Key benchmark indices edged lower in choppy trade as IT major TCS' stock tumbled inspite of healthy result and private sector bank HDFC Bank reported a decline in net interest margin in Q3 December 2013. HDFC Bank dropped in choppy trade. The S&P BSE Sensex, lost 201.56 points or 0.95%, up about 45 points from the day's low and off about 205 points from the day's high. CNX Nifty shut shop at 6261 down by 57 points (-0.91%).
The market breadth, indicating the overall health of the market, was weak. In Nifty50 stocks the advance to decline stands at 18 advances to 32 declines, the market breadth was even more pathetic in Nifty Midcap50 with only 8 advances to 42 declines. All sectors traded in NSE closed in the red with CNX Realty & CNX IT leading the fall , followed by CNXBank
The market breadth, indicating the overall health of the market, was weak. In Nifty50 stocks the advance to decline stands at 18 advances to 32 declines, the market breadth was even more pathetic in Nifty Midcap50 with only 8 advances to 42 declines. All sectors traded in NSE closed in the red with CNX Realty & CNX IT leading the fall , followed by CNXBank
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