Thursday 3 July 2014

Closing Summary, Market Synopsis: 3rd July, 2014

Key benchmark indices registered small losses, with turnover on BSE seeing a sharp decline due to a near 3-hour shutdown caused by network outage. The Nifty fell 0.13 percent and ended at a provisional 7,714.80 points after earlier hitting a record high at 7,754.65 points. The index had gained 3.1 percent over the previous four sessions. Among auto makers, Tata Motors scaled record high. Bajaj Auto and Hero MotoCorp dropped as both these stocks turned ex-dividend. 

The market breadth, indicating the overall health of the market was negative, but in Nifty50 stocks the advances to declines stands at 15 advances to 34 declines, 1 unchanged.

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