Closing Summary- Market Synopsis- 23 April, 2012

The Indian markets opened in the green and held steady for most part of the morning session. However, relentless selling was seen in the afternoon session and the indices ended near day’s low. Nifty closed at 5200 levels with a loss of 90 points while Sensex shed 277 points to close at 17100 levels. Speculation of a fuel price increase and reports of contracting manufacturing in the Euro area led to the declines.
(Pic. Source- bseindia.com)