The key Indian equity benchmarks have retreated from the session peak as some profit booking was seen after a three-week long rally. The fall in the European markets and the drop in the Indian rupee is adding on to the dampened sentiments. The broader market too has fallen from the day's high, resulting in the narrowing of the market breadth. Currently, the Sensex is hovering near the 16700 mark and the Nifty is trading around the 5020 level. The midcap and small-cap counters are trading positive by nearly half a percentage point. On the sectoral front, except for FMCG and Healthcare all the other indices are trading flat to positive. Bank & Consumer Durables indices are leading the list of gainers. Further, the advance decline ratio has turned negative as only five stocks are seen advancing for every six declines. (Pic. Source- bseindia.com)
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