Monday 28 January 2013

Market Synopsis, Closing Summary: 28 Jan 2013




The Indian benchmarks ended on a stable note on January 28, 2013. After opening firm, they were seen consolidating throughout the day in a band . Market was lacklusture and was looking for direction . As RBI is to meet tomorrow to review its credit policy, participants were not interested in increasing their commitment. This led the Sensex to close at the level of 20103.35 i.e. marginally down by 0.18 points and the Nifty to close at the level of 6074.80 i.e. marginally up by 0.15 points. The midcap index and the small cap index closed in green with the gain of two basis points and more than quarter of a percentage point respectively. On the sectoral front, the indices closed mixed. Realty Index closed as the largest gainer with the gains of more than one and a three-forth of a percentage point. This was followed by Auto Index which closed with the gain of more than one percentage point. On the other hand, Oil & Gas index closed as the major looser with the loss of more than one percentage point.

Further, the market breadth closed slightly positive as eight stocks were seen advancing for every seven declining stocks.

(source:bseindia.com)

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