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Monday, June 04, 2007

Post Market Commentary


The BSE Sensex ended the session on a negative note as it fell by 74.98 points to close at 14,495.77 while Nifty closed at 4,267.05 down by 30 points. Of the 2,654 stocks actively traded on BSE, 1,385 stocks declined while 1,184 stocks advanced. The BSE Mid cap and Small cap closed lower by 30.70 points and 7.10 points at 6,233.58 and 7,466.77 respectively.

BSE Capital goods index closed lower by 138.89 points at 11,102.87 as BHEL (3.01%) and L&T (1.65%) closed in negative while Siemens (1.20%) and ABB (0.52%) closed in positive.

BSE bank index closed higher by 58.92 points at 7,741.56 as SBI (2.07%), HDFC bank (1.05%), IDBI bank (0.87%), BOI (0.85%) and ICICI bank (0.58%) closed in green.

BSE Metal index closed at 10,634.17 surged by 166 points as Hindalco (3.97%) and Tata Steel (0.34%) closed higher.

BSE IT index closed at 4,846.50 declined by 61.88 points as Satyam (2.33%), Infosys (1.22%), Wipro (1.87%), HCL Tech (1.63%) and TCS (0.84%) closed in red.

BSE Auto Index closed in negative at 4,948.37 down by 81.83 points as Tata Motors (4.78%), Hero Honda (0.61%) and Maruti Udyog (0.55%) closed in red while M&M (1.48%) and Bajaj Auto (0.71%) closed in green.

BSE Health Care Index closed lower by 11.84 points at 3,840.59 as Cipla (2.99%) and Sun pharma (1.55%) closed lower while Glaxosmithkline (1.24%) and Dr. Reddy lab (0.96%) closed higher.

BSE FMCG index closed at 1,893.91 marginally up by 3.38 points as Dabur (3.27%), ITC (2.04%) closed in green while HLL (2.39%) closed in red.

BSE oil & gas index closed lower by 88.42 points at 7,691.14 as GAIL (4.87%), HPCL (3.40%), Reliance petroleum (1.62%), BPCL (1.14%) and ONGC (1.07%) closed in red.