Monday 21 January 2013

Market Synopsis: 21st January, 2013



The Indian market ended on a firm note on January 21, 2013. The day had started with a gap up in Indian benchmarks and then they consolidated in a narrow range for the first part of the day. Relinace’s better than expected results of third quarter and spice jet’s declaration of coming in black in third quarter performance boosted the sentiment. This led the Sensex to close at the level of 20101.82 i.e.up by 62.78 points and the Nifty to close at the level of 6082.30 i.e. up by 17.90 points. The midcap index and the small cap index closed marginally in positive . On the sectoral front, the indices closed mixed. Capital Goods index closed as the major gainer with gains of nearly one and a half percentage point, followed by Oil & Gas Index , which gained by more than one and a quarter percentage point. On the other hand, Realty index closed as the major loser with losses of a more than one and a quarter percentage point.

Further, the market closed slightly negative as seven stocks were seen advancing for every eight declining stocks. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118


(picsource:bseindia.com)

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