Closing Summary- Market Synopsis- 11 January, 2012

The key benchmarks started the trade in the positive zone, extending yesterday's rally after Moody’s upgraded India’s short-term foreign-currency bank deposits to ‘investment grade’. The uptrend, though choppy, continued for most part of the day. However, a round of profit-booking pushed the indices lower towards the later half of the day. Nonetheless, bulls made a comeback and the indices finally ended the day with moderate gains. Buying activity remained robust in the broader markets as they were seen outperforming the main benchmarks. The Midcap and the smallcap index closed with gains of more than one percent each.
(Pic. Source- bseindia.com)