Friday, 2 January 2015

Closing Summary, Market Synopsis: 2nd December, 2015

Sensex ends nearly 400 points higher; Nifty ends shy of 8,400: After a stellar rally, markets ended the session on a firm note on hopes of reforms in banking space coupled with strong rally in the front-line stocks. The Sensex ended up 380.36 points at 27887.9 and the Nifty was up 111.45 points at 8395.45. The market breadth indicating the overall health of the market was positive.
In the foreign exchange market, the rupee edged higher against the dollar in choppy trade. In overseas markets, European stocks edged higher on the first trading day of the year 2015 following gains in Asia. Trading in US index futures indicated that the Dow could rise above 100 points at the opening bell.

No comments:

Post a Comment