Post Market Commentary

The markets closed the session on a positive note as BSE Sensex closed higher by 196.86 points at 15,318.60 and the Nifty grew by 51.7 points to end at 4,464. The BSE mid cap and Small cap closing higher by 122.98 points and 102.56 points at 6,608.42 and 8,060.52 respectively. The market breadth was strong with 1,639 stocks are advancing and 1,060 stocks are declining.

BSE Metal index surged by 268.50 points to close at 11,565.81 as Tata steel (4.92%), JSW Steel (3.94%), SAIL (1.81%) and NALCO (1.29%) closed in positive.

BSE Auto Index grew by 101.35 points to close at 4,878.05 as M&M (5.02%), Maruti Udyog (4.13%), Tata Motors (2.93%), Hero Honda (0.42%) and Ashok Leyland (0.13%) closed in green.

BSE oil & gas index improved by 183.70 points to close at 8,160.13 as ONGC (2.35%), IPCL (3.03%), Reliance petroleum (3.53%), Indian Oil (0.70%) and HPCL (0.39%) closed higher.

BSE bankex index closed higher by 107.29 points at 7,858.79 as Yes bank (10.25%), Andhra bank (3.65%), Federal bank (3.13%), Karnataka bank (3%), PNB (2.91%), Allahabad bank (2.84%), Oriental bank (2.79%) and ICICI bank (1.44%) closed in green.

BSE Capital goods index grew by 118.02 points to close at 13,424.74 as Havell India (10.04%), BEML (6.62%), Lakshmi machines (5.76%), AIAEngineer (3.15%), Siemens (2.27%), BHEL (1.65%) and Suzlon energy (1.33%) closed higher.

BSE Health Care Index closed higher by 71.65 points at 3,572.82 as Nicholas Piramal (7.83%), Opto Circuits (5.32%), Biocon (4.92%), Fortis Healthcare (4.12%), Ranbaxy (3.53%), Glennmark (3.49%), and Matrix labs (3.21%) closed in positive.

BSE FMCG index increased by 24.61 points to close at 1,973.93 as Nestle (5.62%), United Breweries (3.32%), HUL (3.09%), Colgate Palmolive (3.01%) and Tata Tea (2.31%) closed in green.

BSE IT index closed up by 33.36 points at 4,585.66 as Tech Mahindra (7.87%), Finance tech (3.47%), Patni computers (2.63%), TCS limited (2.28%), IFlex (1.81%) and HCL tech (1.64%) and Wipro (1.26%) closed higher.

Source : www.indian-commodity.com