Monday 14 January 2013

Market Synopsis: 14th January, 2013


The Indian market ended on a strong note on January 14, 2013. The day had started with a gap up opening and market was pushed up in small interval by a couple of good news. First the falling of inflation figures of December’ 12 to three year low gave a positive force to the market. Then the announcement of deferral of GARR to 2016 provided the final impetus. This led the Sensex to close at the level of 19906.41 i.e., up by 242.77 points and the Nifty to close at the level of 6024.05 i.e., up by 72.75 points. The midcap indices closed positive with gains of nearly one and a quarter percentage point while small-cap indices closed positive by three forth of a percentage point. On the sectoral front, most of the indices closed in green , except few. BSE Realty index closed as the major gainer with gains of more than five percentage points , followed by IT Index , which gained by more than two and a half percentage point .On the other hand , Auto index closed as the major loser with losses of nearly half a percentage point. Further, the market breadth closed positive as three stocks were seen advancing for every two declining stocks.
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(source:bseindia.com)

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