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Tuesday, 15 April 2014

Closing Summary, Market Synopsis: 15th April, 2014


Key benchmark indices fell for a second consecutive session today, with Nifty marking its biggest fall since March 3, as interest-rate sensitive shares such as HDFC fell after wholesale inflation accelerated more than expected. The wholesale price index (WPI) in March rose a much faster-than-expected 5.70 percent from a year earlier, marking a three-month high and coming well above the 5.30 percent increase forecast by economists.

CNX Nifty shut shop at 6733, down by 43 points (-0.64%). The market breadth, indicating the overall health of the market, was negative, but in Nifty50 stocks the advances to declines stands at 12 advances to 38 declines.

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