Friday 7 February 2014

Closing Summary, Market Synopsis: 7th February, 2014

Key benchmark indices edged higher in a choppy trading session. The S&P BSE Sensex, was provisionally up 69.47 points or 0.34%, CNX Nifty shut shop up by 27 points at 6063. Gains in Asian and European stocks and rally in US stocks overnight aided the upmove on the domestic bourses on the last trading session of the week.

The market breadth, indicating the overall health of the market, was positive. In Nifty50 stocks the advances to declines stands at 34 to 16. Sectorwise CNX Metal outperformed (up by 2.61%) the broader market, while CNXIT (down by 0.49%) underperformed the most.

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