Monday, 23 December 2013

Closing Summary, Market Synopsis: 23rd December, 2013

Key benchmark indices eked out marginal gains after witnessing high volatility during the last one hour or so of the trading session. CNX Nifty closed up by 10.25 points at 6284.5. The market breadth, indicating the overall health of the market, was strong, in Nifty50 stocks the advance to declines stood at 32 advances to 16 declines, 2 stocks remained unchanged. Sector wise CNX Realty is the top gainers & CNXIT the top loser in today’s market.

Shares of a number of small-cap and mid-cap companies rose for the second day in a row, boosted by stock market regulator Securities and Exchange Board of India's (Sebi) announcement on 19 December 2013 that it has decided to rationalize the rules on trading of thinly-traded stocks. BSE Small-Cap and Mid-Cap indices were up more than 1% each, with both these indices outperforming the Sensex.

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