Tuesday, 24 December 2013

Closing Summary, Market Synopsis: 24th December, 2013

The Indian benchmarks ended the day on a negative note on December 24, 2013. The indexes opened flat and the opening itself was near the high. Indexes moved in a very narrow range in the first half and it was in the second half that some wider movement took place. At the end they closed weaker. Thus It was another range bound session for the market on Tuesday ahead of December derivative contracts expiry. The Sensex lost 68.32 points to 21,032.71, and the Nifty fell 16.10 points to 6268.40 while the BSE Midcap gained 0.5 percent and Smallcap soared a percent. Bhel, Bajaj Auto, Dr Reddy, L&T and NTPC were top gainers in the Sensex. On the losing side were Tata Power, SSLT, Wipro, Sun Pharma and Hero Motor. On the sectoral front, indexes closed mixed. The Capital Goods Index closed as the biggest gainer with the gains of two-third of a percentage point. On the other hand the Metal Index closed as the biggest loser with a loss of slightly more than one percentage point.

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

No comments:

Post a Comment