Thursday 7 August 2014

Closing Summary, Market Synopsis: 7th August, 2014

Key benchmark indices fell for a second consecutive session on Thursday to its lowest close in nearly a week as IT big boys like TCS, Infy fell after global rival Cognizant cut its annual revenue guidance. Falls also tracked lower global shares as a Russian troop build-up on the border with Ukraine and sanctions between the West and Moscow kept risk appetite in check. The broader Nifty fell 0.3 percent to close at 7,649.25.

The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 27 advances to 22 declines, 1 unchanged.

फ़ोटो: Closing Market Update:

Key benchmark indices fell for a second consecutive session on Thursday to its lowest close in nearly a week as IT big boys like TCS, Infy fell after global rival Cognizant cut its annual revenue guidance. Falls also tracked lower global shares as a Russian troop build-up on the border with Ukraine and sanctions between the West and Moscow kept risk appetite in check. The broader Nifty fell 0.3 percent to close at 7,649.25.

The market breadth, indicating the overall health of the market was negative, in Nifty50 stocks the advances to declines stands at 27 advances to 22 declines, 1 unchanged.

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