Monday 20 January 2014

Closing Summary, Market Synopsis: 20th January, 2014

Key benchmark indices edged higher on first trading day of the week after Reserve Bank of India (RBI) announced Open Market Operations to ease the strain on liquidity in the banking system. The BSE Sensex, garnered 141.43 points or 0.67%, off 16.32 points from the day's high and CNX Nifty shut shop up by 42 points (0.68%) ay 6304.

The market breadth, indicating the overall health of the market, once again turned positive from negative in late trade. In Nifty50 stocks the advances to declines stood at 29 advances to 21 declines. Sectorwise in NSE, CNXIT was the top performer (up by 2.73%) whereas CNX Energy was the top laggard (down by 0.75%).

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