Intraday Summary- Market Synopsis- 14 February, 2012

The Indian equity benchmarks are trading with slim gains in afternoon trade but the real action is taking place in the broader market. The undertone remains lackluster despite government data today showed inflation falling to a 26-month low in January. Barring Japan, most leading Asian markets are down today after Moody's downgraded six eurozone nations and cut the outlook on three other European countries. Currently, the Sensex is trading near the level of 17830, positive by nearly 50 points whereas, the Nifty is hovering around the mark of 5410, positive nearly by 20 points. The midcap and the small-cap counters are trading positive by over 0.6 percentage point. On the sectoral front, except for Healthcare and Power, all the other indices are trading in green. Auto index is leading the list of gainers till now by gain of over a percentage point. Further, the market breadth is positive as five stocks are seen advancing for every four declines.
(Pic. Source- bseindia.com)