Post Session Market

The market makes a turnaround after the mid session by paring all its initial gains to close in a negative territory. Heavy selling pressure led the indices to close lower. Though the market opened on an impressive note but lost the momentum to closed in a negative territory. Almost all the indices closed in red except the Auto index that attract investor''s confidence. The BSE Sensex closed lower by 188.86 points at 18,938.87 and NSE Nifty fell by 80.6 points to close at 5,617.55. Overall, the market breadth was weak as 1,497 stocks are closed in red while 1,306 are closed in green. The BSE Mid cap slipped by 10 points to close at 18,938.87 while Small cap closed up by 3.23 points at 10,375.30.

BSE Auto index closed up by 55.94 points at 5,404.15. Pushing it up are MICO (10.91%), Cummins (6.01%), Maruti Suzuki (3.11%), Bajaj Auto (2.82%) and Apollo tyres (1.67%).

BSE Metal index declined by 367.69 points to closed at 16,976.36. Pushed down are Nalco (5.87%), SAIL (4.57%), Hindalco (3.66%), Tata Steel (3.41%), Sterlite industries (2.02%).

BSE Capital Goods index declined by 198.54 points to close at 19,554.19. Pulling it down are Siemens (4.39%), Praj industries (3.39%), Crompton greaves (2.71%) and L&T (1.37%).

BSE oil & gas index dropped by 279.42 points to closed at 11,917.58. Scrips that fell are Essar oil (9.76%), BPCL (3.99%), RPL (2.98%), Cairn (2.37%), HPCL (2.25%) and ONGC (1.87%).

BSE Power index fell by 49.68 points to close at 4,297.82 as Suzlon energy (3.49%), Reliance energy (2.93%), CESC (2.08%) and Tata Power (1.88%) closed lower.

BSE IT index closed lower by 26.08 points at 4,081.40 as Aptech (2.50%), TCS (2.11%), Wipro (1.81%), I-Flex (1.17%) and Infosys (0.40%) closed in red.