Intraday Summary- Market Synopsis- 13 January, 2012

The markets gained momentum as buying activity picked up after risk-averse investors were back in the market. The Sensex jumped 154 points to 16,198 while the Nifty was trading at 4,879, up by 48 points. Meanwhile, the broader markets continued to outperform the benchmarks with gains of over one percent. Amongst the sectoral indices, the Realty Index gained close to five percent while, Metal, Banking and Oil & Gas too registered gains of over one percent. Teck, IT and FMCG were still seen trading in the red. Market breadth was positive and four stocks advanced against every single decline.
(Pic. Source- bseindia.com)