Good Morning Everyone,
The frontline Indian stock indices lost ground in the early morning trade. Investors seemed to be getting wary again about the deteriorating debt crisis in the Euro-zone despite some signs of strength seen in the US economy and rising expectations on possible monetary easing by the RBI later this month. The midcap and the small-cap counters are trading flat. On the sectoral front, all the indices are trading negative to flat. Capital Goods and metal indices are leading the list of losers till now. The market breadth is negative as only three stocks are seen advancing for every four declines.
(Pic. Source- bseindia.com)
The frontline Indian stock indices lost ground in the early morning trade. Investors seemed to be getting wary again about the deteriorating debt crisis in the Euro-zone despite some signs of strength seen in the US economy and rising expectations on possible monetary easing by the RBI later this month. The midcap and the small-cap counters are trading flat. On the sectoral front, all the indices are trading negative to flat. Capital Goods and metal indices are leading the list of losers till now. The market breadth is negative as only three stocks are seen advancing for every four declines.
(Pic. Source- bseindia.com)
No comments:
Post a Comment