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Friday, 12 December 2014

Closing Summary, Market Synopsis: 12th December, 2014


Equities post broad-based losses: Indian stocks plunged on Friday, dragged mostly by Infra and Oil & Gas stocks. The Nifty closed below the crucial psychological level of 8,250. Key benchmark indices pared early gains and slipped in the negative territory on concerns of global economic recovery. The market breadth indicating the overall health of the market is weak. About 931 shares have advanced, 1982 shares declined, and 102 shares were unchanged.
European stocks fell and trading in US equity index futures pointed to a weak opening of US stocks later in the global day as global crude oil prices fell further after the International Energy Agency cut its 2015 global oil-demand view

Photo: Closing Market Update:
Equities post broad-based losses: Indian stocks plunged on Friday, dragged mostly by Infra and Oil & Gas stocks. The Nifty closed below the crucial psychological level of 8,250. Key benchmark indices pared early gains and slipped in the negative territory on concerns of global economic recovery. The market breadth indicating the overall health of the market is weak. About 931 shares have advanced, 1982 shares declined, and 102 shares were unchanged.
European stocks fell and trading in US equity index futures pointed to a weak opening of US stocks later in the global day as global crude oil prices fell further after the International Energy Agency cut its 2015 global oil-demand view

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