Wednesday 21 March 2012

Morning Summary- Market Synopsis- 21 March, 2012

Good Morning Everyone,
As anticipated, major Indian indices have opened flat and are trading in a tight range. The market is seen struggling for direction with the Sensex and the Nifty trading virtually unchanged. The volatility too seems to be ebbing a little as most of the big events are out of the way. Volatility might increase next week owing to the F&O settlement. Meanwhile, the midcap and small-cap counters are trading flat with a positive bias. On the sectoral front, the indices are trading mixed. Healthcare, IT and Consumer Durables indices are leading the list of gainers with gains of over half a percentage point each, whereas, Metal index is leading the list of losers with losses of over half a percentage point. Further, the market breadth is neutral. 

(Pic. Source- bseindia.com)

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