, 902 stocks advanced while 1,696 stocks declined. The BSE Mid cap closed up 8.33 points at 6,836.07 while Small cap closed lower by 70.40 points at 8,188.12.

BSE Auto Index decreased by 22.37 points to close at 5,125.21 as Bajaj Auto (2.30%), Hero Honda (1.61%) and Tata Motors (1.41%) closed lower while M&M (0.99%) and Maruti Udyog (0.16%) closed higher.

BSE Capital goods index grew by 193.90 points to close at 13,070.08 as L&T (4.15%) and Suzlon energy (1.28%) closed in green while BEML (2.82%), Praj industries (1.62%), Siemens (0.59%), ABB (0.38%) and BHEL (0.23%) closed in red.

BSE bankex index closed lower by 59.21 points at 8,394.76 as PNB (1.39%), Union Bank (1.10%), HDFC bank (0.98%), SBI (0.76%), ICICI bank (0.44%) and Canara bank (0.16%) closed in negative.

BSE Metal index increased by 178.12 points to close at 12,211.10 as Tata Steel (4.84%), Hind Zinc (2.64%), SAIL (0.80%), Jindal Saw (0.63%0 and Sterlite industries (0.15%) closed higher while Hindalco (1.88%), Jindal steel (1.11%) and Nalco (0.57%) closed lower.

BSE IT index decreased by 35.25 points to close at 4,921.06 as Satyam (1.81%), HCL tech (0.52%) and Infosys (0.50%) closed lower while TCS (0.23%) closed higher.

BSE Health Care Index slipped by 10.66 points to close at 3,830.19 as Cipla (2.21%) and Glaxosmithkline (0.84%) closed in red while Dr Reddy (0.48%) and Ranbaxy (0.28%) closed in green.

BSE FMCG index declined by 12.30 points at 1,829.19 as HUL (1.82%), Tata tea (0.37%) and Dabur (0.24%) closed lower while ITC (0.23%) closed higher.

BSE oil & gas index closed lower by 56.81 points at 8,111.54 as HPCL (2.07%), BPCL (1.58%), GAIL (1.01%), ONGC (0.97%), Reliance industries (0.50%) and IPCL (0.25%) closed in negative.

Mid Market Commentary

The market is trading firm and enjoying at higher level due to some strong buying continued in the selective scrips led by Capital Goods, Metal and Realty sector. The overall market breadth is negative as 1074 stocks are advancing while 1208 stocks are declining a.

At 12.31 pm, BSE sensex was at 15,643.04 up by 92.91 points while Nifty was at 4,587.70 up by 25.6 points. The BSE mid cap is higher by 31 points at 6,858.74 while small cap dropped by 9.22 points to 8,249.30.

BSE Capital goods index surged 187.37 points to 13,063.55 as L&T (3.19%) and Siemens (0.22%) are trading in positive while ABB (0.28%) and BHEL (0.24%) are trading in negative.

BSE Metal index surged 183.83 points to trade at 12,216.81 as Tata Steel (2.78%) and SAIL (1.28%) are trading in green whereas NALCO (1.03%) and Hindalco (0.54%) are trading in red.

BSE Banks index is trading up by 56.01 points to trade at 8,509.98 as ICICI Bank (1.21%), PNB (1.03%) and SBI (0.81%) are trading in positive whereas HDFC Bank (0.99%) is trading in negative.

BSE Oil & Gas index was trading 19.94 points higher at 8,188.29 as BPCL (0.90%), HPCL (0.77%) and IPCL (0.53%) are trading in positive while ONGC (1%) and GAIL (0.30%) are trading in negative.

BSE Auto index increased 14.58 points to trade at 5,162.16 as M&M (0.86%) and Tata Motors (0.13%) are trading in green while Bajaj Auto (0.55%), Hero Honda (0.43%) and Maruti Udyog (0.36%) are trading in red.

BSE Health Care index increased 8.32 points to trade at 3,849.17 as Ranbaxy (1.99%) and Sun Pharma (0.20%) are trading in positive while Cipla (1.46%), GSK (0.88%) and Dr. Reddy (0.15%) are trading in negative.

BSE IT index dropped 13.69 points to trade at 4,942.62 as Satyam (1.44%) and TCS (0.34%) are trading in red whereas Wipro (0.20%) and Infosys (0.10%) are trading in green.

BSE FMCG index decreased 10.54 points to trade at 1,830.95 as HLL (1.82%) and Dabur (0.24%) are trading in red whereas ITC (0.10%) is trading in green.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the Asian market is trading firm and US market closed in green. On Thursday, the Indian markets ended on a positive territory as BSE Sensex closed higher by 248.96 points at 15,550.13 while Nifty increased by 62.55 points to close at 4,562.10. We expect the market to remain optimism during the trading session.

Thursday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 82.19 points to close at 14,000.41. The S&P 500 (SPX) index closed up by 6.91 points at 1,553.08 while the NASDAQ Composite (RIXF) grew by 20.55 points to close at 2,720.04.

Indian ADRs ended in positive. In technology sector, Infosys gained by (3.46%) followed by Satyam (2.70%), Wipro (1.67%) and Patni computers (1.05%). In banking sector, HDFC bank and ICICI bank grew by (3.72%) and (3.26%) respectively. VSNL increased by (1.22%).

The major stock markets in Asia are trading strong. Hang Seng surged by 184.73 points to trade at 23,200.93. Straits Times trading up by 38.26 points at 3,642.83. Taiwan weighted also trading higher by 48.24 at 9,521.55

Today, Nifty has support at 4,532 and resistance at 4,635 and BSE Sensex has support at 15,400 and resistance at 15,830.

Post Session Market Commentary

The BSE Sensex ended the session on a positive inspiring note as it grew by 248.96 points to close at 15,550.13 while Nifty increased by 62.55 points to close at 4562.10. Of the 2,677 stocks actively traded on BSE, 1,504 stocks advanced while 1,102 stocks declined. The BSE Mid cap and Small cap closed higher by 51.55 points and 74.41 points at 6,827.74 and 8,258.52 respectively.

BSE Auto Index increased by 95.68 points to close at 5,147.58 as Tata Motors (4.70%), Bajaj Auto (4.35%), M&M (1.32%) and Maruti Udyog (0.86%) closed higher while Hero Honda (3.47%) closed lower.

BSE Capital goods index grew by 201.05 points to close at 12,876.18 as Praj industries (3.55%), BEML (3.12%), L&T (2.02%), Siemens (1.78%), BHEL (1.25%) and ABB (0.32%) closed in green.

BSE bankex index closed up by 82.06 points at 8,453.97 as PNB (3.61%), HDFC bank (1.50%), SBI (1.31%), ICICI bank (0.72%), Union Bank (0.47%) and Canara bank (0.41%) closed in positive.

BSE Metal index increased by 84.54 points to close at 12,032.98 as Jindal steel (5.11%), Jindal Saw (2.61%), Sterlite industries (2%), Hindalco (0.90%) and SAIL (0.84%) closed in green while Nalco (2.65%) closed in red.

BSE IT index advanced by 70.97 points to close at 4,956.31 as Infosys (2.56%), Satyam (1.04%), TCS (0.59%) and Wipro (0.19%) closed higher while HCL tech (1.50%) closed lower.

BSE Health Care Index grew by 15.30 points to close at 3,840.85 as Ranbaxy (1.36%) and Dr Reddy (0.22%) closed in positive while Sun pharma (1.62%), Cipla (0.41%) and Glaxosmithkline (0.36%) closed in negative.

BSE FMCG index advanced by 5.83 points at 1,841.49 as Dabur (1.54%) and ITC (0.20%) closed higher while Tata tea (0.70%) and HUL (0.55%) closed lower.

BSE oil & gas index grew by 231.20 points to close at 8,168.35 as Reliance industries (4.20%), IPCL (3.48%) and GAIL (1.98%), ONGC (0.40%) and BPCL (0.23%) closed in higher while HPCL (0.12%) closed in negative.

Mid-Market Commentary

The market is trading at higher level on account of strong buying continued in the selective scrips led by Capital Goods, Metal and Oil & Gas sector. The overall market breadth is positive as 1581 stocks are advancing while 836 stocks are declining and 73 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,470.88 up by 169.71 points while Nifty was at 4,542 up by 42.45 points. The BSE mid cap is higher by 45.25 points at 6,821.44 and small cap advanced by 96.40 points to 8,280.51.

BSE Capital goods index increased 252.04 points to 12,927.17 as L&T (2.40%), BHEL (1.90%), Siemens (1.66%) and ABB (0.56%) are trading in positive.

BSE Metal index surged 140.85 points to trade at 12,089.29 as Hindalco (1.62%), SAIL (0.65%) and Tata Steel (0.29%) are trading in positive.

BSE Oil & Gas index was trading 123.19 points higher at 8,060.34 as IPCL (1.66%), RPL (0.88%), BPCL (0.60%) and ONGC (0.22%) are trading in positive.

BSE IT index improved 59.92 points to trade at 4,945.25 as Infosys (1.90%), TCS (0.69%) and Satyam (0.41%) are trading in green whereas HCL Tech. (0.90%) and Wipro (0.20%) are trading in red.

BSE Banks index is trading up by 48.84 points to trade at 8,420.75 as PNB (2.31%) and SBI (1.52%) are trading in positive whereas HDFC Bank (1.17%) and ICICI Bank (0.10%) are trading in negative.

BSE Auto index increased 24.95 points to trade at 5,076.85 as Bajaj Auto (2.41%), Tata Motors (2.15%) and Maruti Udyog (0.37%) are trading in green while Hero Honda (2.36%) and M&M (1.73%) are trading in red.

BSE FMCG index increased 4.15 points to trade at 1,839.81 as Dabur (2%) and ITC (0.03%) are trading in green whereas HUL (0.96%) is trading in red.

BSE Health Care index increased 31.11 points to trade at 3,856.66 as Ranbaxy (1.73%) is trading in positive while Sun Pharma (1.10%) and GSK (0.79%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the Asian market is trading firm. On Tuesday, the Indian markets ended on a negative note as BSE Sensex closed lower by 21.40 points at 15,289.82 while Nifty decreased by 15.4 points to close at 4,496.75. We expect the market to remain choppy during the trading session.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) decreased by 53.33 points to close at 13,918.22. The S&P 500 (SPX) index closed lower by 3.20 points at 1,546.17 while the NASDAQ Composite (RIXF) slipped by 12.80 points to close at 2,699.49.

Indian ADRs ended in negative. In technology sector, Wipro fell by (0.77%) followed by Infosys by (0.57%), Patni computers by (0.46%) and Satyam computers (0.11%). In banking sector, HDFC bank and ICICI bank slipped by (3.87%) and (0.75%) respectively. MTNL decreased by (0.62%).

The major stock markets in Asia are trading strong. Japan''s Nikkei grew by 26.92 points to trade at 18,042.50. Hang Seng advanced by 27.82 points to trade at 22,869.74. Straits Times trading up by 11.85 points at 3,595.91. Taiwan weighted also trading higher by 27.59 at 9,512.94.

Today, Nifty has support at 4,458 and resistance at 4,553 and BSE Sensex has support at 15,180 and resistance at 15,470.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew marginally by 11.35 points to close at 15,301.17 while Nifty increased by 2.8 points to close at 4499.55. Of the 2705 stocks actively traded on BSE, 1480 stocks declined while 1151 stocks advanced. The BSE Mid cap and Small cap closed lower by 13.38 points and 23.66 points at 6776.19 and 8184.11 respectively.

BSE Auto Index increased by 33.97 points to close at 5,051.90 as Hero Honda (3.03%) and Bajaj Auto (2.85%) closed higher

BSE Capital goods index slipped by 127.75 points to close at 12,675.13 as Praj industries (48.70%), L&T (2.63%), Siemens (1.29%) and ABB (1.19%) closed in red while BHEL (0.51%) and BEML (0.15%) closed in green.

BSE bankex index grew by 20.09 points to close at 8,371.91 as Andhra bank (1.06%), ICICI bank (0.81%) and Allahabad bank (0.64%) closed in positive while PNB (1.67%), Union Bank (0.93%), Canara bank (0.89%), HDFC bank (0.46%) and SBI (0.31%) closed in negative.

BSE Metal index increased by 80 points to close at 11,948.44 as Hindalco (3.22%), Sterlite industries (2.03%), Jindal Saw (0.52%), SAIL (0.39%) and Tata Steel (0.32%) closed in green while Hind Zinc (1.50%), Jindal steel (0.75%) and Nalco (0.27%) closed in red.

BSE IT index closed up by 5.50 points at 4,885.34 as TCS (1.09%) and Infosys (0.52%) closed higher while Satyam (1.36%), HCL tech (1.19%) and Wipro (0.23%) closed lower.

BSE Health Care Index closed flat at 3,825.55 as Glaxosmithkline (0.48%) and Ranbaxy (0.26%) closed higher while Dr Reddy (1.27%) and Sun pharma (0.51%) closed lower.

BSE FMCG index decreased by 11.16 points to close at 1,835.66 as Tata tea (4.72%), Dabur (2.52%) and ITC (1.28%) closed in negative .

BSE oil & gas index slipped by 47.76 points to close at 7,937.15 as ONGC (1.78%), Reliance industries (0.40%) and BPCL (0.39%) closed lower

Mid Market Commentary

The market is trading flat at lower level and remains rage bound. The overall market breadth is negative as 1213 stocks are advancing while 1229 stocks are declining and 73 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,286.25 down by 3.57 points while Nifty was at 4,493.50 down by 3.25 points. The BSE mid cap is higher by 11.67 points at 6,801.24 and small cap advanced by 33.38 points to 8,241.15.

BSE IT index surged 25.62 points to trade at 4,905.46 as Infosys (0.57%), TCS (0.35%) and Wipro (0.20%) are trading in green whereas HCL Tech. (1.48%) is trading in red.

BSE Auto index increased 7.17 points to trade at 5,025.10 as Bajaj Auto (1.30%), M&M (0.87%) and Hero Honda (0.43%) are trading in green while Tata Motors (1.20%) and Maruti Udyog (1.09%) are trading in red.

BSE Capital goods index increased 0.95 points to 12,803.83 as BHEL (1.61%) is trading in positive while ABB (1.11%), L&T (0.92%) and Siemens (0.15%) are trading in negative.

BSE Banks index is trading marginally up by 0.07 points to trade at 8,351.89 as HDFC Bank (1.17%) is trading in positive whereas PNB (0.52%), SBI (0.25%) and ICICI Bank (0.21%) are trading in negative.

BSE Oil & Gas index was trading 13.13 points down at 7,971.78 as ONGC (1.42%), RPL (0.87%) and IPCL (0.28%) are trading in negative while GAIL (3.38%) and HPCL (0.39%) are trading in positive.

BSE FMCG index decreased 6.51 points to trade at 1,840.31 as Dabur (0.97%) and ITC (0.64%) are trading in red.

BSE Metal index dropped 4.24 points to trade at 11,864.20 as NALCO (1.98%) and Hindalco (0.56%) are trading in negative while SAIL (1.31%) and Tata Steel (0.44%) are trading in positive.

BSE Health Care index decreased 2.36 points to trade at 3,822.55 as Dr. Reddy (1.63%) is trading in negative while GSK (0.72%), Ranbaxy (0.29%) and Sun Pharma (0.20%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have a flat opening as the Asian market is trading lower. On Tuesday, the Indian markets ended on a negative note as BSE Sensex closed lower by 21.40 points at 15,289.82 while Nifty slipped by 15.4 points to close at 4,496.75. We expect the market to remain range bound during the trading session.

Tuesday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 20.57 points to close at 13,971.55. The S&P 500 (SPX) index closed flat at 1,549.37 while the NASDAQ Composite (RIXF) grew by 14.96 points to close at 2,712.29.

Indian ADRs ended in mixed. In technology sector, Patni computers decreased by (1.93%) while Infosys increased by (1.50%) along with Satyam and Wipro by (0.98%)and (0.58%). In banking sector, ICICI bank and HDFC bank slipped by (1.31%) and (0.41%) respectively. MTNL and VSNL decreased by (3.02%) and (1.78%) respectively.

The major stock markets in Asia are trading lower. Japan''s Nikkei dropped by 207.36 points to trade at 18,009.91. Hang Seng slipped by 125.86 points to trade at 22,931.44. Straits Times trading lower by 13.76 points at 3,637.29. Taiwan weighted also trading up by 42.57 points at 9,552.30.

Today, Nifty has support at 4,460 and resistance at 4,550 and BSE Sensex has support at 15,130 and resistance at 15,440.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it slipped by 21.40 points to close at 15,289.82 while Nifty decreased by 15.4 points to close at 4,496.75. Of the 2,733 stocks actively traded on BSE, 1,692 stocks declined while 978 stocks advanced. The BSE Mid cap and Small cap closed lower by 44.98 points and 72.81 points at 6,789.57 and 8,207.77 respectively.

BSE Auto Index decreased by 62.86 points to close at 5,017.93 as Apollo tyres (3.09%), M&M (2.63%), Bajaj Auto (1.61%), Tata Motors (1.37%) and Maruti Udyog (0.10%) closed lower while Hero Honda (1.81%) closed higher.

BSE Capital goods index slipped by 204.13 points to close at 12,802.68 as Siemens (7.67%), Praj industries (3.05%), ABB (2.41%), BEML (2.22%), BHEL (2.16%) and L&T (0.86%) closed in red.

BSE bankex index dropped by 34.83 points to close at 8,351.82 as Union Bank (3.51%), Canara bank (2.49%), SBI (2.09%) and HDFC bank (1.31%) closed in negative while Allahabad bank (1.40%), ICICI bank (0.44%) and PNB (0.17%) closed in positive.

BSE Metal index decreased by 222.54 points to close at 11,868.44 as Sterlite industries (4.80%), SAIL (2.85%), Tata Steel (1.98%), Jindal Saw (1.13%), Hindalco (0.97%) and Hind Zinc (0.46%) closed in red while Nalco (0.62%) and Jindal steel (0.19%) closed in green.

BSE IT index increased by 31.57 points to close at 4,879.84 as HCL tech (3.15%), TCS (2.39%), Satyam (1.30%), Wipro (0.98%) and Infosys (0.13%) closed in positive.

BSE Health Care Index grew by 10.11 points to close at 3,824.91 as Dr Reddy (1.79%) and Sun pharma (0.25%) closed in green while Cipla (1.03%) and Glaxosmithkline (0.25%) closed in red.

BSE FMCG index closed flat at 1,846.82 as Dabur (0.93%) and ITC (0.87%) closed higher while Tata tea (4.01%) and HUL (0.43%) closed lower.

BSE oil & gas index advanced by 115.14 points to close at 7,984.91 as Reliance industries (2.86%), IPCL (2.61%) and GAIL (0.51%) closed in positive while ONGC (0.79%), HPCL (0.65%) and BPCL (0.39%) closed in negative.

Mid Day Market Commentary

The market is now trading at higher level and remains rage bound on account of sustained buying interest seen in the selective scrips. The overall market breadth is positive as 1435 stocks are advancing while 1028 stocks are declining and 91 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,311.22 up by 95.13 points while Nifty was at 4,537.10 up by 24.95 points. The BSE mid cap is higher by 55.72 points at 6,890.27 and small cap advanced by 47.80 points to 8,328.38.

BSE Oil & Gas index was trading 117.16 points up at 7,986.93 as IPCL (2.27%), GAIL (1.23%), RPL (0.87%), BPCL (0.60%) and ONGC (0.33%) are trading in positive.

BSE Banks index is trading up by 70.67 points to trade at 8,457.32 as ICICI Bank (1.54%), PNB (0.87%) and SBI (0.06%) are trading in positive whereas HDFC Bank (1.40%) is trading in negative.

BSE IT index surged 54.80 points to trade at 4,903.07 as TCS (3.01%), HCL Tech. (2.75%), Satyam (2.07%), Infosys (0.52%) and Wipro (0.20%) are trading in green.

BSE Health Care index improved 38.42 points to trade at 3,853.22 as Ranbaxy (1.16%), Dr. Reddy (0.76%), Cipla (0.48%) and Sun Pharma (0.40%) are trading in positive.

BSE Capital goods index increased 13.81 points to 13,020.82 as L&T (0.50%) is trading in positive while Siemens (4.81%), ABB (0.81%) and BHEL (0.06%) are trading in negative.

BSE FMCG index increased 12.95 points to trade at 1,858.98 as ITC (1.30%), Dabur (0.98%) and HUL (0.51%) are trading in green.

BSE Metal index improved 7.47 points to trade at 12,098.45 as NALCO (1.67%) and SAIL (1.27%) are trading in positive while Tata Steel (0.14%) is trading in negative.

BSE Auto index decreased 4.55 points to trade at 5,076.24 as M&M (1.82%), Tata Motors (0.53%) and Bajaj Auto (0.49%) are trading in green while Hero Honda (1.31%) and Maruti Udyog (0.48%) are trading in red.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the Asian market is trading mixed and US market closed in mixed. On Monday, the Indian markets ended on a positive note as BSE Sensex closed higher by 38.50 points at 15,311.22 while Nifty grew by 7.6 points to close at 4,512.15. We expect the market to remain range bound during the trading session.

Monday, the US markets closed in mixed. The Dow Jones Industrial Average (DJI) increased by 43.73 points to close at 13,950.98. The S&P 500 (SPX) index closed lower by 2.98 points at 1,549.52 while the NASDAQ Composite (RIXF) slipped by 9.67 points to close at 2,697.33.

Indian ADRs ended in mixed. In technology sector, Patni computers advanced by (4.58%) along with Infosys by (0.50%) while Wipro and Satyam decreased by (1.77%)and (1.31%). In banking sector, ICICI bank and HDFC bank and slipped by (0.57%) and (0.41%) respectively. MTNL and VSNL increased by (2.35%) and (1%) respectively.

The major stock markets in Asia are trading mixed. Japan''s Nikkei dropped by 45.70 points to trade at 18,193.25. Hang Seng advanced by 14.46 points to trade at 22,968.80. Straits Times trading flat at 3,653.22. Taiwan weighted also trading flat at 9,418.69.

Today, Nifty has support at 4,475 and resistance at 4,560 and BSE Sensex has support at 15,200 and resistance at 15,460.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew by 38.50 points to close at 15,311.22 while Nifty increased by7.6 points to close at 4,512.15. Of the 2,750 stocks actively traded on BSE, 1,483 stocks advanced while 1,210 stocks declined. The BSE Mid cap and Small cap closed higher by 39.25 points and 64.44 points at 6,834.55 and 8,280.58 respectively.

BSE Auto Index increased by 22.34 points to close at 5,080.79 as Bajaj Auto (3.71%) and Hero Honda (1.47%) closed higher while Tata Motors (1.04%), Maruti Udyog (0.61%) and M&M (0.46%) closed lower.

BSE Capital goods index slipped by 52.17 points to close at 13,007.01 as BHEL (1.47%), Siemens (1.26%) and ABB (1.08%) closed in red while L&T (0.55%) closed in green.

BSE bankex index increased by 104.90 points to close at 8,386.65 as Allahabad bank (8.94%), Canara bank (4.71%), SBI (3.83%) and PNB (3.50%) closed in positive while HDFC bank (1.26%) and ICICI bank (0.12%) closed in negative.

BSE Metal index surged by 90.08 points to close at 12,090.98 as Nalco (3.64%), Hindalco (3.41%), Jindal Saw (1.37%) and Jindal steel (0.99%) closed in green while Hind Zinc (1.58%) and SAIL (1.03%) closed in red.

BSE IT index decreased by 49.68 points to close at 4,848.27 as Wipro (2.32%), Satyam (2.26%), HCL tech (2.04%), TCS (0.79%) and Infosys (0.30%) closed in negative.

BSE Health Care Index slipped by 33.85 points to close at 3,814.80 as Ranbaxy (2.17%), Sun pharma (1.54%), Cipla (1.32%) and Dr Reddy (0.91%) closed in red while Glaxosmithkline (0.62%) closed in green.

BSE FMCG index dropped by 18.15 points to close at 1,846.03 as HUL (2.22%), Tata tea (0.96%), ITC (0.90%) and Dabur (0.88%) closed lower.

BSE oil & gas index advanced by 50.10 points to close at 7,869.77 as GAIL (1.60%), ONGC (1.60%), Reliance industries (0.46%) and IPCL (0.31%) closed higher while BPCL (0.79%) and HPCL (0.38%) closed lower.

Mid Day Market Commentary

The market is now trading in positive territory on the back of sustained buying interest seen in the selective scrips. The overall market breadth is positive as 1551 stocks are advancing while 962 stocks are declining and 65 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,317.11 up by 44.39 points while Nifty was at 4,517.40 up by 12.85 points. The BSE mid cap is higher by 48.92 points at 6,844.22 and small cap advanced by 97.18 points to 8,313.32.

BSE Metal index improved 215.14 points to trade at 12,216.04 as NALCO (4.86%), SAIL (2.5%), Hindalco (2.3%) and Tata Steel (1.44%) are trading in positive.

BSE Oil & Gas index was trading 58.87 points up at 7,878.54 as ONGC (1.66%), GAIL (1.57%) and IPCL (0.28%) are trading in positive whereas BPCL (0.89%) is trading in negative.

BSE Auto index increased 31.37 points to trade at 5,089.82 as Bajaj Auto (1.24%) is trading in green while Tata Motors (0.52%), Hero Honda (0.29%), M&M (0.12%) and Maruti Udyog (0.12%) are trading in red.

BSE Banks index is trading up by 31.06 points to trade at 8,312.81 as PNB (1.27%) and SBI (0.19%) are trading in positive whereas HDFC Bank (1.88%) and ICICI Bank (0.10%) are trading in negative.

BSE Capital goods index surged 18.38 points to 13,077.56 as L&T (0.54%) is trading in positive while Siemens (2.03%) and BHEL (0.65%) are trading in negative.

BSE IT index dropped 33.03 points to trade at 4,864.92 as Satyam (2.23%), HCL Tech. (2.09%), Wipro (1.95%) and TCS (1.41%) are trading in red.

BSE Health Care index dropped 12.77 points to trade at 3,835.88 as Sun Pharma (1.77%), Dr. Reddy (1.34%), Cipla (0.94%) and Ranbaxy (0.57%) are trading in negative.

BSE FMCG index decreased 8.83 points to trade at 1,855.35 as ITC (0.65%) and HUL (0.50%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the US market closed in green and Asian market is trading mixed. On Friday, the Indian markets ended on a positive note as BSE Sensex closed higher by 180.68 points at 15,272.72 while Nifty grew by 58.4 points to close at 4,504.55. We expect the market to see some profit booking during the trading session.

Friday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 45.52 points to close at 13,907.25. The S&P 500 (SPX) index closed higher by 4.80 points at 1,552.50 while the NASDAQ Composite (RIXF) grew by 5.27 points to close at 2,707.

Indian ADRs ended in mixed. In technology sector, Patni computers declined by (1.86%) along with Satyam by (0.92%), Infosys (0.17%) and Wipro (0.13%). In banking sector, HDFC bank and ICICI bank advanced by (1.61%) and (0.97%) respectively. MTNL and VSNL decreased by (2.06%) and (1.03%) respectively.

The major stock markets in Asia are trading mixed. Hang Seng declined by 46.49 points to trade at 23,052.80. Straits Times trading at 3,667.16 up by 12.55 points. Taiwan weighted grew by 60.53 points to trade at 9,531.83.

Today, Nifty has support at 4,465 and resistance at 4,558 and BSE Sensex has support at 15,150 and resistance at 15,420.

Post Session Market Commentary

The BSE Sensex ended the session on a positive inspiring note as it grew by 180.68 points to close at 15,272.72 while Nifty grew by 58.4 points to close at 4,504.55. Of the 2,735 stocks actively traded on BSE, 1,148 stocks advanced while 1,534 stocks declined. The BSE Mid cap and Small cap closed higher by 12.61 points and 0.58 points at 6,795.30 and 8,216.14 respectively.

BSE Auto Index increased by 51.90 points to close at 5,058.45 as Tata Motors (3.75%), M&M (2.72%), Maruti Udyog (0.65%) and Hero Honda (0.28%) closed higher while Bajaj Auto (0.92%) closed lower.

BSE Capital goods index grew by 118.39 points to close at 13,059.18 as BHEL (2.58%), Siemens (1.14%), L&T (0.95%) and ABB (0.67%) closed in green.

BSE bankex index increased by 66.24 points to close at 8,281.75 as Allahabad bank (3.27%), HDFC bank (2.48%), PNB (2.37%), Canara bank (1.52%) and ICICI bank (0.51%) closed in positive while SBI (0.22%) closed in negative.

BSE Metal index surged by 525.64 points to close at 12,000.90 as SAIL (10.49%), Hind Zinc (7.99%), Hindalco (5.99%), Nalco (3.78%), Sterlite industries (3.53%), Tata Steel (3.35%) and Jindal steel (1.23%) closed in positive.

BSE IT index increased by 27.89 points to close at 4,897.95 as Satyam (2.82%), Infosys (0.96%) and Wipro (0.26%) closed higher while TCS (2.10%) and HCL tech (0.67%) closed lower.

BSE Health Care Index slipped by 19.64 points to close at 3,848.65 Dr Reddy (2.03%), Sun pharma (1.85%), Ranbaxy (1.48%), Glaxosmithkline (1.44%) and Cipla (1.01%) closed in red.

BSE FMCG index increased by 6.81 points to close at 1,864.18 as ITC (1.93%) and Tata tea (0.83%) closed higher while Dabur (1.67%) and HUL (1.51%) closed lower.

BSE oil & gas index advanced by 137.48 points to close at 7,819.67 as IPCL (2.81%), GAIL (1.22%), BPCL (1.02%), ONGC (0.85%) and HPCL (0.35%) closed in green.

Mid Day Market Commentary

The market is now trading higher as the strong buying continued in the metal, capital goods, oil & gas and bank index. The BSE Sensex touched an all time high at 15,322.04. The overall market breadth is positive as 1390 stocks are advancing while 1156 stocks are declining and 72 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,314.94 up by 222.90 points while Nifty was at 4,503.60 up by 57.45 points. The BSE mid cap is higher by 49.72 points at 6,832.41 and small cap advanced by 67.01 points to 8,282.57.

BSE Metal index improved 346.84 points to trade at 11,822.10 as Hindalco (6.71%), SAIL (2.76%), NALCO (1.80%) and Tata Steel (1.19%) are trading in positive.

BSE Capital goods index surged 254.52 points to 13,195.31 as BHEL (3.53%), L&T (1.98%), ABB (1.70%) and Siemens (1.10%) are trading in green.

BSE Oil & Gas index was trading 136.36 points up at 7,818.55 as IPCL (2.34%), GAIL (1.9%), BPCL (1.51%), ONGC (1.02%) and RPL (0.85%) are trading in positive.

BSE Banks index is trading up by 91.13 points to trade at 8,306.64 as ICICI Bank (1.14%), HDFC Bank (0.75%), PNB (0.74%) and SBI (0.71%) are trading in positive.

BSE Auto index increased 50.76 points to trade at 5,057.31 as Tata Motors (2.03%), M&M (1.62%), Bajaj Auto (0.96%), Maruti Udyog (0.60%) and Hero Honda (0.59%) are trading in green.

BSE IT index improved 19.55 points to trade at 4,889.61 as Infosys (0.94%) and Satyam (0.63%) are trading in green whereas TCS (1.98%) and Wipro (0.78%) are trading in red.

BSE FMCG index increased 9.16 points to trade at 1,866.53 as ITC (1.96%) is trading in positive while Dabur (1.90%) and HUL (1.46%) are trading in negative.

BSE Health Care index grew 2.82 points to trade at 3,871.11 as Sun Pharma (1.10%) is trading in positive while Ranbaxy (0.56%), GSK (0.47%) and Dr. Reddy (0.44%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to have a positive opening due to strong positive global cues. On Thursday, the Indian markets ended on a positive note as BSE Sensex closed higher by 181.42 points at 15,092.04 while Nifty grew by 59 points to close at 4,446.15. We expect the market to trade higher during the trading session.

Thursday, the US markets closed in green. The Dow Jones Industrial Average (DJI) surged by 283.86 points to close at 13,861.73. The S&P 500 (SPX) index closed higher by 28.94 points at 1,547.70 while the NASDAQ Composite (RIXF) grew by 49.94 points to close at 2,701.73.

Indian ADRs ended in positive. In technology sector, Patni computers surged by (4.37%) along with Satyam by (1.73%), Infosys (0.62%) and Wipro (0.51%). In banking sector, HDFC bank and ICICI bank advanced by (4.50%) and (4.01%) respectively. VSNL and MTNL grew by (4.31%) and (0.49%) respectively.

The major stock markets in Asia are trading strong. The Nikkei 225 is trading higher by 251.01 points at 18,235.15, Hang Seng surged by 430.90 points to trade at 23,232.71. Straits Times trading at 3,671.29 up by 46.73 points. Taiwan weighted grew by 108.64 points to trade at 9,463.05.

Today, Nifty has support at 4,416 and resistance at 4,500 and BSE Sensex has support at 15,010 and resistance at 15,350.

Post Session Market Commentary

The BSE Sensex ended the session on a positive inspiring note as it increased by 181.42 points to close at 15,092.04 while Nifty grew by 59 points to close at 4,446.15. Of the 2,713 stocks actively traded on BSE, 1,790 stocks advanced while 861 stocks declined. The BSE Mid cap and Small cap closed higher by 78.29 points and 140.70 points at 6,782.69 and 8,215.56 respectively.

BSE Auto Index increased by 86.27 points to close at 5,006.55 as Bajaj Auto (3.11%), M&M (2.86%), Maruti Udyog (2.70%), Tata Motors (1.02%) and Hero Honda (0.52%) closed in green.

BSE Capital goods index surged by 184.82 points to close at 12,940.79 as BHEL (4.12%), Siemens (3.64%), ABB (2.80%) and BEML (0.82%) closed higher.

BSE bankex index increased by 126.73 points to close at 8,215.51 as HDFC bank (4.42%), PNB (2.03%), BOB (1.84%), ICICI bank (1.34%), SBI (0.98%) and UTI bank (0.47%), closed in green.

BSE Metal index surged by 370.40 points to close at 11,475.26 as Hindalco (7.03%), Sterlite industries (5.27%), SAIL (4.79%), Jindal steel (3.53%), Tata Steel (2.56%) and Nalco (2.51%) closed in positive.

BSE IT index increased marginally by 1.29 points to close at 4,870.06 as TCS (1.25%) and Wipro (0.20%) closed higher while HCL tech (0.97%), Infosys (0.41%) and Satyam (0.25%) closed in red.

BSE Health Care Index grew by 37.50 points to close at 3,868.29 Glaxosmithkline (1.73%), Sun pharma (1.05%), Cipla (0.87%) and Ranbaxy (0.42%) closed higher.

BSE FMCG index increased by 13.37 points to close at 1,857.37 as Tata tea (1.76%), HUL (1.66%), Dabur (0.63%) and ITC (0.16%) closed in green.

BSE oil & gas index grew by 60.65 points to close at 7,682.19 as Reliance Petroleum (2.79%), GAIL (1.29%) and HPCL (1.07%) closed in green while BPCL (1.04%), ONGC (0.95%) and IPCL (0.13%) closed in red.

Mid Day Market Commentary

The market is now trading higher as the strong buying continued in the metal, capital goods and bank index. The overall market breadth is positive as 1817 stocks are advancing while 651 stocks are declining and 62 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,060.22 up by 149.60 points while Nifty was at 4,429.80 up by 42.65 points. The BSE mid cap is higher by 75.73 points at 6,780.13 and small cap advanced by 128.37 points to 8,203.23.

BSE Metal index improved 227.32 points to trade at 11,332.18 as Hindalco (3.87%), SAIL (2.90%), NALCO (1.47%) and Tata Steel (1.07%) are trading in positive.

BSE Capital goods index surged 207.44 points to 12,963.41 as BHEL (3.3%), ABB (2.3%), Siemens (1.42%) and L&T (0.55%) are trading in green.

BSE Banks index is trading up by 148.55 points to trade at 8,237.33 as PNB (2.26%), HDFC Bank (2.09%), ICICI Bank (1.78%) and SBI (1.36%) are trading in positive.

BSE Oil & Gas index was trading 76.04 points up at 7,697.58 as RPL (1.74%), HPCL (1.56%), IPCL (0.59%), GAIL (0.32%) and ONGC (0.11%) are trading in positive.

BSE Health Care index grew 47.67 points to trade at 3,878.46 as Cipla (1.89%), GSK (1.12%), Sun Pharma (1.01%) and Ranbaxy Lab. (0.84%) are trading in positive.

BSE FMCG index increased 22.27 points to trade at 1,866.27 as HLL (1.97%) and ITC (0.65%) are trading in positive.

BSE Auto index increased 15.81 points to trade at 4,936.09 as Hero Honda (0.60%), Bajaj Auto (0.52%) and Maruti (0.25%) are trading in green while Tata Motors (0.95%) and M&M (0.90%) are trading in red.

BSE IT index improved 12.46 points to trade at 4,881.23 as Satyam (0.42%) and Wipro (0.20%) are trading in green whereas TCS (0.70%), HCL Tech. (0.30%) and Infosys (0.26%) are trading in red.

Pre Open Market Commentary

Indian market is likely to have a positive opening due to positive global cues. On Wednesday, the Indian markets ended on a negative note as BSE Sensex closed lower by 99.26 points at 14,910.62 while Nifty slipped by 18.9 points to close at 4,387.15. We expect the market to remain optimism during the trading session.

Wednesday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 76.17 points to close at 13,577.87. The S&P 500 (SPX) index closed higher by 8.64 points at 1,518.76 while the NASDAQ Composite (RIXF) grew by 12.63 points to close at 2,651.79.

Indian ADRs ended in mixed. In technology sector, Infosys slipped by (2.18%) along with Satyam (1.70%) and Patni computers (1%). In banking sector, HDFC bank and ICICI bank advanced by (1.54%) and (0.44%) respectively. MTNL grew by (3.53%) while VSNL fell by (0.30%).

The major stock markets in Asia are trading strong. The Nikkei 225 is trading higher by 63.44 points at 18,112.95, Hang Seng increased by 199.81 points to trade at 22,806.83. Straits Times trading at 3,631.57 up by 36.63 points. Taiwan weighted grew by 90.90 points to trade at 9,381.85.

Today, Nifty has support at 4,348 and resistance at 4,450 and BSE Sensex has support at 14,830 and resistance at 15,040.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it decreased by 99.26 points to close at 14,910.62 while Nifty slipped by 18.9 points to close at 4,387.15. Of the 2,693 stocks actively traded on BSE, 1,443 stocks advanced while 1,182 stocks declined. The BSE Mid cap and Small cap closed higher by 38.80 points and 65.20 points at 6,704.40 and 8,074.86 respectively.

BSE Auto Index decreased by 25.56 points to close at 4,920.28 as Tata Motors (1.69%), Maruti Udyog (0.87%), M&M (0.95%), and Hero Honda (0.14%) closed in red.

BSE Capital goods index slipped by 4.20 points to close at 12,755.97 as ABB (1.83%) and L&T (0.41%) closed lower while BEML (1.41%), BHEL (0.60%) and Siemens (0.37%) closed higher.

BSE bankex index decreased by 15.31 points to close at 8,088.78 as PNB (1.78%), ICICI bank (1%) and SBI (0.53%) closed in negative

BSE Metal index grew by 162.48 points to close at 11,104.86 as Tata Steel (3.40%), SAIL (1.73%) and Sterlite industries (1.73%) closed in positive

BSE IT index decreased by 168.22 points to close at 4,868.77 as Infosys (4.47%), TCS (3.34%), Satyam (3.28%), Wipro (2.02%) and HCL tech (0.76%) closed in red.

BSE Health Care Index decreased by 12.96 points to close at 3,830.79 Ranbaxy (1.44%), Sun pharma (0.85%) and Glaxosmithkline (0.69%) closed lower.

BSE FMCG index increased marginally by 4.92 points to close at 1,844 as HUL (1.96%) closed in green while Dabur (1.56%), ITC (0.59%) and Tata tea (0.22%) closed in red.

BSE oil & gas index increased by 5.58 points to close at 7,621.54 as Reliance Petroleum (1.24%), IPCL (0.63%) and ONGC (0.35%) closed higher

Mid Day Market Commentary

The market is trading in the negative territory as the selling continued in the selective scrips led by IT scrips. The overall market breadth is positive as 1451 stocks are advancing while 1012 stocks are declining and 71 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,967 down by 43 points while Nifty was at 4,400.95 down by 5.1 points. The BSE mid cap is higher by 45 points at 6,711 and small cap advanced by 73 points to 8,083.

BSE Metal index improved 103.32 points to trade at 11,045.70 as Tata steel (2.37%), SAIL (1.48%) and Hindalco (1.29%) are trading in positive.

BSE Capital goods index increased 96.36 points to 12,856.53 as BHEL (1.40%) and L&T (0.38%) are trading in green while Siemens (0.07%) is trading in red.

BSE Oil & Gas index was trading 28.74 points up at 7,644.70 as IPCL (0.88%) and GAIL (0.32%) are trading in positive whereas BPCL (0.30%) is trading in negative.

BSE Health Care index grew 4.48 points to trade at 3,848.23 as Sun Pharma (0.40%), GSK (0.32%) and Dr. Reddy (0.15%) are trading in positive.

BSE Auto index increased 3.01 points to trade at 4,948.85 as Bajaj Auto (1.22%) and M&M (0.25%) are trading in green while Maruti Udyog (0.86%) and Tata Motors (0.54%) is trading in red.

BSE IT index dropped 145.58 points to trade at 4,891.41 as Satyam (4.02%), Infosys (3.51%), Wipro (1.16%) and HCL Tech. (0.88%) are trading in red.BSE FMCG index dropped 6.06 points to trade at 1,833.02 as Dabur (1.89%) and ITC (1.30%) are trading in negative.

BSE Banks index is trading down by 4.58 points to trade at 8,099.51 as PNB (0.74%), ICICI Bank (0.62%) and SBI (0.26%) are trading in positive while HDFC (0.26%) is trading in negative.

Pre Open Market Commentary

Indian market is likely to have a negative opening as the US market closed in red and Asian market is trading lower. On Tuesday, the Indian markets ended on a negative note as BSE Sensex closed lower by 35.85 points at 15,009.88 while Nifty slipped by 13.35 points to close at 4,406.05. We expect the market to be cautious during the trading session.

Tuesday, the US markets closed in red. The Dow Jones Industrial Average (DJI) decreased by 148.27 points to close at 13,501.70. The S&P 500 (SPX) index closed lower by 21.73 points at 1,510.12 while the NASDAQ Composite (RIXF) slipped by 30.86 points to close at 2,639.16.

Indian ADRs ended in red. In technology sector, Wipro slipped by (2.95%) along with Infosys (2.62%), Patni computers (0.99%) and Satyam (0.92%). In banking sector, ICICI bank and HDFC bank decreased by (3.03%) and (2.73%) respectively. MTNL and VSNL down by (3.65%) and (3.05%).

The major stock markets in Asia are trading weak. The Nikkei 225 is trading lower by 191.72 points at 18,060.95, Hang Seng tumbled 269.94 points to trade at 22,609.03. Straits Times trading at 3,611.19 slipped by 9.13 points. Taiwan weighted down by 68.82 points to trade at 9,315.91.

Today, Nifty has support at 4,315 and resistance at 4,445 and BSE Sensex has support at 14,750 and resistance at 15,100.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it decreased by 35.85 points to close at 15,009.88 while Nifty slipped by 13.35 points to close at 4,406.05. Of the 2,710 stocks actively traded on BSE, 1,465 stocks declined while 1,172 stocks advanced. The BSE Mid cap and Small cap closed lower by 18.10 points and 10.33 points at 6,665.60 and 8,009.66 respectively.

BSE Auto Index increased by 56.95 points to close at 4,945.84 as Tata Motors (4.03%), Maruti Udyog (2.38%), M&M (1.16%), and Bajaj Auto (1.08%)closed in green while Hero Honda (2.35%) closed in red.

BSE Capital goods index decreased by 141.65 points to close at 12,760.17 as Siemens (1.40%), L&T (1.12%), ABB (0.75%), BEML (0.62%) and BHEL (0.50%) closed in red.

BSE bankex index decreased by 75.63 points to close at 8,104.09 as HDFC bank (1.73%), SBI (1.31%), PNB (0.90%), ICICI bank (0.73%) and UTI bank (0.31%) closed in red.

BSE Metal index closed at 10,942.38 up by 71.91 points as Nalco (3.09%), SAIL (1.84%), Tata Steel (1.35%) and Hindalco (0.23%) closed in green while Sterlite industries (1.08%) closed in red.

BSE IT index increased by 40.33 points to close at 5,036.99 as Infosys (1.35%), Satyam (1.15%), TCS (0.85%) and HCL tech (0.38%) closed higher while Wipro (0.86%) closed in positive.

BSE Health Care Index closed flat at 3,843.75. Dr Reddy (0.64%) and Cipla (0.21%) closed higher while Sun pharma (1.52%), Glaxosmithkline (0.69%) and Ranbaxy (0.12%) closed lower.

BSE FMCG index slipped by 5.40 points to close at 1,839.08 as ITC (1.48%) and Tata tea (0.67%) closed lower while Dabur (4.50%) and HUL (1.61%) closed in green.

BSE oil & gas index decreased by 38.35 points to close at 7,615.96 as HPCL (2.12%), GAIL (1.76%) and IPCL (0.32%) closed in negative while ONGC (0.29%) closed higher.

Mid Day Market Commentary

The market is trading in the positive territory as the sustained buying continued in the selective scrips led by IT, Auto and Metal index in the board. The overall market breadth is positive as 1348 stocks are advancing while 1099 stocks are declining and 89 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,075.75 up by 30.02 points while Nifty was at 4,425.15 up by 5.75 points. The BSE mid cap is higher by 17.52 points at 6,701.22 and small cap advanced by 44.66 points to 8,064.65.

BSE IT index advanced 72.84 points to trade at 5,069.50 as Satyam (2.03%), Infosys (1.55%), HCL Tech. (0.88%) and Wipro (0.38%) are trading in green.

BSE Metal index improved 65.68 points to trade at 10,936.15 as SAIL (0.75%), Tata Steel (0.64%) and Hindalco (0.23%) are trading in positive.

BSE Auto index increased 65.74 points to trade at 4,954.63 as Tata Motors (3.49%), Bajaj Auto (2.23%), Maruti Udyog (0.75%) and M&M (0.26%) are trading in green.

BSE Health Care index grew 11.99 points to trade at 3,854.89 as Dr. Reddy (0.59%), Cipla (0.47%) and GSK (0.08%) are trading in positive.

BSE Banks index is trading up by 8.46 points to trade at 8,188.18 as HDFC Bank (0.60%) and SBI (0.13%) are trading in positive while PNB (0.74%) and ICICI Bank (0.31%) are trading in negative.

BSE Capital goods index dropped 12.96 points to 12,888.86 as Siemens (0.63%) and L&T (0.33%) are trading in red while BHEL is trading higher by (0.25%) to Rs.1583 Crores.

BSE Oil & Gas index was trading 7.70 points down at 7,646.61 as GAIL (0.94%) and BPCL (0.89%) are trading in red whereas ONGC (0.56%) and HPCL (1.20%) are trading in green.

BSE FMCG index dropped 5.40 points to trade at 1,839.08 as Dabur (2.97%), ITC (0.87%) and HLL (0.20%) are trading in negative.

Pre Open Market Commentary

Indian market is likely to have a positive opening as the US market closed in green. On Monday, the Indian markets ended on a positive note as BSE Sensex closed higher by 81.61 points at 15,045.73 while Nifty increased by 34.55 points to close at 4,419.40. We expect the market to trade higher during the trading session.

Monday, the US markets closed in green. The Dow Jones Industrial Average (DJI) increased by 38.29 points to close at 13,649.97. The S&P 500 (SPX) index closed marginally up by 1.40 points at 1,531.85 while the NASDAQ Composite (RIXF) grew by 3.51 points to close at 2,670.02.

Indian ADRs ended in green. In technology sector, Satyam grew by (4%) along with Infosys by (3.16%), Wipro by (1.18%) and Patni computers by (0.52%). In banking sector, HDFC bank and ICICI bank increased by (1.06%) and 0.88% respectively. MTNL increased by (0.98%).

The major stock markets in Asia are trading mixed. The Nikkei 225 is trading lower by 40.62 points at 18,221.36, Hang Seng gained 58.74 points to trade at 22,876.17. Straits Times trading at 3,637.60 increased by 10.88 points. Taiwan weighted slipped by 9.16 points to trade at 9,360.68.

Today, Nifty has support at 4,385 and resistance at 4,480 and BSE Sensex has support at 14,960 and resistance at 15,175.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it increased by 81.61 points to close at 15,045.73 while Nifty increased by 34.55 points to close at 4,419.40. Of the 2,737 stocks actively traded on BSE, 1,610 stocks advanced while 1,054 stocks declined. The BSE Mid cap and Small cap closed higher by 62.85 points and 115.88 points at 6,683.70 and 7,904.11 respectively.

BSE Auto Index decreased by 14.56 points to close at 4,888.89 as Hero Honda (1.62%), M&M (1.02%), Maruti Udyog (0.22%) and Bajaj Auto (0.15%) closed in negative while Tata Motors (0.72%) closed in positive.

BSE Capital goods index increased by 125.14 points to close at 12,901.82 as L&T (2.17%) and Siemens (1.20%) closed in green while BEML (2.05%) and ABB (2%) closed in red.

BSE bankex index increased by 55.93 points to close at 8,179.72 as PNB (3.79%), BOI (3.58%), HDFC bank (1.28%), SBI (1.36%) and UTI bank (0.60%) closed in positive while ICICI bank (1.13%) closed in negative.

BSE Metal index closed at 10,870.47 up by 95.45 points as Sterlite industries (4.39%), Nalco (1.89%), SAIL (1.64%), Tata Steel (0.38%) and Hindalco (0.23%) closed in green.

BSE IT index increased by 46.13 points to close at 4,996.66 as TCS (1.51%), Wipro (1.12%), Infosys (1.11%), HCL tech (0.83%) and Satyam (0.47%) closed in positive.

BSE Health Care Index closed higher by 22.14 points at 3,842.90 as Glaxosmithkline (0.97%), Dr Reddy (0.53%) and Cipla (0.45%) closed higher while Sun pharma (0.16%) closed lower.

BSE FMCG index closed lower by 11.20 points at 1,844.48 as HUL (2.30%) and Dabur (1.85%) closed in red while Tata tea (0.93%) and ITC (0.16%) closed in green.

BSE oil & gas index increased by 32.84 points to close at 7,654.31 as ONGC (1.88%) and GAIL (1.80%) closed higher while IPCL (0.31%) and BPCL (0.22%) closed lower.

Mid Day Market Commentary

The market is trading firm as the sustained buying is seen in the selective scrips in the board. The overall market breadth is positive as 1668 stocks are advancing while 831 stocks are declining and 57 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 15,061.82 up by 97.70 points while Nifty was at 4,418 up by 33 points. The BSE mid cap is higher by 53.23 points at 6,674.08 and small cap advanced by 123.71 points to 8,027.82.

BSE Capital goods index surged 158.10 points to 12,934.78 as BHEL (2.32%), L&T (2.11%) and ABB (0.09%) are trading in green.

BSE Metal index improved 73.39 points to trade at 10,848.41 as SAIL (0.76%), Hindalco (0.65%) and NALCO (0.38%) are trading in positive.

BSE IT index improved 64.27 points to trade at 5,014.80 as Infosys (1.72%), Satyam (1.02%), Wipro (0.77%) and HCL Tech. (0.59%) are trading in green.

BSE Health Care index grew 23.75 points to trade at 3,844.51 as Cipla (0.94%), Sun Pharma (0.30%), GSK (0.16%) and Dr. Reddy (0.15%) are trading in positive.

BSE Oil & Gas index was trading 23.74 points up at 7,645.21 as ONGC (2.05%) and GAIL (0.96%) are trading in green whereas IPCL (0.58%) is trading in red.

BSE FMCG index dropped 6.57 points to trade at 1,849.11 as HLL (1.99%) and Dabur (0.97%) are trading in positive.

BSE Auto index decreased 7.64 points to trade at 4,895.81 as Hero Honda (1.57%), M&M (0.63%) and Maruti Udyog (0.50%) are trading in green.

BSE Banks index is trading down by 17.60 points to trade at 8,106.19 as ICICI Bank (1.12%) is trading in negative while PNB (1.15%), HDFC Bank (0.86%) and SBI (0.13%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have a positive opening due to positive global cues. On Friday, the Indian markets ended on a positive note as BSE Sensex closed higher by 102.23 points at 14,964.12 while Nifty increased by 30.9 points to close at 4,384.85. We expect the market to remain optimistic during the trading session.

Friday, the US markets closed in positive territory. The Dow Jones Industrial Average (DJI) increased by 45.84 points to close at 13,611.68. The S&P 500 (SPX) index closed up by 5.04 points at 1,530.44 while the NASDAQ Composite (RIXF) grew by 9.86 points to close at 2,666.51.

Indian ADRs ended in green. In technology sector, Wipro grew by (5.10%) along with Infosys by (4.78%), Satyam by (4.29%) and Patni computers by (2.08%) respectively. In banking sector, HDFC bank increased by (1.94%). VSNL and MTNL increased by (0.87%) and (0.74%) respectively.

The major stock markets in Asia are trading strong. The Nikkei 225 is trading higher by 99.90 points at 18,240.84, Hang Seng gained 115.76 points to trade at 22,647.50. Straits Times trading at 3,606.28 increased by 44.32 points. Taiwan weighted grew by 89.25 points at 9,277.56.

Today, Nifty has support at 4,355 and resistance at 4,450 and BSE Sensex has support at 14,890 and resistance at 15,130.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it increased by 102.23 points to close at 14,964.12 while Nifty increased by 30.9 points to close at 4,384.85. Of the 2,659 stocks actively traded on BSE, 1,458 stocks advanced while 1,122 stocks declined. The BSE Mid cap closed higher by 15 points at 6,620.85 while Small cap increased by 108.09 points to close at 7,904.11.

BSE Auto Index grew by 21.51 points to close at 4,903.45 as Hero Honda (1.23%), M&M (2.36%) and Tata Motors (0.43%) closed in green while Maruti Udyog (1.88%) closed in red.

BSE Capital goods index increased by 157.74 points to close at 12,776.68 as BEML (4.87%), ABB (2.45%) and L&T (1.67%) closed in positive while and Siemens (0.30%) closed in negative.

BSE bankex index decreased by 64.22 points to close at 8,123.79 as ICICI bank (2.37%) and UTI bank (0.20%) closed lower while HDFC bank (2.10%), BOI (1%), PNB (1.01%) and SBI (0.22%) closed higher.

BSE Metal index closed at 10,775.02 down by 41.62 points as Nalco (1.59%), SAIL (1.47%), Tata Steel (0.63%), Hindalco (0.36%) and Sterlite industries (0.32%) closed in red.

BSE IT index increased by 158.54 points to close at 4,950.53 as Satyam (5.40%), TCS (4.44%), Wipro (3.02%), Infosys (2.85%) and HCL tech (2.46%) closed in positive.

BSE Health Care Index closed lower by 17.78 points at 3,820.76 as Cipla (1.92%) and Glaxosmithkline (0.77%) closed lower while Ranbaxy labs (0.51%) and Sun pharma (0.17%) closed higher.

BSE FMCG index closed flat at 1,855.68 as Dabur (1.78%), HUL (0.53%) and ITC (0.38%) closed in green while Tata tea (0.16%) closed in red.

BSE oil & gas index increased by 4.48 points to close at 7,621.47 as Reliance petroleum (0.53%) and IPCL (0.56%) closed in green while HPCL (0.41%) and BPCL (0.32%) closed in red.

Mid Day Market Commentary

The market is trading in positive as the sustained buying is seen in the selective scrips in the board. The overall market breadth is positive as 1652 stocks are advancing while 748 stocks are declining and 66 stocks remains unchanged on BSE.

At 12.31 pm, BSE sensex was at 14,925.21 up by 63.32 points while Nifty was at 4,373.05 up by 19.1 points. The BSE mid cap is higher by 55.13 points at 6,660.98 and small cap advanced by 148.13 points to 7,944.15.

BSE Capital goods index surged 154.10 points to 12,773.04 as L&T (2.15%) and BHEL (0.13%) are trading in green while Siemens (0.35%) and ABB (0.09%) are trading in red.

BSE Metal index improved 89.49 points to trade at 10,906.13 as Hindalco (1.29%) and Tata Steel (0.64%) are trading in positive while NALCO (1.51%) is trading in negative.

BSE IT index improved 59.97 points to trade at 4,851.96 as Satyam (1.29%), Wipro (1.19%) and Infosys (1.15%) are trading in green.

BSE Auto index increased 23.79 points to trade at 4,905.73 as Hero Honda (0.89%), M&M (1.43%), Bajaj Auto (0.72%) and Tata Motors (0.56%) are trading in green.

BSE Health Care index grew 14.31 points to trade at 3,852.85 as Ranbaxy (0.83%), Cipla (0.46%), Dr. Reddy (0.45%) and Sun Pharma (0.40%) are trading in positive.

BSE FMCG index grew 9.91 points to trade at 1,864.71 as Dabur (0.98%), ITC (0.64%) and HLL (0.50%) are trading in positive.

BSE Oil & Gas index was trading 6.89 points up at 7,623.88 as IPCL (0.29%) and BPCL (0.28%) are trading in green whereas ONGC (0.45%), HPCL (0.37%) and GAIL (0.32%) are trading in red.

BSE Banks index is trading down by 78.41 points to trade at 8,109.60 as ICICI Bank (2.39%), PNB (0.57%) and SBI (0.52%) are trading in positive.

Pre Open Market Commentary

Indian market is likely to have a flat opening as Asian market is trading weak and closing of US market in mixed. On Thursday, the Indian markets ended on a negative note as BSE Sensex closed at 14,861.89 down by 18.35 points while Nifty slipped by 5.35 points to close at 4,353.95. 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) closed lower by 11.46 points at 13,565.84. The S&P 500 (SPX) index closed flat at 1,525.40 while the NASDAQ Composite (RIXF) grew marginally by 11.70 points to close at 2,656.65.

Indian ADRs ended in mixed. In technology sector, Patni computers declined by (2.73%) along with Infosys, Wipro and Satyam by (1.82%), (1.54%) and (0.40%) respectively. In banking sector, ICICI Bank and HDFC bank grew by (1.75%) and (0.38%) respectively. MTNL increased by (2.15%) while VSNL decreased by (1.59%). In automobile sector, Tata Motors jumped by (1.47%).

The major stock markets in Asia are trading weak. The Nikkei 225 is trading at 18,107.50 decreased by 113.98 points, Hang Seng fell by 131.19 points to trade at 22,121.80. Straits Times trading lower by 5.51 points at 3,546.17.

Today, Nifty has support at 4,305 and resistance at 4,395 and BSE Sensex has support at 14,750 and resistance at 14,970.

Post Session Market Commentary

The BSE Sensex ended the session on a negative note as it decreased by 18.35 points to close at 14,861.89 while Nifty dropped by 5.35 points to close at 4,353.95. Of the 2,637 stocks actively traded on BSE, 1,627 stocks declined while 949 stocks advanced. The BSE Mid cap closed lower by 39.80 points at 6,605.85 while Small cap dropped by 59.64 points to close at 7,796.02.

BSE Auto Index grew by 44.29 points to close at 4,881.94 as M&M (3.01%), Maruti Udyog (1.77%), Tata Motors (1.41%) and Hero Honda (0.55%) closed higher.

BSE Capital goods index increased by 46.31 points to close at 12,618.94 as L&T (1.73%) and BHEL (0.74%) closed in positive while ABB (0.99%) and Siemens (0.10%) closed in negative.

BSE bankex index grew by 29.03 points to close at 8,188.01 as ICICI bank (2.03%) and UTI bank (1.97%) closed higher while HDFC bank (1.65%), BOI (1.48%), SBI (1.06%) and PNB (0.82%) closed lower.

BSE Metal index closed at 10,816.64 up by 31.59 points as Tata Steel (1.74%), Nalco (1.11%) and SAIL (0.61%) closed in green while Hindalco (1.15%) and Sterlite industries (0.10%) closed in red.

BSE IT index decreased by 49.65 points to close at 4,791.99 as Wipro (0.93%), HCL tech (0.86%), Infosys (0.85%) and TCS (0.67%) closed in negative.

BSE Health Care Index closed lower by 25.48 points at 3,838.54 as Ranbaxy labs (2.07%), Sun pharma (1.30%), Cipla (1.01%) and Glaxosmithkline (0.17%) closed lower while Dr Reddy (1.45%) closed higher.

BSE FMCG index slipped by 7.81 points to close at 1,854.80 as HUL (0.73%) closed in green while Tata tea (1.79%), Dabur (1.37%) and ITC (1.11%) closed in red.

BSE oil & gas index decreased by 17.72 points to close at 7,616.99 as Reliance petroleum (0.70%), IPCL (0.88%), and BPCL (0.31%) closed lower while GAIL (1.36%) and ONGC (0.62%) closed higher.

Mid Day Market Commentary

Market is trading on negative territory. Overall market breadth was negative as 1747 stocks declined and 646 stocks advanced on BSE.

At 12.43 pm, BSE sensex was trading lower by 83.69 points at 14,796.55 and Nifty was trading down at 4,333.90 down by 25.4 points. BSE Mid cap was down by 84.68 points to trade at 6,560.97 and BSE small cap was down by 117.56 points to trade at 7,738.10.

BSE capital goods index declined by 30.19 points to trade at 12,542.44 as ABB (2.14%), BHEL (0.58%) and Siemens (0.28%) are trading lower.

BSE IT index dropped by 40.38 points to trade at 4,801.26 as HCL tech (1.2%), Satyam (1.06%) and Infosys (0.62%) are trading in red.

BSE auto index was marginally up by 3.52 points to trade at 4,841.17 as Maruti Udyog (1.01%), M&M (0.93%) and Tata motors (0.29%) are trading higher.

BSE Banks index down by 78.37 points to trade at 8,080.61 as HDFC (1.61%), SBI (1.53%), HDFC bank (1.22%), ICICI bank (0.71%) and PNB (0.19%) are trading in negative.

BSE Oil & gas index is trading lower by 94.09 points at 7,540.62 as IPCL (1.75%), Reliance industries (1.75%) and BPCL (1.18%) are trading in red.

BSE FMCG index is trading lower by 11.17 points to trade at 1,851.44 as ITC (0.98%) and Dabur (0.68%) are trading lower.

BSE Metal index dropped by 89.28 points to trade at 10,695.77 as Sterlite industries (1.66%), Hindalco industries (1.27%) and Nalco (0.38%) are trading in negative.

BSE Health Care index declined by 46.58 points to trade at 3,817.44 as Ranbaxy labs (1.9%), Glaxosmithkline (0.79%), Dr Reddy (0.6%), Sun pharma (0.49%) and Cipla (0.46%) are trading lower.

Pre Open Market Commentary

Indian market is likely to have positive opening as the Asian markets is trading higher. On Wednesday, the Indian markets closed in positive, as BSE Sensex closed higher by 73.73 points at 14,880.24 while Nifty increased marginally by 1.75 points to close at 4,359.30. We expect the market to be range bound during the trading session.

The major stock markets in Asia are trading strong. The Nikkei 225 increased by 100.11 points to trade at 18,268.83 Hang Seng index trading higher by 32.43 points at 22,250.98. Strait Times index advanced by 12.60 points to trade at 3,567.45. South Korea Seoul composite trading higher by 21.68 points at 1,860.09.

Today, Nifty has support at 4,315 and resistance at 4,400 and BSE Sensex has support at 14,750 and resistance at 15,000.

Post Session Market Commentary

The BSE Sensex ended the session on a positive note as it grew by 73.73 points to close at 14,880.24 while Nifty increased by 1.75 points to close at 4,359.30. Of the 2,676 stocks actively traded on BSE, 1,437 stocks declined while 1,187 stocks advanced. The BSE Mid cap closed lower by 3.35 points at 6,645.65 while Small cap closed higher by 9.53 points at 7,855.66.

BSE Auto Index grew by 34.34 points to close at 4,837.65 as M&M (1.74%), Tata Motors (1.42%), Maruti Udyog (0.91%) and Bajaj auto (0.56%) closed in green.

BSE Capital goods index increased by 35.72 points to close at 12,572.63 as L&T (1.44%) and Siemens (0.56%) closed higher while ABB (0.48%) and BHEL (0.11%) closed lower.

BSE bankex index grew by 18.28 points to close at 8,158.98 as ICICI bank (1.98%) and HDFC bank (0.12%) closed in green while BOI (1.99%), PNB (1.72%) and SBI (1.20%) closed in red.

BSE Metal index closed at 10,785.05 up by 124.83 points as Tata Steel (2.61%), SAIL (1.54%) and Nalco (0.46%) closed in positive while Sterlite industries (1.07%) and Hindalco (0.60%) closed in negative.

BSE IT index decreased by 37.48 points to close at 4,841.64 as Wipro (1.20%), TCS (0.93%), HCL tech (0.88%) and Infosys (0.72%) closed in positive.

BSE Health Care Index closed marginally up by 8.07 points at 3,864.02 as Cipla (2.29%), Ranbaxy labs (0.93%) and Glaxosmithkline (0.38%) closed higher while Sun pharma (0.69%) and Dr Reddy (0.25%) closed in red.

BSE FMCG index grew by 14.25 points to close at 1,862.61 as HUL (1.44%) and ITC (1.12%) closed higher while Tata tea (0.61%) and Dabur (0.49%) closed in lower.

BSE oil & gas index decreased by 1.80 points to close at 7,634.71 as ONGC (1.54%), Reliance petroleum (1%) and GAIL (0.66%) closed lower while IPCL (0.78%) and BPCL (0.10%) closed higher.

Mid Day Market Commentary

Market is trading on negative territory on the back of selling of scrips across the selective indices pivotal. Overall market breadth was negative as 1,398 stocks declined and 1,060 stocks advanced on BSE.

At 12.36 pm, BSE sensex was trading flat at 14,804.62 while Nifty was trading at 4,342.80 down by 14.75 points. BSE Mid cap and BSE small cap was trading lower by 23.66 points and 1.63 points at 6,625.34 and 7,844.50.

BSE capital goods index decreased by 46.29 points to trade at 12,490.62 as ABB ltd (1.24%), BHEL (0.97%) and L&T (0.09%) are trading in red.

BSE IT index dropped by 24.40 points to trade at 4,854.72 as HCL Tech (1.19%), Wipro (0.97%), Satyam (0.42%) and Infosys (0.41%) are trading lower.

BSE auto index was up by 25.08 points to trade at 4,828.39 as Tata Motors advanced by (1.6%) followed by Mahindra and Mahindra (1.49%), Bajaj Auto (0.52%) and Maruti Udyog (0.51%) are trading lower.

BSE Banks index was down by 59.39 points to trade at 8,081.31 as PNB (1.29%), SBI (1.07%), HDFC bank (0.61%), ICICI bank (0.52%) and HDFC (0.25%) are trading in negative.

BSE Oil & gas index is trading higher by 21.71 points at 7,658.22 as Reliance industries (0.94%) and IPCL (0.88%) are trading in green while ONGC (1.58%), HPCL (0.75%), GAIL (0.65%) and BPCL (0.59%) are trading in red.

BSE FMCG index is trading up by 7.96 points to trade at 1,856.32 as ITC (0.64%) and HUL (0.51%) are trading higher.

BSE Metal index increased by 43.16 points to trade at 10,703.38 as Tata Steel (0.67%) is trading in green while Sterlite industries (1.65%) and Hindalco industries (1.27%) are trading in red.

BSE Health Care index decreased by 1.54 points to trade at 3,854.41 as Dr.Reddy (0.9%), Ranbaxy labs (0.82%) and Sun pharma (0.78%) are trading in red.