Closing Summary- Market Synopsis- 2 March, 2012

It was yet another dull day for the Indian stocks. The benchmark indices ended the volatile week with modest gains. Market players preferred to stay on the sidelines ahead of the outcome of the assembly elections next week. The counting of votes and announcement of poll results is scheduled for 6th March. The market is likely to rise in case of a favorable verdict for the Congress while they may react negatively to any adverse result. Meanwhile. the midcap and the small-cap counters closed flat to negative.