Monday, 13 October 2014

Closing Summary, Market Synopsis: 13th October, 2014

Key benchmark indices posted its biggest fall in 2-1/2 weeks on Friday, as blue-chips continued to be hit by concerns that weaker global markets would dent demand from foreign investors, although Infosys Ltd surged after earnings beat estimates. The benchmark Sensex closed down 1.28 percent at 26,297.38, declining for the fourth session in the past five. The index fell 1.02 percent for the week. The broader Nifty fell 1.26 percent to close at 7,859.95, falling 1.1 percent in the week.

The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 11 advances to 39 declines

Photo: Closing Market Update:

Key benchmark indices posted its biggest fall in 2-1/2 weeks on Friday, as blue-chips continued to be hit by concerns that weaker global markets would dent demand from foreign investors, although Infosys Ltd surged after earnings beat estimates. The benchmark  Sensex closed down 1.28 percent at 26,297.38, declining for the fourth session in the past five. The index fell 1.02 percent for the week. The broader Nifty fell 1.26 percent to close at 7,859.95, falling 1.1 percent in the week.

The market breadth indicating the overall health of the market was negative in Nifty50 stocks, the advance to decline stood at 11 advances to  39 declines

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