The Indian benchmarks ended the day on a flat note on January 16, 2014. The indexes opened flat and the high of the day was made almost within few minutes. Then indexes started drifting downward and moved in a band. The market closed on a flat note but Nifty managed to hold the 6300-level. The Sensex was down 24.31 points at 21265.18, and the Nifty ended at 6318.90, down 2.00 points. The BSE Midcap index and the BSE Small Cap Index closed in red with the loss of nearly one- tenth of a percentage point and quarter of a percentage point respectively. The top five sensex gainers were Coal India, Hindalco Ind, Wipro, HDFC & BHEL. While, on the losing side, top losers were Bharti Airtel, Tata Motors, Sun Pharma, ONGC & Cipla . On the sectoral front, indexes traded mixed. The BSE Metal Index closed as the biggest gainer with the gain of one and three-forth of a percentage point. On the other hand the BSE Auto Index closed as the biggest looser with the loss of nearly nine-tens of a percentage point.
Further, the market breadth closed negative as three stocks were seen advancing against four declining stocks.
Further, the market breadth closed negative as three stocks were seen advancing against four declining stocks.
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