4 February 2014

MID DAY NIFTY UPDATE

Indices trimmed intraday losses in mid-morning trade. The barometer index, the S&P BSE Sensex, regained the psychological 20,000 mark. The Sensex was down 152.68 points or 0.76%, up close to 105 points from the day's low and off about 35 points from the day's high. Nifty was down 42.40 points or 0.71% to 5,959.40. The index hit a low of 5,933.30 in intraday trade...

 The market breadth, indicating the overall health of the market was weak. Indian stocks fell today, 4 February 2014, as weakness in Asian stocks and a sharp decline in US stocks on Monday, 3 February 2014, hit sentiment on the domestic bourses adversely. The market sentiment was also affected adversely by data showing that foreign funds remained net sellers of Indian stocks on Monday, 3 February 2014
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