The Indian benchmarks ended on a flat note on March 4, 2013, 2013. After opening lower compared to previous trading day’s close, initially, benchmarks lost ground but soon found support at lower levels. Then what followed was a sideward movement with positive bias. Only towards the last hour, did the benchmarks gain some momentum. Some pressure from European cues also influenced already weak Indian markets. All these led the Sensex to close at the level of 18877.96 i.e. down by 40.56 points and the Nifty to close at the level of 5698.5 i.e. down by 21.20 points. The midcap index and the small-cap index closed in red with the loss of one and one-third of a percentage point and one and nine-tenth of a percentage point respectively. On the sectoral front ,except Banking Index, all the indices closed in red. Banking Index closed as the sole gainer with the gains of more than quarter of a percentage point. On the other hand Metal Index closed as the biggest looser with the loss of more than two and half a percentage point. This was followed by Realty Index, which closed with the loss of two and quarter of a percentage point.
Further, the market breadth closed in negative as one stock was seen advancing against three declining stocks.
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