Pre Stock Market Commentary

The Indian Market is expected to have positive opening as the US market closed in green.The domestic market rebounded from earlier losses to close in positive territory on the back of sustained buying in key stocks.The BSE Sensex closed higher by 157.76 points at 14,401.59 and NSE Nifty ended up by 43.60 points at 4,327.45. The BSE Mid Cap closed with gains of 19.39 points at 5,726.85 while Small Cap down by 11.17 points at 6,925.85. The BSE Sensex touched intraday high of 14,428.52 and intraday low of 14,136.86.Gainers from the BSE are Sterlite In (4.34%), Hindalco (4.26%), HUL (3.73%), HDFC (3.22%), BHEL (2.76%), Tata Power Co (2.65%), Reliance Infra (2.53%), HDFC Bank Ltd (2.48%) and Maruti Suzuki (2.18%).