Wednesday 25 June 2014

Closing Summary, Market Synopsis: 25th June, 2014


Key benchmark indices fell on Wednesday for a fifth session in six, with blue-chips such as RIL, ITC, ICIC Bank taking a hit as caution ahead of expiry of June derivatives on Thursday and fears of more violence in Iraq prompted investors to pare positions.CNX Nifty shut shop down by 11 points at 7569. Auto stocks surged in the final minutes of trade after Finance Minister Arun Jaitley told reporters that India had extended excise duty concessions for automobiles, among other sectors.

The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 24 advances to 26 declines.
Photo: Closing Market Update:
 
Key benchmark indices fell on Wednesday for a fifth session in six, with blue-chips such as RIL, ITC, ICIC Bank taking a hit as caution ahead of expiry of June derivatives on Thursday and fears of more violence in Iraq prompted investors to pare positions.CNX Nifty shut shop down by 11 points at 7569. Auto stocks surged in the final minutes of trade after Finance Minister Arun Jaitley told reporters that India had extended excise duty concessions for automobiles, among other sectors. 
 
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 24 advances to 26 declines.

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