Monday 23 April 2012

Morning Summary- Market Synopsis- 23 April, 2012

Good Morning Everyone,
The markets bounced back in the green today after falling on Friday.Index heavyweight, Reliance Industries also bounced back with over one percent gains. Company surprised the street by reporting gross refining margin at USD 7.6 a barrel versus USD 6.8 a barrel QoQ while its net profit fell 4.6% to Rs 4,236 crore during the same period. Most of the sectoral indices were trading in the green. IT, Realty and Teck were the only losers losing close to half a percentage point. The market breadth was strong and two shares were seen advancing against every single decline. 

(Pic. Source- bseindia.com)

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