Monday 3 March 2014

Closing Summary, Market Synopsis: 3rd March, 2014

Key benchmark indices fell on Monday to snap a five-day winning streak as stocks declined as part of an emerging markets retreat over fears of military tensions between Russia and Ukraine as well as of poor Chinese manufacturing numbers.CNX Nifty shut shop down by 55.5 points at 6221, the BSE Sensex was down 188.76 points or 0.89% to 20,931.36. Gains in crude oil prices also weighed on the sentiment on the domestic bourses. India imports two-thirds of its oil consumption.

The market breadth, indicating the overall health of the market was negative. In Nifty50 stocks, the advances to declines stand at 10 to 40. Barring almost flat close in CNX Energy, all sectors traded in NSE closed in red.
Photo: Closing Market Update: 
Key benchmark indices fell on Monday to snap a five-day winning streak as stocks declined as part of an emerging markets retreat over fears of military tensions between Russia and Ukraine as well as of poor Chinese manufacturing numbers.CNX Nifty shut shop down by 55.5 points at 6221, the BSE Sensex was down 188.76 points or 0.89% to 20,931.36. Gains in crude oil prices also weighed on the sentiment on the domestic bourses. India imports two-thirds of its oil consumption.
 
The market breadth, indicating the overall health of the market was negative. In Nifty50 stocks, the advances to declines stand at 10 to 40. Barring almost flat close in CNX Energy, all sectors traded in NSE closed in red.

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