Friday, 5 September 2014

Closing Summary, Market Synopsis: 5th September, 2014

Key benchmark indices fell for a second straight session on Friday as profit-taking after a string of records earlier this week, while foreign investor sales in equity derivatives also weighed. Overseas investors sold index futures worth 5.91 billion rupees ($97.9 million) and stock futures worth 6.77 billion rupees on Thursday, exchange data showed. The broader Nifty lost 0.11 percent, or 9.10 points, to end at 8,086.85. It rose 1.7 percent for the week.
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 for a second straight session on Friday as profit-taking after a string of records earlier this week, while foreign investor sales in equity derivatives also weighed. Overseas investors sold index futures worth 5.91 billion rupees ($97.9 million) and stock futures worth 6.77 billion rupees on Thursday, exchange data showed. The broader Nifty lost 0.11 percent, or 9.10 points, to end at 8,086.85. It rose 1.7 percent for the week.
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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