Saturday, 31 December 2011

Morning Summary- Market Synopsis- 30 December, 2011

Good Morning Everyone,
The markets rebounded on the last session of year 2011, after a fall in previous three sessions, registering gains of around one percentage point. It was aided by positive global cues post bullish US housing and employment data. Major Asian markets like Shanghai, Nikkei and Hang Seng were also trading with moderate gains tracking the Wall Street. All the sectoral indices were in the green with Banking, Healthcare and IT leading the upmove. The market breadth too was positive; about two shares advanced for every share declining on the NSE.

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