Tuesday, 30 December 2014

Closing Summary, Market Synopsis: 30th December, 2014

Markets end flat; Oil stocks drag: Due to thin trade volume in festive season, the market has once again ended flat. The Sensex ended up 7.81 points at 27403.54 and the Nifty was up 1.95 points at 8248.25. The market breadth indicating the overall health of the market turned positive from negative in late trade.
Oil exploration stocks declined as lower crude oil prices would result in lower realizations from crude sales for oil exploration firms. In the foreign exchange market, the rupee edged higher against the dollar in choppy trade.

Photo: Closing Market Update:
Markets end flat; Oil stocks drag: Due to thin trade volume in festive season, the market has once again ended flat. The Sensex ended up 7.81 points at 27403.54 and the Nifty was up 1.95 points at 8248.25. The market breadth indicating the overall health of the market turned positive from negative in late trade.
Oil exploration stocks declined as lower crude oil prices would result in lower realizations from crude sales for oil exploration firms. In the foreign exchange market, the rupee edged higher against the dollar in choppy trade.

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