Wednesday 2 April 2014

Closing Summary, Market Synopsis: 2nd April, 2014


Key benchmark indices edged higher and hit fresh record high at the onset of the trading session. The Sensex and the 50-unit CNX Nifty, both, hit fresh record high. CNX Nifty shut shop at 6752.55 up by 31.5 points. The market sentiment was boosted by data showing that foreign institutional investors (FIIs) remained net buyers of Indian stocks on Tuesday, 1 April 2014. FIIs bought shares worth a net Rs 385.66 crore on Tuesday, 1 April 2014, as per provisional data from the stock exchanges.

The market breadth, indicating the overall health of the market, was strong, in Nifty50 stocks the advances to declines stands at 32 advances to 18 declines. Barring FMCG & CNX MNC, all sectors traded on NSE closed in the green.
Photo: Closing Market Update:
Key benchmark indices edged higher and hit fresh record high at the onset of the trading session. The Sensex and the 50-unit CNX Nifty, both, hit fresh record high. CNX Nifty shut shop at 6752.55 up by 31.5 points. The market sentiment was boosted by data showing that foreign institutional investors (FIIs) remained net buyers of Indian stocks on Tuesday, 1 April 2014. FIIs bought shares worth a net Rs 385.66 crore on Tuesday, 1 April 2014, as per provisional data from the stock exchanges.

The market breadth, indicating the overall health of the market, was strong, in Nifty50 stocks the advances to declines stands at 32 advances to 18 declines. Barring FMCG & CNX MNC, all sectors traded on NSE closed in the green.

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