Friday 14 March 2014

Closing Summary, Market Synopsis: 15th March, 2014

A strong intraday rebound in late trade took the key benchmark indices to positive zone from negative zone. The market sentiment was boosted by the latest data showing that inflation based on the wholesale price index (WPI) eased to a nine-month low last month. The S&P BSE Sensex garner 35.19 points or 0.16% to settle at 21,809.80, CNX Nifty shut shop at 6504 up by 11 points.
Foreign investors have been driving the rally in Indian shares, despite concerns in global markets over the outlook for China's economy and continued military tensions in Ukraine. The market breadth, indicating the overall health of the market, was negative, but in Nifty50 stocks the advances to declines stands at 30 advances to 20 declines.

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