Post Market Commentary

Phe market finally ended the day on a positive note after it opens in a deep negative territory. All the BSE indices ended in green while the IT and Health Care indices ended in red. Finally, BSE Sensex closed at 14,993.04 with a gain of 73.85 points. The NSE Nifty advanced by 38.60 points to close at 4,359.30.

Overall, the market breadth was positive as 1530 stocks were closed in green whereas 1094 were ended up in red zone while 69 stocks remained unchanged in BSE. BSE Mid cap and BSE Small cap indices grew by 40.75 points at 6,450.39 and by 65.78 points to 7,874.22 respectively.

BSE Metal index closed 455.50 points up at 11,203.77 as Tata Steel (8.99%), SAIL (5.15%), Sterlite Industries (2.70%) and Hindalco (2.12%) ended higher.

BSE Capital goods index increased by 129.49 points at 13,246.71 as BHEL (2.45%) and L&T (1.53%) are ended in green while Seimens (1.32%) and ABB (0.15%) are ended in red.

BSE oil & gas index closed at 7,936.51 higher by 97.34 points as GAIL (4.65%), ONGC (3.05%), BPCL (2.99%), HPCL (2.86%) and IPCL (1.44%) closed in green.

BSE Auto Index improved by 35.38 points at 4,711.69 as Tata Motors (1.80%), Bajaj Auto (1.03%), Hero Honda (1.08%) and Maruti (0.17%) ended higher whereas M&M (0.14%) ended lower.

BSE bank index grew 16.57 points at 7,652.78 as AXIS Bank (2.42%), SBI (1.69%) and HDFC Bank (0.40%) are ended in positive while PNB (1.32%), ICICI Bank (0.61%) and IDBI Bank (0.38%) ended in negative.

BSE FMCG index closed at 1,936.32 up by 5.39 points as Dabur (1.75%) and ITC (0.78%) are ended in positive while HUL (0.10%) is ended in negative.

BSE IT index closed 54.36 points down at 4,504.40 as Infosys (2.55%), Satyam (0.98%) and HCL Tech. (0.34%) are ended in red while Wipro (0.59%) and TCS (0.354%) are ended in green.

BSE Health Care Index closed at 3,486.31 lower by 7.12 points as GSK (1.62%), Sun Pharma (0.88%), Dr. Reddy (0.60%) and Cipla (0.56%) ended in red where as Ranbaxy (1.44%) closed in green.