Post Session Market

The market ended the session on a flat note as BSE Sensex closed marginally lower by 6.81 points at 19,051.86 and Nifty closed at 5,668.05 little lower by 2.35 points. Though the market surged at the initial stage to touch an intraday high of 19,174.45 but all of a sudden lost grip to trade lower on the back of weak global cues. But the market managed to pare most of its early losses to close the session on a flat note. The bankex index remained the most attractive during the trading session as most buying is seen in these scrips. A lot of volatility is seen in today trading session as the market keeps on moving in the positive and negative territory. Overall, the market breadth was weak as 1,543 stocks closed lower while 1212 stocks closed higher. The BSE Mid Cap and Small Cap closed higher by 65.765 points and 44.16 points at 7,782.67 and 9,356.13 respectively.

BSE Bankex index surged by 267.32 points to close at 9,974.13. Leading the rally are Axix bank (8.54%), Allahabad bank (7.12%), ICICI bank (5.48%), PNB (2.64%), Union bank (2.24%) and Yes bank (2.21%) closed higher.

The Reality index grew by 110.76 points to close at 10,187.31. Pushing it up are Sobha developers (5.38%), Akruti Nirman (3.71%), Unitech (1.86%) and Purvankara (1.49%) closed in positive.

BSE Metal index closed lower by 43.51 points at 16,156.67. Pulling it down are Sterlite industries (3.01%), SAIL (2.59%), Nalco (2.03%), JSW steel (1.72%), Tata Steel (0.48%) and Bhusan steel (0.17%) closed lower.

The Oil and Gas index closed lower by 58.29 points at 10,994.52 as Essar oil (2.65%), BPCL (2.21%), HPCL (1.85%), GAIL (1.27%), ONGC (1.24%) and Reliance industries (0.59%) closed in negative.

The IT index fell 83.34 points to close at 4,629.09 as Patni computer (4.27%), HCL tech (3.34%), Infosys (3.14%), Wipro (1.15%) and TCS (0.52%) closed in red.

BSE Auto index slipped by 14.59 points to close at 5,598.78 as M&M (2.34%), Bajaj auto (1.53%), Hero Honda (1.14%) and TVS motor (0.72%) closed lower.