The Indian benchmarks ended on a weak note on February 8, 2013. After opening at the similar levels as that of previous day’s close, market moved in a band in the early hours of trade , but with negative bias. It made several attempts to breach the lower support but could not do so in the first part of the trade. But towards the end of the day , in last half an hour, benchmarks dropped sharply on the back of sustained selling. This led the Sensex to close at the level of 19484.77 i.e. down by 95.55 points and the Nifty to close at the level of 5903.5 i.e. down by 35.30 points. The midcap index and the small-cap index closed in red with the loss of three-forth of a percentage point and nearly one percentage point respectively. On the sectoral front the indices closed mixed but with negative bias . IT Index closed as the biggest gainer with the gains of eight -tenth of a percentage point. This was followed by Teck Index which closed with the gain of seven -tenth of a percentage point. On the other hand Metal Index and PSU Index closed as the biggest loosers with the loss of one and seven-tenth of a percentage point and one and a quarter of a percentage point respectively.
Further, the market breadth closed negative as two stocks were seen advancing for five declining stocks.
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