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Wednesday, 19 February 2014

Closing Summary, Market Synopsis: 19th February, 2014

Key benchmark indices edged higher after the Reserve Bank of India after trading hours on Tuesday, 18 February 2014, said it will conduct term repo auctions in March 2014 to address liquidity tightness in the banking system. The S&P BSE Sensex, and the 50-unit CNX Nifty, both, settled at their highest level in more than 3-1/2 weeks, CNX Nifty closed at 6153 up by 25 points. The market breadth, indicating the overall health of the market was positive. In Nifty50 stocks the advances to declines stands at 27 advances to 23 declines. Sectorwise CNXIT was the outperformer (up by 1.50%) in NSE.

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