Market Pulse - 21 Nov, 2013
Markets after opening weak as continued to slide down and closed near day's low as miutes of US Federal Reserve's signals the US stimulus may end sooner than expected. The S&P BSE Sensex fell by 406.08 points or 1.97% at 20,229.05. It touched a high of and a low of. The CNX Nifty also declined by 123.85 points or 2.02% at 5,999.05. It touched a high of 6,097.35 and a low of 5.985.40 in the intraday.
Today all the sectroal indices closed weak, leading the list was Bankex index dropping by 2.49% followed by indices such as Capital Goods, Realty, Power and PSU declining between 2.4-2%. FMCG, Metal, Oil & Gas, IT, Consumer Durables, Healthcare and Auto also declining between 2-1% resspectively. Even broader market slipped in line with benchmark index with Mid-cap index felling by 1.18% and Small-cap index declining by 0.91% respectively.
There was not a single index share gaining today. Among the index losers Sesa Sterlite and HDFC dropped by 3.91% and 3.61%, followed by L&T, BHEL, NTPC, Sun Pharma, ITC, Tata Power, Jindal Steel, ONGC, ICICI Bank, Bajaj Auto, SBI, HDFC Bank, Reliance Industries, TCS, Bharti Airtel, Infosys, Cipla, Coal India, Hindalco Inds and Hindustan Unilever all declining between 3-1%. Wipro, Gail (India) and Hero MotoCorp were some of the other losers.
The overall market breadth was firm negative with 1,569 shares declining as compared to 895 shares advancing while 147 shares remained unchanged.
Tags - Market Pulse, Stock Market Pulse
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