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Thursday, 5 February 2015

Closing Summary, Market Synopsis: 5th February, 2015

Markets end lower for the fifth straight session: Benchmark share indices ended lower, amid a volatile trading session, weighed down by profit taking in ICICI Bank and Tata Power. Markets extended losses for fifth straight session and closed at two-week low as Greece concerns hit global markets. The European markets fell after the European Central Bank stopped accepting Greece bonds. The market breadth indicating the overall health of the market was negative. The Sensex ended lower by 32.1 points at 28850.9 and the Nifty was down 12 points at 8711.7. The Indian rupee is trading lower at 61.77 to the US dollar compared to previous close of 61.75 as demand for greenback was high due to adverse trend in FII flows.

Photo: Closing Market Update:
Markets end lower for the fifth straight session: Benchmark share indices ended lower, amid a volatile trading session, weighed down by profit taking in ICICI Bank and Tata Power. Markets extended losses for fifth straight session and closed at two-week low as Greece concerns hit global markets. The European markets fell after the European Central Bank stopped accepting Greece bonds. The market breadth indicating the overall health of the market was negative. The Sensex ended lower by 32.1 points at 28850.9 and the Nifty was down 12 points at 8711.7. The Indian rupee is trading lower at 61.77 to the US dollar compared to previous close of 61.75 as demand for greenback was high due to adverse trend in FII flows.

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