Volatility ruled the roost during the last one hour of trade as the key benchmark indices trimmed losses soon after extending intraday losses. The high volatility was triggered by traders rolling over of positions in the futures & options (F&O) segment from the near month January 2014 series to February 2014 series. The January 2014 F&O contracts expired today, 30 January 2014. The BSE Sensex closed down by 149 points at 20498, CNX Nifty shut shop down by 46.55 points at 6074.
The market breadth, indicating the overall health of the market, was weak. In Nifty50 stocks the advances to declines stands at 14 to 35, 1 unchanged. With the exception of CNX Auto, all sectors traded on NSE closed in the red, with CNX PSU Bank (down by over 4%) worst hit.
The market breadth, indicating the overall health of the market, was weak. In Nifty50 stocks the advances to declines stands at 14 to 35, 1 unchanged. With the exception of CNX Auto, all sectors traded on NSE closed in the red, with CNX PSU Bank (down by over 4%) worst hit.
No comments:
Post a Comment