Wednesday 27 August 2014

Closing Summary, Market Synopsis: 27th August, 2014

Key benchmark indices gave a record high closing today as expectations of further monetary stimulus in the Euro zone raised hopes of continued foreign inflows, lifting blue-chips such as TCS, HCL Tech. Foreign investors bought Indian shares worth $60.4 million on Tuesday, bringing the total for the year to nearly $13 billion in 2014. The broader Nifty rose 0.4 percent, or 31.30 points, to end at a record closing high of 7,936.05, and above the psychologically important 7,900 level.

The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 32 advances to 18 declines.
Photo: Closing Market Update:

Key benchmark indices gave a record high closing today as expectations of further monetary stimulus in the Euro zone raised hopes of continued foreign inflows, lifting blue-chips such as TCS, HCL Tech. Foreign investors bought Indian shares worth $60.4 million on Tuesday, bringing the total for the year to nearly $13 billion in 2014. The broader Nifty rose 0.4 percent, or 31.30 points, to end at a record closing high of 7,936.05, and above the psychologically important 7,900 level.
 
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 32 advances to 18 declines.

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