Thursday 19 June 2014

Closing Summary, Market Synopsis: 19th June, 2014

Photo: Closing Market Update:
Benchmark as well as broader indices fell for the second consecutive session on Thursday amid rising tension in Iraq and further tapering by Federal Reserve. The Sensex fell 44.45 points to close at 25201.80 while the Nifty held 7500 level amid pressure, down 17.50 points to 7540.70 after hitting an intraday low of 7502.55. The BSE Midcap and Smallcap indices were down 0.4 percent and 0.3 percent, respectively. On sectoral front, BSE Oil and Gas sector lost most of the ground, plunged over 3% while BSE Teck was top performing sectors among the group and rest of the sectors closed mixed.
 Further, the market breadth stands negative with 662 shares advancing against the 865 declining shares.
Benchmark as well as broader indices fell for the second consecutive session on Thursday amid rising tension in Iraq and further tapering by Federal Reserve. The Sensex fell 44.45 points to close at 25201.80 while the Nifty held 7500 level amid pressure, down 17.50 points to 7540.70 after hitting an intraday low of 7502.55. The BSE Midcap and Smallcap indices were down 0.4 percent and 0.3 percent, respectively. On sectoral front, BSE Oil and Gas sector lost most of the ground, plunged over 3% while BSE Teck was top performing sectors among the group and rest of the sectors closed mixed.
Further, the market breadth stands negative with 662 shares advancing against the 865 declining shares.

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