Monday, August 6, 2007

End Session Market Commentary

The BSE Sensex ended the session on a negative note as it closed lower by 235.37 points at 14,903.03 while Nifty decreased by 62.05 points to close at 4,339.50. The BSE Mid cap and Small cap decreased by 52.31 points and 48.95 points to close at 6,552.93 and 7,842.59 respectively. Of the 2,669 stocks actively traded on BSE, 1,499 stocks declined while 1,103 stocks advanced.

BSE FMCG index closed little higher by 7.16 points at 1,964.27 as ITC (1.77%) and Dabur (1.24%) closed higher while HUL (2.20%) closed lower.

BSE Capital goods index decreased by 236.29 points to close at 12,739.99 as Suzlon Energy (3.59%), L&T (2.86%), BHEL (2.14%) and Siemens (1.77%) closed in red while ABB (0.90%) closed in green.

BSE Metal index decreased by 185.20 points to close at 11,139.43 as Hindalco industries (3.05%), Sterlite Industries (2.37%), SAIL (1.58%) and Tata steel (0.27%) and are closed lower.

BSE oil & gas index dropped by 89.08 points at 7,719.26 as Reliance petroleum (0.35%), ONGC (1.67%), GAIL (2.25%) and IPCL (0.96%) closed in red while BPCL (0.99%) and HPCL (0.81) closed in green.

BSE bankex index closed lower by 85.55 points at 7,962.96 as ICICI bank (3.03%), HDFC Bank (1.60%) and IDBI (1.47%) closed lower while SBI (2.80%) and PNB (0.83%) closed higher.

BSE Auto Index decreased by 50.53 points to close at 4,746.12 as Maruti Udyog (2.95%), Tata Motors (1.01%), Bajaj Auto (0.98%) and Hero Honda (0.64%) closed lower while Mahindra and Mahindra (0.27%) closed higher.

BSE IT index slipped by 106.48 points to close at 4,597.82 as Infosys (2.74%), Wipro (2.64%), Satyam (2.18%) and HCL technologies (0.17%) closed in negative while TCS (0.52%) closed in positive.

BSE Health Care Index closed lower by 29.68 points at 3,598.77 as Cipla (1.50%), Sun pharma (1.09%) and Glennmark (1.43%) closed in red while Ranbaxy labs (0.93%) and Dr Reddy lab (0.57%) closed in green.

No comments: