Closing Summary- Market Synopsis- 16 February, 2012

The market took off trade on a weak note on the back of negative global cues after the spectacular rally seen yesterday. The benchmark indices kept falling since the opening bell, registering their respective intraday lows. However, the markets picked up momentum to touch an intraday high in the last hour of trade but still didn’t manage to close in the green. The broader market outperformed the gauges with the BSE Midcap index and the BSE Smallcap gaining nearly one percent each. 
(Pic. Source- bseindia.com)