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Monday, 25 August 2014

Closing Summary, Market Synopsis: 25th August, 2014


The market lost shine in last hour of trade especially after the Supreme Court order on coal block allocation case. The Sensex rallied more than 200 points intraday to hit a new high of 26630.74 but failed to maintain those gains, up 17.47 points to 26437.02 at close. Nifty too erased all its gains but managed to hold the 7900 level, down 6.90 points to 7906.30. The market breadth stands negative with 587 shares advancing against 973 declining shares. On BSE, Mid Cap and Small Cap ended in red with declines of 0.63% and 0.35% respectively.

Photo: Closing Market Update:
The market lost shine in last hour of trade especially after the Supreme Court order on coal block allocation case. The Sensex rallied more than 200 points intraday to hit a new high of 26630.74 but failed to maintain those gains, up 17.47 points to 26437.02 at close. Nifty too erased all its gains but managed to hold the 7900 level, down 6.90 points to 7906.30. The market breadth stands negative with 587 shares advancing against 973 declining shares. On BSE, Mid Cap and Small Cap ended in red with declines of 0.63% and 0.35% respectively.

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