Wednesday 5 February 2014

Closing Summary, Market Synopsis: 5th February, 2014


Key benchmark indices edged higher in choppy trade after a survey showed that India's service providers were optimistic in January that business activity would expand over the next year. The 50-unit CNX Nifty regained the psychological 6,000 mark after falling below that level in early trade to close at 6022, up by 21 points. The market breadth, indicating the overall health of the market, was positive. Gains in European stocks supported gains on the domestic bourses. In Nifty50 stocks the advance to decline stands at 33 advances to 17 declines. Barring FMCG (down by over 1%) & CNX Media, all sectors traded on NSE closed in the green.
Photo: Closing Market Update:
Key benchmark indices edged higher in choppy trade after a survey showed that India's service providers were optimistic in January that business activity would expand over the next year. The 50-unit CNX Nifty regained the psychological 6,000 mark after falling below that level in early trade to close at 6022, up by 21 points.  The market breadth, indicating the overall health of the market, was positive. Gains in European stocks supported gains on the domestic bourses. In Nifty50 stocks the advance to decline stands at 33 advances to 17 declines. Barring FMCG (down by over 1%) & CNX Media, all sectors traded on NSE closed in the green.

No comments:

Post a Comment