The market ended at record closing high on expiry of January
F&O series. The Nifty ended at 8952, up 38.05 points while the Sensex was
up 122.59 points at 29681.77. Volatility ruled the roost as the key benchmark
indices once again weakened after erasing almost entire intraday losses in
mid-afternoon trade. The barometer index, the S&P BSE Sensex, was currently
off 93.39 points or 0.32% at 29,465.79.
The market breadth indicating the overall health of the
market was negative. Indian stocks may remain volatile during the last one hour
or so of the trading session as traders roll over positions in the futures
& options (F&O) segment from the near month January 2015 series to
February 2015 series.The CNX Nifty was down 33.50 points or 0.38% at
8,880.80. The index hit a low of 8,861.25 in intraday trade, its lowest level
since 27 January 2015. The index hit a high of 8,907.85 in intraday trade.
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