Closing Summary- Market Synopsis- 21 March, 2012

It was a splendid trading session for the Indian equity markets. The bulls were seen marching ahead for the second consecutive day. The indices flared up despite overnight losses in the US equity markets and weakness across most of the Asian markets. The Sensex surged by almost 300 points while the Nifty rallied by 90 points to close above 17600 and 5350 respectively. Today’s upswing was led by short-covering in the Large-Cap stocks, while the stocks in broader market saw some long build up. This led the midcap counters to close positive by nearly two percentage points and the small-cap counters by over a percentage point. 
(Pic. Source- bseindia.com)