The Indian market opened the day in positive note on the back of gains in global market.The key benchmark indices were unable to hold on to their gains and immediately plunged in the negative territory.The benchmark indices continued to roll between positive and negative territory despite rally in Asian indices.Markets were able to bounce back during the last few minutes of trade and closed flat.It was an extremely volatile session amid weak European indices and US markets futures. Sensex closed flat at 8,747.43. It touched an intraday high of 8,854.81 and low of 8,601.41. Nifty ended flat at 2,656.45. It made a high/low of 2,693.65 and 2,611.95 respectively.The market breadth was positive as 1180 stocks closed in green while 930 stocks closed in red and 78 stocks remained unchanged.
The BSE Metal Index outperformed and surged 146.14 points or 3.39% to 4,451.04. Tata Steel jumped 10.80%,JSW Steel, Jindal Steel, SAIL and Sterlite Industries gained 1.3-4.5%.
The BSE Reality index ended up by (3.34%) or 50.42 points at 1,559.69. Major gainers are Anant Raj (10.94%), DLF Ltd (5.44%), Parsvnath (4.86%), Housing Dev (4.21%), Penland Ltd (2.73%) and Unitech Ltd (1.75%).
Capital Goods Index was up 65.09 points or 1.08% to 6,086.58.L&T gained 1.61%. Punj Lloyd rose 6.68%. However, BHEL fell 0.34%.
The BSE IT index dropped by (3.08%) or 76.09 points to close at 2,400.09. HCL Tech, Infosys and Wipro tumbled over 4%. Satyam fell 1.27%.
BSE Oil & Gas Index fell 29.96 points or 0.56% to 5,367.91.Losers are ONGC Ltd (1.76%), BPCL Ltd (1.13%), Reliance Petroleum (0.70%) and Reliance (0.48%).
