Market Commentary

The BSE Sensex closed the session on a positive note as it grew by 133.08 points at 14,544.46 while Nifty closed at 4,295.80 up by 46.15 points. Of the 2,564 stocks actively traded on BSE, 1,332 stocks advanced while 1,153 stocks declined. The BSE Mid cap and Small cap closed higher by 30.79 points and 63.47 points at 6,222.40 and 7,413.03 respectively.

BSE bank index closed higher by 102.13 points at 7,607.35 as HDFC bank 3.18%, PNB 2.38%, SBI 2.09%, Bank of Baroda 1.42%, BOI 0.55% and ICICI bank 0.87% closed in positive.

BSE Capital goods index closed higher by 74.56 points at 11,153.99 as ABB 1.83% and L&T 0.25% closed in green while BHEL (49.47%) and Siemens (0.30%) closed in red.

BSE Metal index closed at 10,405.99 up by 61.32 points as Tata Steel 0.71%, SAIL 0.68% and Hindalco 0.21% closed in positive while NALCO (0.80%) closed in negative.

BSE Auto Index closed in positive at 5,012.28 up by 64.12 points as Hero Honda 5.01%, Maruti Udyog 2.63%, Tata motors 2.07%, Bajaj Auto 1.06% and M&M 0.88% closed in green.

BSE IT index closed at 4,851.43 grew 37.34 points as Wipro 1.59%, Infosys 0.84%, Satyam 0.95%, HCL Tech 0.63% closed in green while TCS (0.41%) closed in red

BSE Health Care Index closed higher by 14.46 points at 3,841.84 as Cipla 1.35%, Glaxosmithkline 0.95% and Sun pharma 0.52% closed higher while Dr. Reddy lab (0.78%) and Ranbaxy labs (0.45%) closed lower.

BSE oil & gas index closed up by 40.09 points at 7,795.67 as HPCL 4.08%, BPCL 1.98%, Reliance petroleum 1.82% and GAIL 1.56% closed in green while ONGC (0.19%) closed in red.

BSE FMCG index closed higher by 26.06 points at 1,907.38 as HLL 2.42%, Dabur 1.53% and ITC 0.77% closed in green.