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Thursday, 19 January 2012

Morning Summary- Market Synopsis- 18 January, 2012


Good Morning Everyone,
As anticipated, the key Indian equity benchmarks kicked started the session on a subdued note. Uncertainty prevailing about the eurozone credit crisis and disappointing results from US bank Citigroup dampened sentiments. The trend is in line with the indecisive Asian markets. US stocks too finished off their highs while the European indices posted healthy gains. The midcap and the small-cap counters are trading flat to positive. On the sectoral front, the indices are trading mixed. Oil&Gas & Power indices are leading the list of gainers, whereas, IT and Tech indices are leading the list of losers. Further, the market breadth is positive as three stocks are seen advancing for every two declines.

(Pic. Source- bseindia.com)

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