Post Session Market

The market closed the trading session on a positive session by extending the gains further. The BSE Sensex closed up by 155.82 points at 18,814.07 and Nify extend its gains to close higher by 83.4 points at 5524.85. The Sensex touched the new lifetime high of 18,832.65 in the late afternoon trade. The market opened the session with moderate gain but all of a sudden volatility gripped the market mainly on account of weakness in technology stocks, saw the index swing in and out of the positive zone.. Almost all the sectors closed in green except the IT index that remained out of favor as the IT bellwether Infosys failed to give boost to the scrips in this sector by its quarterly results. Overall, the market breadth was little weak as 1,383 stocks closed in red while 1347 stocks closed in green. The BSE Mid Cap and Small Cap closed higher by 106.24 points and 97.63 points at 7,590.60 and 9120.38 respectively.

The capital goods index surged by 456.65 points to close at 17,088. Leading the rally are AIA Engineering 10.95%, Punj Lloyd 5.79%, BHEL 3.89%, L&T 3.40% and ABB 1.97% closed higher.

BSE Metal index grew by 389.12 points at 14,832.64. Adding to the rally are Sterlite Industries (7.43%), SAIL 5.83%, NALCO 4.83%, Hindalco Industries 3.26% and Jindal Saw 3.75% closed higher.

The oil and gas index grew by 175.10 points to close at 10,725.65. Pushing it up are ONGC (5.66%), Essar Oil (4.87%), GAIL (4.22%), Cairn India (2.06%) and RPL (2.23%) closed in green.

BSE bankex index closed higher by 147.60 points to close at 9,570.79 as BOI (3.69%), BOB (2.32%), HDFC bank (2.56%), ICICI bank (1.99%), Union bank (1.34%) and SBI (1.08%) closed in positive.

BSE auto index grew by 146.92 points to close at 5,603.85 as MRF (15.98%), M&M (7.62%), Tata Motors (3.05%), Maruti udyog (1.59%) and TVS motor (0.48%) closed in green.

The IT index closed lower by 282.28 points at 4,766.72. Pushing it down are Satyam computers (7.50%), Infosys (6.99%), HCL tech (5.35%), TCS (4.72%) and Wipro (2.99%).