Daily Market closing technical review

The Sensex closed at 17700, up 68 points from its previous close, and Nifty shut shop at 5303, up 40 points. The CNX Midcap index was up 0.01% and the BSE Smallcap index was down 0.3%. The market breadth was negative with advances at 550 against declines of 740 on the NSE.

The BSE Sensex gained 68.50 points or 0.39% to settle at 17,700.91 (Provisional). The index touched a high and a low of 17,812.44 and 17,469.97 respectively (Provisional). The advancing and declining stocks were evenly distributed on the index.

The S&P CNX Nifty rose 56.05 points or 1.07% to settle at 5318.75 (Provisional). The index touched a high and a low of 5338.20 and 5232.75, respectively (Provisional). 33 stocks advanced against 17 declining ones on the index.

Source- Stock Future & Option Blog

In today's market closing session nifty and sensex closed on a positive note whereas bank nifty closed on negative and it was low by almost 94 points then its previous close. It is essential to learn about market closing updates as helps in predicting market's next possible movements .