As anticipated, the Indian equity indices lost ground in the early morning trade. Investors are seemed to be stepping back after a month's strong rally while the undercurrent remains cautious ahead of today's EU leaders' summit. Lower-than-expected Q4 GDP growth in the US has also caused investors to be a little more guarded. The midcap and the small-cap counters are trading negative. On the sectoral front, except for the FMCG index, all the other indices are trading in red. Further, the market breadth is negative as only two stocks are seen advancing for every three declines.
(Pic. Source- bseindia.com)
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