Tuesday 17 July 2012

Morning Summary- Market Synopsis- 17 July, 2012

Good Morning Everyone,
The main Indian stock indices advanced in early minutes of trade, with the Nifty reclaiming the 5,200 mark. The undercurrent has been buoyed by a positive trend across Asian markets, as global investors continue to bet on more stimulus out of the US and China. The Sensex is currently trading near the level of 17210 i.e., up by nearly 110 points and the Nifty is trading near the level of 5230 i.e., up by nearly 32 points. This has led the midcap and the small-cap counters to trade positive by over half a percentage point each. On the sectoral front, the indices are trading in green. Healthcare & Realty indices are leading the list of gainers with gains of over a percentage point each. Meanwhile, the market breadth is positive as two stocks are seen advancing for every one decline.

(Pic source: bseindia.com) 

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