The Indian benchmarks ended on a flat note on March 22, 2013 as they closed at the similar level as that of Thursday. However, benchmarks extended their loss to sixth consecutive day. The mood was also cautious on escalating worries about whether Cyprus will be able to strike a bailout deal with lenders before the Monday deadline or not. Again, back home foreign fund flows have slowed down considerably this month. These led the Sensex to close at the level of 18735.60 i.e. down by 57.27 points and the Nifty to close at the level of 5651.35 i.e. down by 7.40 points. The midcap index and the small cap index closed in red with the loss of quarter of a percentage point and nearly one percentage point respectively. On the sectoral front the indicies closed mixed. Consumer Durables Index was the biggest looser with the loss of more than two percentage point. This was followed by Realty Index which closed with the loss nearly one and one-third of a percentage point. On the other hand Power Index closed as the biggest gainer with the gain of more than quarter of a percentage point.
Further, the market breadth closed negative as one stock was seen advancing against two declining stocks.
Further, the market breadth closed negative as one stock was seen advancing against two declining stocks.
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