Monday 27 January 2014

Closing Summary, Market Synopsis: 27th January, 2014


Key benchmark indices slumped on the first trading session of the week as weakness in Asian and European stocks and a steep slide in US stocks on Friday, 24 January 2014, hit sentiment on the domestic bourses adversely. The BSE Sensex, fell below the psychological 21,000 mark to close at 20707, down by 426 points. The Sensex hit its lowest level in more than two weeks. The 50-unit CNX Nifty hit its lowest level in more than 5-1/2 weeks at 6136, down by 131 points.

The NSE volatility index, considered at times as an investor fear gauge, surged 18 percent today, reflecting the uncertainty. In Nifty50 stocks the advance to decline stands at 5 advances to 45 declines. All sectors traded in NSE closed in the red, with CNX Realty (down by 7.44%) worst hit.
Photo: Closing Market Update:
Key benchmark indices slumped on the first trading session of the week as weakness in Asian and European stocks and a steep slide in US stocks on Friday, 24 January 2014, hit sentiment on the domestic bourses adversely. The BSE Sensex, fell below the psychological 21,000 mark to close at 20707, down by 426 points. The Sensex hit its lowest level in more than two weeks. The 50-unit CNX Nifty hit its lowest level in more than 5-1/2 weeks at 6136, down by 131 points.
 
The NSE volatility index, considered at times as an investor fear gauge, surged 18 percent today, reflecting the uncertainty. In Nifty50 stocks the advance to decline stands at 5 advances to 45 declines. All sectors traded in NSE closed in the red, with CNX Realty (down by 7.44%) worst hit.

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