Post Session Commentary

The market closed with marginal gains after making a come back in the final trading hour of the session. The market opened on a strong note on the back of favoring cues from the global markets. Though the market opened on a firm note but unable to sustain its gains at higher levels as the profit booking across the sectoral indices scrips prevails. The BSE Mid cap closed lower by 13.45 points at 9,080.39 while Small cap closed higher by 97.24 points at 11,915.36. The BSE Sensex closed marginally up by 12.32 points at 19,091.96 and NSE Nifty closed higher by 8.85 points at 5,751.15. The BSE Sensex touched its intraday high of 19,397.76 and low of 18,886.40 during the trading session. Overall, the market breadth was week as 1,882 stocks are closed in green while 1030 stocks are closed in red.

BSE Health Care index slipped by 14.16 points to close at 4,247.16 as Opto Circuit (3.59%), Dr. Reddy (2.83%), Biocon (1.59%), Glenmark (1.50%) and Nicholas Piramal (1.02%) closed lower.

BSE Metal index closed higher by 124.47 points at 18,202.10. Scrips that grew are SH. Precoated (9.88%), Ispat industries (5.22%), Nalco (3.32%), Jindal Saw (3.15%), JSW Steel (2.54%).

BSE FMCG index closed up by 14.18 points at 2224.19. Scrips that grew are Tata Tea (2.34%), United Spirits (1.49%), ITC (0.94%), HUL (0.40%) and Nestle (0.27%).

BSE Realty index dropped by 51.32 points to close at 11,603.26 as Phoenix mill (8.01%), Anant Raj (6.21%), Akruti (1.18%), Omaxe (1.38%), Sobha Developers (1.38%) and Parsvnath (1.17%).

BSE Oil & Gas index slipped by 28.88 points to close at 12,280.80. Scrips that fell are GAIL (3.64%), Aban Offshore (1.57%), IOCL (1.52%), Reliance industries (0.88%) and RNRL (0.81%).

BSE Bankex index closed flat at 10,763.96 as IOB (3.57%), Union bank (2.85%), Yes bank (2.73%) closed lower while Canara bank (2.34%), ICICI bank (1.79%) and Federal bank (0.33%) closed higher.