Post Market Commentary

The market closed marginally lower on the back of selling across the sectoral indices scrips. The market opened on a positive note but all of a sudden lost the grip as the profit booking prevails. The global cues are not in favor, which led the market to trade lower. The investors are talking calculated steps in booking their positions. The Realty and Bankex indices scrips remained in the limelight as most buying is seen from these baskets. Both the BSE Mid cap and Small cap outperformed the benchmark indices as they closed higher by 95.48 points and 188.65 points at 9,117.44 and 11,530.92 respectively. The BSE Sensex closed lower by 35.32 points at 19,930.68 and NSE Nifty fell 13.3 points to closed at 5,960.60. Overall, the market breadth was strong as 2,061 stocks are closed higher while 805 stocks are closed lower.

BSE Realty index surged 246.25 points to close at 11,822.88. Scrips that gained are Ansal Infra (7.05%), Omaxe (5.99%), Indiabull real (3.83%), Unitech (3.11%)

BSE Bankex index closed higher by 108.59 points to close at 11,486.55. Pushed up by Union bank (5.61%), Yes bank (5.47%), PNB (3.37%), and ICICI bank (2.10%).

BSE Capital goods closed lower by 87.96 points to close at 20,130.92. Scrips that fell are Areva (3.85%), Elcon engineering (2.97%), BHEL (2.40%), Alstom projects (1.51%) .

BSE Auto index grew by 26.09 points to close at 5,677.39. Scrips that gained are Ashok Leyland (5.38%), Bharat Forge (2.83%), Apollo tyres (2.27%), MRF (1.61%) and TVS motors (1.40%).

BSE Oil & Gas index closed with marginal gains of 4.67 points at 12,740. Pulled up by Gail India (5.92%), Indian Oil (4.47%), HPCL (3.24%), BPCL (1.14%) and RPL (0.93%).

BSE Metal index slipped by 36.24 points to close at 18,701.84. Scrips that dropped are Sterlite Industries (1.94%), Jindal Steel (1.91%), SAIL (1.11%) .

BSE IT index closed up by 8.35 points at 4,432.92. Pushed up by Aptech Ltd. (4.42%), Financial Technologies (3.24%), NIIT Techno (2.37%) and Infosys (1.76%).