Wednesday 28 May 2014

Closing Summary, Market Synopsis: 28th May, 2014

Key benchmark indices eked out small gains after moving in a narrow range during the trading session. As per provisional figures, BSE Sensex was up 16.28 points or 0.07% to 24,565.79, CNX Nifty shut shop at 7329.65 up by 11.65 points. The BSE Mid-Cap index was up 33.89 points or 0.4% at 8,463.09. The BSE Small-Cap index was up 145.17 points or 1.63% at 9,028.82. Both these indices outperformed the Sensex. Shares of private sector banks edged higher. PSU bank stocks declined. IT stocks rose on good US economic data.

The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 28 advances to 22 declines.

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