Tuesday, 20 May 2014

Closing Summary, Market Synopsis: 20th May, 2014

Key benchmark indices eked out small gains after witnessing high intraday volatility. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, attained record closing high. CNX Nifty shut shop at record high level of 7275.5 up by 12 points. The BSE Mid-Cap index was up more than 1.5%. The BSE Small-Cap index was up more than 3%. Both these indices outperformed the Sensex.

The rally is now also covering smaller companies, sending the NSE midcap index to its second consecutive record high on Tuesday. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 25 each.

Photo: Closing Market Update:
Key benchmark indices eked out small gains after witnessing high intraday volatility. The barometer index, the S&P BSE Sensex, and the 50-unit CNX Nifty, both, attained record closing high. CNX Nifty shut shop at record high level of 7275.5 up by 12 points. The BSE Mid-Cap index was up more than 1.5%. The BSE Small-Cap index was up more than 3%. Both these indices outperformed the Sensex.

The rally is now also covering smaller companies, sending the NSE midcap index to its second consecutive record high on Tuesday. The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 25 each.

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