Thursday, 4 June 2015

Closing Summary, Market Synopsis: 4 th June, 2015

Markets end lower for four straight day; Nifty holds 8100 levels: Markets ended marginally lower amid volatility extending the fall for fourth straight day dragged by metal and auto shares. However, value buying in financials and index heavyweight Reliance Industries helped cap the downside. The 30-share Sensex closed lower by 23.78 points at 26,813.42 and the 50-share Nifty slipped 4.45 points at 8,130.65. n the currency front, the rupee was trading at 64.09 to the US dollar compared to the previous close after foreign funds turned net sellers in domestic equities tracking overseas gains in the US currency. The India Meteorological Department (IMD) yesterday said that conditions are favourable for onset of southwest monsoon over Kerala during next 48 hours.

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