Thursday 14 June 2012

Morning Summary- Market Synopsis- 14 June, 2012

Good Morning Everyone,
The key Indian stock indices started off trade on a flat note today. Sensex is seen trading at 16864 with a loss of 16 points while Nifty is trading at 5114 with a loss of 7 points. The market has been in a consolidation mode ahead of big events like inflation today, Greece election on Sunday and RBI mid-quarter policy review on Monday. The WPI data is expected to be released at 12 pm today. The headline WPI inflation is likely to inch higher in may at 7.5%. Most of the sectoral indices are seen trading in the green. Capital Goods is however, the biggest loser with over one percent loss. The market breadth is flat and one stock is seen advancing against every single decline.

(Pic. Source- bseindia.com)

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