Wednesday 3 September 2014

Closing Summary, Market Synopsis: 3rd September, 2014

High volatility characterized trading as key benchmark indices struck yet another record high. The Sensex rose 0.76 percent to its fourth consecutive record high of 27,225.85, before provisionally ending 0.45 percent higher. The Nifty rose as much as 0.73 percent to its third straight record high of 8,141.9. It provisionally ended up 0.39 percent. Among the sectors traded on NSE, CNX IT was the top gainer (up by 2.41%), as data underscored that the US economy continues to gather gradual momentum. Key indices in Japan, China, Hong Kong, Taiwan, Singapore, and Indonesia were up 0.32% to 2.46%. In South Korea, the Seoul Composite index was off 0.02%.

The market breadth, indicating the overall health of the market was marginally in the positive side, but in Nifty50 stocks the advances to declines stands at 23 advances to 27 declines and 1 unchanged.
Photo: Closing Market Update:

High volatility characterized trading as key benchmark indices struck yet another record high. The Sensex rose 0.76 percent to its fourth consecutive record high of 27,225.85, before provisionally ending 0.45 percent higher. The Nifty rose as much as 0.73 percent to its third straight record high of 8,141.9. It provisionally ended up 0.39 percent. Among the sectors traded on NSE, CNX IT was the top gainer (up by 2.41%), as data underscored that the US economy continues to gather gradual momentum. Key indices in Japan, China, Hong Kong, Taiwan, Singapore, and Indonesia were up 0.32% to 2.46%. In South Korea, the Seoul Composite index was off 0.02%.

The market breadth, indicating the overall health of the market was marginally in the positive side, but in Nifty50 stocks the advances to declines stands at 23 advances to 27 declines and 1 unchanged.

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