Market Watch

Friday, 28 February 2014

Stock Market Alert: Sensex Moves in a Narrow Range

Asian stocks edged up in late trading after a volatile session on Friday, as investors weighed unrest in Ukraine against Federal Reserve Chairwoman Janet Yellen expressing confidence in the strength of the U.S. economy.

Shares in India's Jubilant Life Sciences gain 7.2 percent after the U.S. Food and Drug Administration (FDA) gives a green-light to its pharmaceutical manufacturing facility at Montreal, Canada.

The market breadth, indicating the overall health of the market was negative. The barometer index, the S&P BSE Sensex, was up 76.04 points or 0.36%, off close to 60 points from the day's high and up about 75 points from the day's low.

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