Wednesday, 11 February 2015

Closing Summary, Market Synopsis: 11th February, 2015

Markets ended in green for second straight day: The Sensex and Nifty rose on Wednesday, heading for their second consecutive session of gains, as blue-chips such as ICICI Bank climbed on hopes that Delhi election defeat may prompt faster reforms by the Modi government especially in the budget. On the global front, issues related to the Greece debt crisis are set to be discussed by the Euro Zone finance ministers who will meet later today for an extraordinary meeting in Brussels.
The market breadth indicating the overall health of the market was strong. The Sensex ended higher by 178.3 points at 28534 and the Nifty was up 61.85 points at 8627.4. The Indian rupee is trading lower at 62.25 per dollar against previous day's closing value of 62.18 a dollar. The dollar hovered at one-month highs versus the yen, bolstered by gains in treasury yields, while uncertainty over a new debt deal for Greece kept a cloud over the euro.

No comments:

Post a Comment