18 March 2014

MID-SESSION UPDATES FOR NIFTY

Nifty  trimmed gains after hit record high in early trade. The Sensex fell below the psychological 22,000 mark after hitting record high above that mark in early trade. The Sensex was up 188.51 points off close to 40 points from the day's high and up about 150 points from the day's low. The market breadth, indicating the overall health of the market, was strong. The BSE  was up more than 1%. Except the BSE IT index, all the other sectoral indices on BSE were in the green.
The market sentiment was boosted by data showing that foreign institutional investors (FIIs) remained net buyers of Indian stocks on Friday, 14 March 2014. Gains in Asian stocks also boosted sentiment on the domestic bourses.

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