Post Market Commentary

The markets closed the session on a positive note as BSE Sensex closed higher by 170.16 points at 15,616.31 and the Nifty grew by 37.35 points to close at 4,518.60. The BSE mid cap and Small cap closed higher by 75.34 points and 105.77 points at 6,848.68 and 8.395.58 respectively. The market breadth was strong with 1,683 stocks advanced and 1298 stocks declined.

BSE Capital goods index grew by 91.95 points to close at 13,658.66 as Lakshmi machines (9.37%), Praj industries (8.91%), Siemens (2.36%), ABB (1.30%), L&T (0.39)% and BHEL (0.07%) closed in green.

BSE bankex index closed higher by 92.43 points at 8,110.85 as Andhra bank (4.66%), Bank of India (3.31%), Yes bank (3.19%), SBI (2.35%), HDFC bank (0.97%), ICICI bank (0.63%) and PNB (0.59%) closed higher.

BSE Metal index advanced by 88.45 points to close at 11,687.04 as SAIL (4.09%), Hind zinc (2.72%), Nalco (1.55%), JSW Steel (1.39%) and Tata Steel (1.31%) closed in green.

BSE Auto Index grew by 60.58 points to close at 4,937.54 as Hero Honda (2.79%), Tata Motors (1.94%), Ashok Leyland (1.94%), M&M (1.72%), Bajaj Auto (1.14%) and Maruti Udyog (1%) closed in green.

BSE oil & gas index improved by 90.24 points to close at 8,231.83 as ERPL (1.47%), Essar Oil (0.87%), Indian Oil (0.89%), ONGC (0.67%), IPCL (0.62%) and GAIL (0.53%) closed higher.

BSE IT index jumped by 19.17 points to close at 4,665.46 as Wipro (1.09%), Satyam (0.89%), HCL Tech. (0.57%), TCS (0.53%) and Infosys (0.33%) closed higher.

BSE Health Care Index closed up by 18.33 points at 3,717.03 as Ranbaxy (3.53%), Cipla (1.12%), Biocon (0.93%) and Aventis pharma (0.84%) closed higher.

BSE FMCG index grew by 30.88 points to close at 2,032.09 as ITC (2.10%), HUL (1.84%), United spirits (1.82%) and Bata India (1.26%) closed in green.