Monday, 21 October 2013

Closing Summary, Market Synopsis: 21st October, 2013

The Indian benchmarks ended the day on a slightly positive note on October 21, 2013. Markets opened with a gap up and soon after touching the high, reversed its direction and slipped. For almost all part of the day except the last hour, they seemed trading in the band. However, towards the last hour, they touched the low and reversed. They almost repeated the earlier high and closed near the high of the day. The market ended volatile trading session on a flat note. The Nifty ended above 6200, up 15.60 points at 6204.95. The Sensex closed up 11.00 points at 20893.89. The midcap index and the small cap index closed in green with the gain of five basis points of a percentage point and eight-tens of a percentage point respectively. On the sectoral front, all the indicies except three closed in green. The Capital Goods Index closed as the biggest gainer with the gain of nearly four and one-fifth of a percentage point. This was followed by the Realty Index which closed with the gain of nearly three percentage points. On the other hand the FMCG Index closed as the biggest loser with the loss of nearly one and a quarter of a percentage point.

Further, the market breadth closed positive as three stocks were seen advancing against two declining stocks.

Photo: Closing Market Update:
The Indian benchmarks ended the day on a slightly positive note on October 21, 2013. Markets opened with a gap up and soon after touching the high, reversed its direction and slipped. For almost all part of the day except the last hour, they seemed trading in the band. However, towards the last hour, they touched the low and reversed. They almost repeated the earlier high and closed near the high of the day. The market ended volatile trading session on a flat note. The Nifty ended above 6200, up 15.60 points at 6204.95. The Sensex closed up 11.00 points at 20893.89. The midcap index and the small cap index closed in green with the gain of  five basis points of a percentage point and eight-tens of a percentage point respectively. On the sectoral front, all the indicies except three closed in green. The Capital Goods Index closed as the biggest gainer with the gain of nearly four and one-fifth of a percentage point. This was followed by the Realty Index which closed with the gain of nearly three percentage points. On the other hand the FMCG Index closed as the biggest loser with the loss of nearly one and a quarter of a percentage point. 

Further, the market breadth closed positive as three stocks were seen advancing against two declining stocks.

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