The major Indian equity benchmarks started the day on a flat note on April 18, 2013. This is in spite of the weak international cues as China worries and weak earnings pushed the Wall Street lower on Wednesday. Major indices slipped over a percent. European markets also ended lower with 2 percent cuts. Asian markets are in a negative mode on Thursday with Japanese market down more than a percent. Volatility is likely to continue in the market as we are coming closer to the settlement day. Excepting today, only three days will be left for derivative settlement. All these led the Sensex to trade near the level of 18803 i.e. up by 68.87 points & the Nifty to trade near the level of 5709.4 i.e. up by 20.7 points. The Midcap index and the small cap index are trading in green with the gain of four-tenth of a percentage point and one-third of a percentage point respectively. On the sectoral front, the indices are trading mixed. Capital Goods Index is trading as the biggest gainer with the gain of one and one-fifth of a percentage point. This is followed by Healthcare Index which is trading with the gain of three-forth of a percentage point. On the other hand, Metal Index is the biggest looser with the loss of one-third of
a percentage point.
Further, the market breadth is positively placed as three stocks are seen advancing against two declining stocks.
a percentage point.
Further, the market breadth is positively placed as three stocks are seen advancing against two declining stocks.
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