Wednesday, 20 August 2014

Closing Summary, Market Synopsis: 19th August, 2014

Key benchmark indices rose to their second consecutive record high on Tuesday as blue-chips such as Tata Motors, ICICI Bank gained on positive institutional inflows, while oil retailers surged after Brent crude prices hovered near 14-month lows. The broader Nifty rose as much as 0.56 percent to 7,918.55, while the benchmark BSE Sensex gained as much as 0.53 percent to 26,530.67, surpassing their previous all-time highs hit on Aug. 18.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 37 advances to 13 declines.

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