Tuesday 20 December 2011

Intraday Summary- Market Synopsis- 19 December, 2011

 The frontline Indian indices and the rupee, both are trying to recover from their session lows in early afternoon trade after a couple of key asian markets pulled back from their day's lows. But overall, the undercurrent remains very fragile due to growing concerns about the worsening macro-economic backdrop - both domestic and global, and continued frustration over policy inertia.


Currently, the Sensex is trading near the 15240 levels and the Nifty is hovering around the 4575 levels. The midcap and the small-cap counters are badly beaten and trading negative by over two and a half percentage points. On the sectoral front, all the thirteen indices are trading in red. Realty, Bank and Capital Goods counters are the major losers till now.
(Pic. Source- bseindia.com)

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