Friday 23 August 2013

Closing Summary, Market Synopsis: 23rd august, 2013

Indian equity markets had a rather volatile trading session today. The markets started the days' proceeding on a negative note, but managed to turn positive by afternoon. Strong buying activity during the second half of the day led the Indian equity markets to end the day on a positive note. Barring stocks from the realty sector, stocks across the board ended on a firm note with those from the capital goods, banking and oil and gas sectors leading the pack of gainers. While the BSE-Sensex closed higher by 206 points, the NSE-Nifty closed higher by 63 points. The midcap index and the small cap index closed in green with the gain of nine –tens of a percentage point and nearly three-fourth of a percentage point respectively.

Further, the market breadth closed positive as four stocks were seen advancing against three declining stocks.



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