Thursday 20 February 2014

Closing Summary, Market Synopsis : 20th February, 2014

Photo: Closing Market Update :
Key benchmark indices fell today  to snap four consecutive sessions of gains as blue-chips including ICICI Bank were hit by profit-taking after regional markets were hit by a survey painting a grim picture of China's manufacturing sector. CNX Nifty shut shop down 61.3 points (-1.0%) at 6091.45 level, BSE Sensex closed 0.9 percent lower at 20537.
 
The market breadth, indicating the overall health of the market, was negative. In Nifty50 stocks the advances to declines stands at dismal 9 to 41. All sectors traded on NSE barring CNX Pharma & CNX Media closed in the red with CNX PSU Bank (down by 1.95%) the worst hit.
Key benchmark indices fell today to snap four consecutive sessions of gains as blue-chips including ICICI Bank were hit by profit-taking after regional markets were hit by a survey painting a grim picture of China's manufacturing sector. CNX Nifty shut shop down 61.3 points (-1.0%) at 6091.45 level, BSE Sensex closed 0.9 percent lower at 20537.

The market breadth, indicating the overall health of the market, was negative. In Nifty50 stocks the advances to declines stands at dismal 9 to 41. All sectors traded on NSE barring CNX Pharma & CNX Media closed in the red with CNX PSU Bank (down by 1.95%) the worst hit.

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