29 January, 2014

Market Pulse - 29 Jan, 2014 - Stock Market Pulse

Market Pulse - 29 Jan, 2014

Market Pulse 29 Jan 2014
Markets closed flat with negative bias ahead of the future expiry contracts. After opening firm in the morning, it continued trade lower amid a volatile trading sessions. The S&P BSE Sensex closed down by 36.21 points or 0.18%. at 20,647.30. It touched a high of 20,828.68 and a low of 20,613.62. The CNX Nifty closed almost flat with negative bias down by 6 points or 0.10% at 6,120.25. It touched a high of 6,170.45 and a low of 6,109.80 intraday.

Among the sectoral indices, Capital Goods index surged nearly 1%. Healthcare index also gained by 0.76%. Auto and IT were the other sectoral indices mananging to close with gains. While Metal index dropped by 1.35% and Consumer Durables and Bankex slipped by 0.8-0.6%. Power, Oil & Gas and FMCG index closed almost with negative bias. However the broader market closed mixed today. Mid-cap index gained by 0.15% and Small-cap index slipped by 0.26% respectively.

In the index gainers list Maruti Suzuki spurted by over 7%. BHEL surged by nearly 4% and Hero MotoCorp rose by nearly 3%. Axis Bank, Sun Pharma, Cipla Limited and Infosys gained between 2-1%. L&T, Wipro Limited and Coal India also advanced between 1-0.5% respectively. Gail (India), ONGC, HDFC Bank Ltd and Dr Reddys Lab were the other gainers on the list.

Among the index losers list, Sesa Sterlite dropped over by 3% followed by Tata Steel Limited slipping by 2.21%. Hindalco Industries, ICICI Bank Limited, Bajaj Auto, Bharti Airtel, State Bank of India, Mahindra & Mahindra, Tata Motors Ltd and Reliance Industries declined between 2-1% each. HDFC, ITC, NTPC, Tata Power, Tata Consultancy Services and Hindustan Unilever too closed weak today.

Overall market breadth ended negative. Out of 2740 shares traded 1361 shares declined 1236 shares advanced. While 143 shares remained unchanged.

Tags - Market Pulse, Stock Market Pulse

Market Pulse - 29 Jan, 2014
http://www.stockmarketpulse.net/2014/01/29/market-pulse-29-jan-2014/

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