Tuesday 31 January 2012

Closing Summary- Market Synopsis- 30 January, 2012



Markets snapped a four week long rally today and started the week on a negative note. Some profit-booking was seen after a month's strong rally. Further, ahead of today's EU leaders' summit, the undercurrent remained cautious. In addition, lower-than-expected Q4 GDP growth in the US is causing investors to be a little more guarded. Even the broader indices were in the red. The Small-Cap and the Mid-Cap counters closed down by nearly 1.9% each.
(Pic. Source- bseindia.com)

No comments:

Post a Comment