Wednesday, 24 June 2015

Closing Summary, Market Synopsis; 24 th June, 2015

Markets snap 8 days winning streak as Greek Debt drama continues: Markets ended lower, snapping their eight-day winning streak, amid profit taking in late trades on reports that the new proposal presented by Greece to avoid debt default was not acceptable to the creditors. Further, investors have turned cautious ahead of the June derivative contracts set to expire tomorrow. The 30-share Sensex ended lower by 74.70 points at 27,729.67 and the 50-share Nifty dipped 20.70 points at 8,360.85. In the currency front, the Indian rupee was trading lower at 63.65 to the US dollar compared to the previous close of 63.63.

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