Closing Summary- Market Synopsis- 30 May, 2012

Indian markets ended the today’s session on a negative terrain. The key indices witnessed accelerated fall in the last one hour of trade. Market players were rattled by heavyweight Tata Motors and few other corporates massive selling. The Sensex finally closed unchanged at 16312.15 and the Nifty closed at the level of 4950.75 i.e., down by 39.35 points. This led the mid-cap and the small-cap counters to close negative by over a percentage point each. On the sectoral front, except for IT and Teck indices, all the other indices closed in red. Auto index closed as the major loser, with losses of nearly four percentage points. Further, the market breadth closed in favor of the bears as only two stocks were seen advancing for every five declines.
(Pic. Source- bseindia.com)