Monday, 17 November 2014

Closing Summary, Market Synopsis: 17th November, 2014

A resumption of fall in global crude oil prices and data showing continuation of buying of Indian stocks by foreign funds boosted sentiments as the key benchmark indices, S&P BSE Sensex, and the 50-unit CNX Nifty, both, hit record high. State Bank of India provisionally ended 5.5 percent higher after earlier marking its highest intraday level since April 2011. The Sensex rose as much as 0.57 percent to an all-time high of 28,205.71 before ending 0.47 percent higher. The Nifty closed 0.49 percent up after earlier hitting a record high of 8,438.1.
The market breadth indicating the overall health of the market was positive in Nifty50 stocks, the advance to decline stood at 28 advances to 21 declines, 1 unchanged.

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