Wednesday, 6 November 2013

Closing Summary, Market Synopsis: 6th October, 2013

The Indian benchmarks ended the day on a negative note on November 6, 2013. Markets opened in a flat territory and soon touched the high of the day. Then indicies moved down throughout the day and even breached yesterday’s lows. The selling continued even in the last hour of trade. It has been a very unsteady market as it succumbed to profit booking pressure. The Sensex was down 79.85 points to end at 20894.94. The Nifty closed at 6215.15, down 38.00 points. The midcap index and the small cap index closed mixed. The Mid cap index closed in red with the loss of seventeen basis points of a percentage point .While the Small cap index closed in green with the gain of three-fourth of a percentage point . On the sectoral front, all the indicies except four, closed in red. The IT Index closed as the biggest gainer with the gain of nearly one and four-tens of a percentage point. On the other hand the Consumer Durables Index closed as the biggest loser with the loss of nearly two and one-fifth of a percentage point. This was followed by the Bank Index which closed with the loss of one and nine-tens of a percentage point.

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