Market Watch

Tuesday 11 March 2014

Afternoon Highlights of Stock Market

•About of volatility was witnessed as key benchmark indices trimmed losses after hitting fresh intraday low in afternoon trade.
India's broader NSE index falls 0.4 percent, retreating further after hitting a record high at 6,562.85 earlier in the day.
The barometer index, the S&P BSE Sensex, was down 81.14 points or 0.37%, off close to 165 points from the day's high and up about 42 points from the day's low.
•Auto stocks were mixed. Godrej Properties rose after the company said it has entered into an agreement with Godrej & Boyce (G&B) to develop a new project on the latter's property on the Eastern Express Highway, Vikhroli, Mumbai.
Shares of state-run iron ore miner NMDC fell after the company unveiled its iron ore production and despatches data for the 11 months ended February 2014.
•The market breadth, indicating the overall health of the market was negative.





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