Saturday 17 December 2011

Morning Summary- Market Synopsis- 16 December, 2011.

Good Morning Everyone,
The benchmark indices rose close to one percent in morning trade ahead of the Reserve Bank of India's policy meet. Expectations that the Reserve Bank of India will keep key interest rates unchanged at its policy review this afternoon boosted trading sentiments. In addition, a firming trend in other Asian markets following overnight gains in the US on better-than-expected weekly jobs data supported the early rise on the domestic bourses. Most of the sectoral indices registered gains over one percent with the technology stocks being the sole losers. Market breadth was strong and three stocks advanced against every one decline.
(Pic. Source: bseindia.com )

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