Post Session Market Commentary

The market tumbles to close the session in a negative territory with BSE Sensex closed lower by 99.37 points at 15504.43 and Nifty slipped by 23.35 points to close at 4494.65. The BSE mid cap and Small cap closed higher by 18.37 points and 67.47 points at 6,915.37 and 8,640.23 respectively. The market breadth was strong with 1380 stocks advanced and 1365 stocks declined.

BSE IT index decreased by 61.88 points to close at 4,387.26 as TCS ltd (2.47%), Patni computer (2.21%), Satyam (1.97%), Infosys (1.35%) and Wipro (0.18%) closed in red.

BSE bankex index fell by 45.34 points to close at 8,090.77as Oriental bank (1.95%), Andhra bank (1.52%), IOB (1.45%), ICICI bank (1.37%), PNB (0.83%) and SBI (0.42%) closed in green.

BSE oil & gas index slipped by 15.13 points to close at 8,372.09 as IOCL (0.95%), Reliance petroleum (0.92%), HPCL (0.75%), Reliance industries (0.30%) and BPCL (0.05%) closed lower.

BSE Auto Index advanced by 11.70 points to close at 4,897.17 as Hind motors (20%), Maruti Udyog (1%), Bajaja auto (0.72%), Punjab tractors (0.71%) and Tata motors (0.36%) closed in green.

BSE Capital goods index grew marginally by 3.29 points to close at 13,704.85 Suzlon energy (1.68%), Crompton greaves (0.90%), Bharat electricals (0.80%), Havell India (0.80%) closed higher.

BSE Health Care Index closed up by 3.42 points to close at 3,668.98 as Cadila health care (2.34%), Glenmark (1.52%), Novartis (1.38%), Nicholas piramal (0.75%) and GlaxoSmithKline (0.61%) closed in negative.

BSE Metal index closed higher by 31.62 points at 12,011.58 as Sesa Goa (2.62%), Welspun Gujarat (1.34%), Hind Zinc (0.94%), Nalco (0.72%), Sterlite (0.65%) and Tata Steel (0.18%) closed higher.

BSE FMCG index grew by 17.98 points to close at 2,090.79 as United breweries (12.60%), United SPR (6.80%), Tata Tea (0.48%), HUL (0.28%) and ITC (0.25%) closed in positive.