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Wednesday, June 13, 2007

Post Market Commentary


The BSE Sensex ended the session on a negative note as it declined by 127.92 points to close at 14,003.03 while Nifty closed lower by 42.15 points at 4,113.05. Of the 2,538 stocks actively traded on BSE, 1,374 stocks declined while 1,076 stocks advanced. The BSE Mid cap and Small cap closed lower by 18.77 points and 4.61 points at 6,065.63 and 7,224.27 respectively.

BSE Auto Index closed lower by 17.72 points at 4,628.54 as M&M (1.34%), Hero Honda (1.51%) and Bajaj Auto (0.34%) closed in red while Tata motors (0.68%) and Maruti Udyog (0.15%) closed in green.

BSE Capital goods index fell drastically by 131.94 points to close at 10,724.38 as ABB (2.99%), L&T (1.85%) and BHEL (0.60%) closed in red.

BSE bank index closed lower by 84.83 points at 7,368.69 as SBI (3.19%), BOI (3.02%), PNB (1.40%), ICICI bank (0.67%) and HDFC bank (0.43%) closed in red.

BSE Metal index closed at 10,275.27 dropped by 84.65 points as SAIL (2.37%) and Tata Steel (1.31%) closed in red while Hindalco (0.63%) and Nalco (0.41%) closed in green.

BSE IT index closed marginally lower by 8.63 points at 4,966.87 as Patni computers (3.02%), Wipro (1.56%), HCL Tech (0.58%) and Infosys (0.22%) closed in red while Satyam computers (1.65%) closed in green.

BSE Health Care Index closed in positive at 3,748.38 up by 8.54 points as Dr. Reddy lab (2.72%), Sun pharma (1.45%) and Cipla (0.10%) closed higher while Ranbaxy labs (1.50%) closed lower.

BSE FMCG index closed lower by 17.26 points at 1,772.80 as HLL (1.56%) and ITC (1.14%) closed in red while Dabur (1.86%) closed in green.

BSE oil & gas index closed in negative at 7,394.36 down by 93.35 points as BPCL (3%), GAIL (2.77%), HPCL (2.02%), IPCL (1.10%) and Reliance petroleum (0.94%) closed in red.