Tuesday 24 September 2013

Closing Summary, Market Synopsis: 24th September, 2013

Key benchmark indices provisionally settled with small gains as higher European stocks supported domestic bourses. The BSE Sensex, fell below the psychological 20,000 mark, having alternately moved above and below that level in intraday trade, CNX Nifty closed almost flat (up by 2.7 points) at 5892.45. The market breadth, indicating the overall health of the market, was negative. The advance to decline in Nifty50 stocks stood at 23 advances to 26 declines, reflecting the broader market sentiments.

IT stocks edged lower in choppy trade. Auto stocks gained on renewed buying. Capital goods pivotals edged higher in choppy trade. Pharma stocks were mixed, with Dr Reddy's Laboratories hitting record high. Bajaj Auto, Tata power & NTPC are the top gainers on Nifty stocks, whereas Hindalco, BPCL & Coal India the top losers.

Photo: Closing Market Update:

Key benchmark indices provisionally settled with small gains as higher European stocks supported domestic bourses. The BSE Sensex, fell below the psychological 20,000 mark, having alternately moved above and below that level in intraday trade, CNX Nifty closed almost flat (up by 2.7 points) at 5892.45.  The market breadth, indicating the overall health of the market, was negative. The advance to decline in Nifty50 stocks stood at 23 advances to 26 declines, reflecting the broader market sentiments.
 
IT stocks edged lower in choppy trade. Auto stocks gained on renewed buying. Capital goods pivotals edged higher in choppy trade. Pharma stocks were mixed, with Dr Reddy's Laboratories hitting record high. Bajaj Auto, Tata power & NTPC are the top gainers on Nifty stocks, whereas Hindalco, BPCL & Coal India the top losers.

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