Market Commentary

The BSE Sensex ended the session on a positive note as it grew by 39.24 points to close at 14,535.01 while Nifty closed at 4,281.20 up by 17.6 points. Of the 2,677 stocks actively traded on BSE, 1,325 stocks advanced while 1,279 stocks declined. The BSE Mid cap and Small cap closed higher by 27.44 points and 19.90 points at 6,261.02 and 7,486.67 respectively.

BSE Capital goods index closed higher by 51.40 points at 11,154.27 as BHEL (0.78%) closed in positive while L&T (1.26%), ABB (0.73%) and Siemens (0.19%) closed in negative.

BSE bank index closed higher by 82.41 points at 7,823.97 as IDBI bank (5.58%), SBI (2.10%), PNB (0.87%) and ICICI bank (0.63%) closed in green while HDFC bank (0.46%) closed in red.

BSE Metal index closed at 10,648.83 advanced by 14.66 points as Tata Steel (0.68%) and SAIL (0.14%) closed higher while Hindalco (0.41%) closed lower.

BSE IT index closed at 4,884.93 inclined by 38.43 points as Infosys (1.32%), Wipro (0.22%) and HCL Tech (0.10%) closed in green while Satyam (0.86%) and TCS (0.08%) closed in red.

BSE Auto Index closed in positive at 4,960.25 up by 11.88 points as Bajaj Auto (1.35%), Hero Honda (0.48%) and M&M (0.23%) closed in green while Maruti Udyog (0.82%) closed in red.

BSE Health Care Index closed marginally up by 7.40 points at 3,847.99 as Ranbaxy labs (1.12%) and Sun pharma (0.97%) closed higher while Glaxosmithkline (1%) and Cipla (0.78%) closed lower.

BSE FMCG index closed at 1,869.87 down by 24.04 points as ITC (1.79%) and HLL (0.46%) closed in red while Dabur (0.69%) closed in green.

BSE oil & gas index closed higher by 20.94 points at 7,712.08 as Reliance petroleum (4.36%) and GAIL (1.22%) closed higher while HPCL (3.03%), BPCL (1.65%) and ONGC (0.74%) closed lower.