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Wednesday, 10 April 2013

Closing Summary, Market Synopsis: 10th April, 2013


The Indian benchmarks ended on a positive note on April 10, 2013. After opening stable on the back of strong international cues, benchmarks yo-yoed in both the negative as well as positive zone. However, in the second half, they took a definite upside turn. Still the under current was cautious as the market was lacking trigger for a sustainable trend. All these led the Sensex to close at the level of 18414.15 i.e. up by 187.97 points and the Nifty to close at the level of 5558.7 i.e. up by 63.60 points. The midcap index and the small cap index closed in green with the gain of half a percentage point and marginal gain of one basis point of a percentage point respectively. On the sectoral front, all the indicies, except one closed in green. Teck Index was the biggest gainer with the gain of two and one-tenth of a percentage point. This was followed by IT Index which closed with the gain of slightly more than two percentage point. On the other hand FMCG Index closed as the only looser with the loss of four-tenth of a percentage point.

Further, the market breadth closed neutral as one stock was seen advancing against each declining stock
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