Thursday 13 September 2012

Market Heatmap- 12th September,2012



Market Heatmap
The major Indian equity indices started the session on a positive note, though soon after awhile, the markets were seen declining a little, even the July IIP data was not successful in bringing much movement in the market. However, the mid-afternoon session saw an acceleration as the Germany’s top court rejected calls to block the ratification of Europe’s $643.7bn permanent rescue f
und, the ESM and the fiscal pact. The Sensex closed at the level of 18011 i.e., up by 159.01 points and the Nifty closed at the level of 5431 i.e., up by 41 points. This led the midcap & small-cap counters to close positive by nearly half a percentage point each. On the sectoral front, except for Power & Healthcare indices, all the other indices closed in green. Metal index closed as the major gainer with gains of over two percentage points. Further, the market breadth closed positive as seven stocks were seen advancing for every five declines.

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