Wednesday, 21 May 2014

Closing Summary, Market Synopsis: 21st May, 2014

The broad market continued to depict strength even as the two key benchmark indices the edged lower in choppy trade. But key benchmark indices fell on Wednesday, snapping a four-session winning streak as blue-chips stocks fell, a day after foreign investors turned net sellers for the first time in about a month. The benchmark BSE Sensex provisionally closed 0.32 percent lower, while the broader Nifty lost 0.31 percent, retreating from record closing highs on Tuesday.

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.

Photo: Closing Market Update :
The broad market continued to depict strength even as the two key benchmark indices the edged lower in choppy trade. But key benchmark indices fell on Wednesday, snapping a four-session winning streak as blue-chips stocks fell, a day after foreign investors turned net sellers for the first time in about a month. The benchmark BSE Sensex provisionally closed 0.32 percent lower, while the broader Nifty lost 0.31 percent, retreating from record closing highs on Tuesday.

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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