Tuesday 27 December 2011

Morning Summary- Market Synopsis- 26 December, 2011

Good Morning Everyone,
The Indian equity indices opened on a positive note, extending their advance from last week, and were seen trading with gains of over one percent in early morning trade. Sensex rose over 150 points while Nifty was trading with gains of over 50 points. The Small-Cap and Mid-Cap index were also trading with gains of one percent. All the sectoral indices were seen in the green. Telecom stocks moved up after TDSAT stayed DoT 3G roaming ban order and said no coercive steps should be taken against companies until order. Globally the US markets, the European markets and the markets in Hong Kong, Singapore, and Australia will be shut today on account of the extended Christmas weekend. The market breadth was strong as three stocks advanced against every single decline.

(Pic. Source- bseindia.com)

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