The Indian benchmarks ended the day on a positive note on June 14, 2013. After opening flat, Nifty slid down post RBI Monetary policy announcement which kept the rates unchanged. However, some short covering coupled with buying pushed the Nifty up and slowly but inevitably, it started scaling heights. The Reserve Bank of India's inaction today was widely anticipated with concerns around the rupee getting highlighted. The next event which market men are looking forward as a trigger for the upcoming move is FOMC meet. This is to be held on 18th June & 19th June, 2013. Post this, a fresh direction can emerge depending on its outcome. All these led the Sensex to close at the level of 19325.87 i.e. up by 147.94 points and the Nifty to close at the level of 5850.05 i.e. up by 41.65 points. The midcap index and the small cap index closed in green with the gain of one-third of a percentage point and slightly less than four-tens of a percentage point respectively. On the sectoral front, all the indicies except one, closed in green. The Auto Index closed as the biggest gainer with a gain of one and nine-tens of a percentage point. This was followed by the Capital Goods Index which closed with the gain of slightly more than one and one-tens of a percentage point. On the other hand the Metal Index closed as the single loser with the marginal loss of thirteen basis points of a percentage point.
Further, the market breadth closed almost neutral with positive bias as ten stocks were seen advancing against nine declining stocks.
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