Friday 12 October 2012

Market Synopsis, Morning Update: 12th October, 2011



The major Indian stock indices lost some ground in the early morning trade, as Infosys’ muted Q2FY13 earnings and tepid guidance has led to a dull start to the day. The Sensex is currently trading near the level of 18750 i.e., down by nearly 60 points and the Nifty is trading near the level of 5690 i.e., down by nearly 15 points. The midcap & the small-cap counters are trading positive by over half a percentage point. On the sectoral front, except for the IT & Teck indices, all the other indices are trading in green. Metal index is leading the list of gainers with gains of nearly a percentage point. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(pic source: bseindia.com)

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