Thursday 20 March 2014

Closing Summary, Market Synopsis: 20th March, 2014


Key benchmark indices edged lower in choppy trade on concern foreign capital inflow will slow after the US Federal Reserve further reduced monetary stimulus for the US economy and signaled US interest rates will be raised. CNX Nifty shut shop at 6508, down by 15.7 points (-0.24%). The market breadth, indicating the overall health of the market, was negative, in Nifty50 stocks the advances to declines stands at 12 advances to 38 declines. Barring CNXIT, Pharma & Media (almost flat) all sectors traded on NSE ended on a negative note, with CNX Realty, the worst hit (down by 2.63%).
Photo: Closing Market Update:
Key benchmark indices edged lower in choppy trade on concern foreign capital inflow will slow after the US Federal Reserve further reduced monetary stimulus for the US economy and signaled US interest rates will be raised. CNX Nifty shut shop at 6508, down by 15.7 points (-0.24%). The market breadth, indicating the overall health of the market, was negative, in Nifty50 stocks the advances to declines stands at 12 advances to 38 declines. Barring CNXIT, Pharma & Media (almost flat) all sectors traded on NSE ended on a negative note, with CNX Realty, the worst hit (down by 2.63%).

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