Post Market Commentary

The markets closed the session on a positive note as BSE Sensex closed higher by 43.35 points at 15,465.40 and the Nifty grew by 4.5 points to close at 4,479.25. The BSE mid cap and Small cap closing higher by 45.85 points and 76.50 points at 6,765.92 and 8,270.95 respectively. The market breadth was strong with 1,744 stocks are advancing and 991 stocks are declining.

BSE Capital goods index grew by 43.83 points to close at 13,632.61 as Jyoti Structures (4.78%), L&T (1.40%), Punj Lloyd (1.34%), ABB (1.10%) and Bharat electricals (1.07%) closed in green while Bhel (1.53%), Siemens (0.79%) and Suzlon energy (0.42%) closed in red.

BSE bankex index closed higher by 16.26 points at 8,006.58 as AXIS bank (3.67%), IOB (3.27%), Union bank (2.38%), Oriental bank (1.71%) and SBI (0.30%) closed in green.

BSE Metal index slipped by 59.37 points to close at 11,578.57 as Hindalco (2.09%), Tata Steel (1.22%), Jindal Stainless (1.15%), SAIL (0.93%), Sterlite industries (0.71%) and Hind Zinc (0.50%) closed lower.

BSE Auto Index slipped by 25.26 points to close at 4,874.32 as Hind Motors (2.52%), Tata Motors (1.70%), TVS (1.28%), Bajaj Auto (1.52%), MRF (0.82%) and M&M (0.76%) closed in red.

BSE oil & gas index grew by 32.43 points to close at 8,187.54 as Indian Oil (2.40%), HPCL (1.32%), GAIL India (1.23%), Reliance industries (0.82%) and RPL (0.24%) closed higher.

BSE Health Care Index closed up by 49.03 points at 3,680.36 as Glennmark (4.90%), Cipla (4.45%), Lupin (3.28%), Nicholas Piramal (2.88%) and Ranbaxy (2.66%) closed higher.

BSE FMCG index decreased by 8.87 points to close at 1,994.24 as Colgate Palmolive (2.15%), Nestle (1.26%), ITC (1.24%), Tata Tea (0.63%), Dabur India (0.40%) and Britannia 0.29% closed in red.

BSE IT index jumped by 18.02 points to close at 4,625.84 as Mosear Baer (1.67%), Infosys (1.44%) and TCS (0.65%) closed higher while Patni computers (5.58%), Wipro (1.99%) and Satyam (0.14%) closed lower.