Tuesday 4 March 2014

Closing Summary, Market Synopsis: 4th March, 2014

Key benchmark indices edged higher on easing tensions between Ukraine and Russia after Russian troops reportedly were ordered back to their bases. The S&P BSE Sensex, settled above the psychological 21,000 mark. The BSE Sensex and the 50-unit CNX Nifty, both, settled at their highest level in 5-1/2 weeks. CNXNifty50 shut shop at 6298 up by 76.5 points.The market sentiment was boosted by data showing that foreign funds remained net buyers of Indian stocks on Monday, 3 March 2014. Foreign institutional investors (FIIs) bought shares worth a net Rs 198.53 crore on Monday, 3 March 2014, as per provisional data from the stock exchanges.

The market breadth, indicating the overall health of the market , was positive. In Nifty50 stocks the advance to declines stands at 46 to 4. Barring CNXIT & CNX Pharma, all sectors traded in NSE closed in the green.
Photo: Closing Market Update:
Key benchmark indices edged higher on easing tensions between Ukraine and Russia after Russian troops reportedly were ordered back to their bases. The S&P BSE Sensex, settled above the psychological 21,000 mark. The BSE Sensex and the 50-unit CNX Nifty, both, settled at their highest level in 5-1/2 weeks. CNXNifty50 shut shop at 6298 up by 76.5 points.The market sentiment was boosted by data showing that foreign funds remained net buyers of Indian stocks on Monday, 3 March 2014. Foreign institutional investors (FIIs) bought shares worth a net Rs 198.53 crore on Monday, 3 March 2014, as per provisional data from the stock exchanges.
 
The market breadth, indicating the overall health of the market , was positive. In Nifty50 stocks the advance to declines stands at 46 to 4. Barring CNXIT & CNX Pharma, all sectors traded in NSE closed in the green.

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