Lull after the storm? Markets see first weekly loss in a month

May 31 2014, 12:25 IST
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The market is seen taking a breather as the Street awaits confirmed policy reforms from the Narendra Modi government. The market is seen taking a breather as the Street awaits confirmed policy reforms from the Narendra Modi government.
SummaryOn Friday, 30-share BSE Sensex ended flat, lower by 16 points, or 0.07%, to 24,217.

and 0.74%,

respectively.

Back home, 18 of the 30 Sensex stocks ended in the red on Friday. In the broader market, breadth was marginally strong with 1,545 stocks traded on the BSE ending higher compared with 1,442 declines. Most of the 13 BSE sectoral indices ended in the green. The BSE Healthcare and BSE Realty gained more than 2% each. Among the losers, BSE Bankex and BSE Consumer Durables indices declined by 1.6% and 1.8%, respectively.

India VIX, a volatility indicator, declined further on Friday by 2.1% to 16.33, indicating low levels of volatility for the market in the next 30 trading sessions.

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