Friday, 4 July 2014

Closing Summary, Market Synopsis: 4th July, 2014

Key benchmark indices edged higher in the week ended Friday, 4 July 2014. Expectations of a growth oriented Budget and decline in crude oil prices triggered gains on the bourses. The broader Nifty ended 0.48 percent higher at record 7,751.60, gaining 3.2 percent this week. The BSE Sensex closed 0.54 percent higher at record 25,962.06. It gained 3.4 percent this week after falling in the previous three weeks.

The market breadth, indicating the overall health of the market was positive, but in Nifty50 stocks the advances to declines stands at 26 advances to 24 declines, 1 unchanged.

Photo: Closing Market Update:

Key benchmark indices edged higher in the week ended Friday, 4 July 2014. Expectations of a growth oriented Budget and decline in crude oil prices triggered gains on the bourses. The broader Nifty ended 0.48 percent higher at record 7,751.60, gaining 3.2 percent this week. The BSE Sensex closed 0.54 percent higher at record 25,962.06. It gained 3.4 percent this week after falling in the previous three weeks.

The market breadth, indicating the overall health of the market was positive, but in Nifty50 stocks the advances to declines stands at 26 advances to 24 declines, 1 unchanged.

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