Wednesday, 28 December 2011

Morning Summary- Market Synopsis- 27 December, 2011

Good Morning Everyone,
The frontline Indian equity benchmarks opened flat in early morning trade, as investors choose to stay on the sidelines with only few trading sessions left in the year. Even the broader indices were subdued, leading to a dull start to the day. However, just like the previous trading session, the Indian market is trying to resume its positive momentum. Currently the Sensex is trading around 16030 up by 59 points and the Nifty has crossed the level of 4790 and is up by 17 points. The midcap and the small-cap counters are in green. On the sectoral front, except for Bank and FMCG, all the other indices are trading flat to positive. Capital Goods index is leading the list of gainers by over a percentage point gains. Further, the market breadth is also positive as two stocks are seen advancing for every one decline.

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