Key benchmark indices rose to record highs for a fourth straight session on Thursday, as state-run lenders including State Bank of India (SBI) extended recent gains on broker upgrades and on hopes of some easing at the central bank's policy review on Tuesday (1st April, 2014). Higher rollovers on an absolute basis coupled with high roll cost during the expiry of March derivative contracts also lent support and indicates market participants are bullish for the April series, CNX Nifty shut shop at 6641.75 (up by 40 points).
The market breadth, indicating the overall health of the market, was positive, in Nifty50 stocks the advances to declines stands at 35 advances to 15 declines.
The market breadth, indicating the overall health of the market, was positive, in Nifty50 stocks the advances to declines stands at 35 advances to 15 declines.
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