Monday 22 September 2014

Closing Summary, Market Synopsis: 22nd September, 2014

Key benchmark indices rose modestly on Monday to notch their fourth consecutive session of gains, led Tata Motors and ITC, although the mood was broadly cautious. Fall in global crude oil and industrial metal prices triggered a strong intraday rebound on the domestic bourses at the onset of the week. A bout of volatility was witnessed in late trade as key benchmark indices trimmed gains after extending intraday gains. The CNX Nifty was up 24.85 points or 0.31% at 8,146.3, as per provisional figures. The index hit a high of 8,159.90 in intraday trade.

The market breadth indicating the overall health of the market was positive. In Nifty50 stocks, the advance to decline stood at 20 advances to 29 declines & 1 unchanged.

Photo: Closing Market Update:

Key benchmark indices rose modestly on Monday to notch their fourth consecutive session of gains, led Tata Motors and ITC, although the mood was broadly cautious. Fall in global crude oil and industrial metal prices triggered a strong intraday rebound on the domestic bourses at the onset of the week. A bout of volatility was witnessed in late trade as key benchmark indices trimmed gains after extending intraday gains. The CNX Nifty was up 24.85 points or 0.31% at 8,146.3, as per provisional figures. The index hit a high of 8,159.90 in intraday trade.
 
The market breadth indicating the overall health of the market was positive. In Nifty50 stocks, the advance to decline stood at 20 advances to 29 declines & 1 unchanged.

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