Tuesday 28 August 2012

Morning Summary- Market Synopsis- 28th August, 2012

Photo: Good Morning Everyone,
The major Indian equity indices started the day on a dull and subdued note. The undertone is cautious before the Fed meet on Friday. The Sensex is currently trading near the level of 17670 i.e., down by nearly 5 points and the Nifty is trading near the level of 5340 i.e., down by nearly 10 points. This has led the midcap and the small-cap counters to trade negative by over half a percentage point each. On the sectoral front, the indices are trading mixed. IT index is leading the list of gainers with gains of over half a percentage point while Metal & Consumer Durables indices are leading the list of losers with losses of over one and a half percentage point each. Further, the market breadth is weak as only three stocks are seen advancing for every eight declines.
Good Morning Everyone,
The major Indian equity indices started the day on a dull and subdued note. The undertone is cautious before the Fed meet on Friday. The Sensex is currently trading near the level of 17670 i.e., down by nearly 5 point

s and the Nifty is trading near the level of 5340 i.e., down by nearly 10 points. This has led the midcap and the small-cap counters to trade negative by over half a percentage point each. On the sectoral front, the indices are trading mixed. IT index is leading the list of gainers with gains of over half a percentage point while Metal & Consumer Durables indices are leading the list of losers with losses of over one and a half percentage point each. Further, the market breadth is weak as only three stocks are seen advancing for every eight declines.

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