Key benchmark indices edged lower as investors turned cautious ahead of beginning of the 9-phase Lok Sabha elections on Monday, 7 April 2014. The S&P BSE Sensex hit lowest closing level in one week. The 50-unit CNX Nifty hit over one-week low to close at 6694(closing below the psychological level of 6700) down by 42 points. Foreign investors have been heavy buyers of Indian shares, adding $119.11 million worth of cash shares on Thursday, and bringing the total since February end to nearly $3.5 billion.
The market breadth, indicating the overall health of the market, was positive,but in Nifty50 stocks the advances to declines stands at 15 advances to 35 declines.
The market breadth, indicating the overall health of the market, was positive,but in Nifty50 stocks the advances to declines stands at 15 advances to 35 declines.
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