Intraday Summary- Market Synopsis- 28 December, 2011

The markets collapsed further with Sensex and Nifty down one percent each. Index heavyweights like RIL, ICICI Bank and SBI are leading the downfall. The Sensex is currently down by around 140 points at 15735 while Nifty has slumped 47 points to 4704. In the broader market, the mid-cap and small-cap indices maintain the weak trend. Both the indices are down  one percent each. On the sectoral front, Bankex and Metal indices have plunged by almost two percent each. Apart from power, all the major sectoral indices are trading in the red zone. Market breadth has weakened and two stocks are seen advancing against five declines.
(Pic. Source- bseindia.com)