The Indian benchmarks ended the day on a slightly negative note on May 29, 2013. After opening flat, they started drifting downward but found support in the last hour of trade and reversed to close at slightly lower level than the previous day. The market is expected to be volatile in near term, depending on global liquidity flows. There is still uncertainty over the US Federal Reserve's stance on the monetary stimulus it has been providing in the form of bond purchases. The traders are also watchful as derivative trading for May also expires tomorrow. All these led the Sensex to close at the level of 20147.64 i.e. down by 13.18 points and the Nifty to close at the level of 6104.30 i.e. down by 6.95 points. The midcap index and the small cap index closed in red with the loss of nearly four-tens of a percentage point and sixteen basis points of a percentage point respectively. On the sectoral front, the indices closed mixed. The Healthcare Index was the biggest gainer with the gain of one and eight-tens of a percentage point. This was followed by the Consumer Durables Index which closed with the gain of eight-tens of a percentage point. On the other hand the Realty Index closed as the biggest looser with the loss of nearly two and half percentage point.
Further, the market breadth closed negative as three stocks were seen advancing against five declining stocks.
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