Closing Market Update:
Key benchmark indices settled marginally lower amid a choppy trading session. CNX Nifty shut shop at 6692.95 down by 3.45 points; the Sensex provisionally closed 0.06 percent lower to 22,403.89. Sentiment remained broadly cautious as the country awaits election results due in mid-May, with the Nifty ending down 1.48 percent for the week, its biggest weekly fall in three months.
The market breadth, indicating the overall health of the market was positive, but in Nifty50 stocks the advances to declines stands at 23 advances to 27 declines. Shares in metal companies were down. Auto companies also lost ground, bucking the trend, technology stocks gained with TCS rising 0.88 percent and Infy ending 1.22 percent higher.
Key benchmark indices settled marginally lower amid a choppy trading session. CNX Nifty shut shop at 6692.95 down by 3.45 points; the Sensex provisionally closed 0.06 percent lower to 22,403.89. Sentiment remained broadly cautious as the country awaits election results due in mid-May, with the Nifty ending down 1.48 percent for the week, its biggest weekly fall in three months.
The market breadth, indicating the overall health of the market was positive, but in Nifty50 stocks the advances to declines stands at 23 advances to 27 declines. Shares in metal companies were down. Auto companies also lost ground, bucking the trend, technology stocks gained with TCS rising 0.88 percent and Infy ending 1.22 percent higher.
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