Monday 8 April 2013

Closing Summary, Market Synopsis: 8th April, 2013

Photo: Closing Market Update:
Key benchmark indices registered small losses after swinging between positive and negative zone throughout the day. The barometer index, the S&P BSE Sensex, was provisionally down 8.96 points or 0.05%, up about 40 points from the day's low and off close to 60 points from the day's high. FMCG stocks gained on reports of likely normal monsoon this year. Index heavyweight Reliance Industries (RIL) edged higher. Another index heavyweight and cigarette maker ITC reversed intraday losses in late trade. The market breadth turned negative from positive in late trade.
Further, the market breadth closed negative as three stock was seen advancing for four declining stocks.
Key benchmark indices registered small losses after swinging between positive and negative zone throughout the day. The barometer index, the S&P BSE Sensex, was provisionally down 8.96 points or 0.05%, up about 40 points from the day's low and off close to 60 points from the day's high. FMCG stocks gained on reports of likely normal monsoon this year. Index heavyweight Reliance Industries (RIL) edged higher. Another index heavyweight and cigarette maker ITC reversed intraday losses in late trade. The market breadth turned negative from positive in late trade.
Further, the market breadth closed negative as three stock was seen advancing for four declining stocks.

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