Post Session Market Commentary

The markets tumbles to close the session on a negative note as BSE Sensex closed lower by 10.64 points at 15,603.80 and the Nifty fell by 10.95 points to close at 4,518. The BSE mid cap and Small cap closed lower by 49.70 points and 65.50 points at 6,897 and 8,572.76 respectively. The market breadth was weak with 1743 stocks declined and 963 stocks advanced.

BSE bankex index grew by 54.17 points to close at 8,136.11 as ICICI bank (2.64%), HDFC bank (1.33%), Bank of Borada (0.46%) and Kotak bank (0.12%) closed in green.

BSE oil & gas index increased marginally by 8.45 points to close at 8,387.22 as Cairn Ind (1.13%), Reliance industries (0.39%) and Reliance petroleum (0.15%) closed higher while BPCL (1.40%), HPCL (0.56%), ONGC (0.22%) closed lower.

BSE Auto Index fell by 53.87 points to close at 4,885.47 TVS motors (4.55%), Maruti udyog (2.95%), bajaj auto (1.65%), M&M (1.12%) and Tata Motors (0.12%) and Punjab tractors (0.27%) closed in green.

BSE Capital goods index dropped by 22.32 points to close at 13,701.56 as Thermax limited (2.10%), Praj industries (1.58%), Punj Lloyd (1.27%), Siemens (1.14%), BHEL (0.65%) closed higher.

BSE IT index decreased by 33.43 points to close at 4,449.14 as Mphasis (3.90%), Finance tech (2.21%), HCL tech (1.57%), Wipro (1.57%), TCS (0.70%) closed in red.

BSE Health Care Index closed lower by 28.32 points to close at 3,665.56 as Lupin (2.69%), Cipla (1.71%) Sun pharma (1.14%), ranbaxy (0.78%) and Dr Reddy (0.18%) closed in negative.

BSE Metal index closed higher by 55.33 points at 11,979.96 as Sterlte (2.75%), Jindal Saw (2.45%), Bhusan steel (1.97%), Jindal steel (0.53%) and JSW steel (0.41%) closed higher.

BSE FMCG index grew marginally by 2.02 points to close at 2,072.81 as united spirits (2.76%), Godrej consumer (1.28%), ITC (0.73%) and Colgate Palmolive (0.33%) closed in positive.