Closing Summary- Market Synopsis- 13 January, 2012

The key benchmarks had a good start today owing to positive global cues. The positive sentiments came in the market after Italy and Spain were able to successfully auction their bonds, signalling some degree of investor confidence.  The indices closed on a bullish note with the Nifty at 4,866 up 35 points from its previous close. The Sensex too spiked to an intra-day high of 16,257, before closing up 117 points at 16,155. For the week, the Sensex gained 1.9% and the Nifty 2.5%. However, the real action was seen in the broader markets, with the CNX Midcap and CNX Smallcap indices were up between 5-7%.
(Pic. Source- bseindia.com)