Wednesday 22 January 2014

Sensex, Nifty end at 2014 highs

Stock market in India extended its gains for the third straight trading session with the benchmark indices ending at calendar year closing high. The Pharma, metals, realty and the power stock led for the front even the mid-cap and the small-cap stocks participated.  

On the other hand, capital goods and the FMCG stock were under pressure.The banking stocks remained uncertain as traders and investors preferred to remain on the sidelines ahead of the RBI monitory policy meet scheduled to be held on 28 January.

Finally, BSE Sensex closed at 21,337 up 86 points, while NSE Nifty closed at 6,339 up 25 points over the previous close.

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