Intraday Summary- Market Synopsis- 23 February, 2012

The market has covered the intraday losses and has moved up from the session lows. Currently, the major indices are trading flat. The Sensex is trading around the level of 18170 and the Nifty is hovering around the level of 5520. The Midcap counters are trading negative by nearly half a percentage point, whereas the small-cap counters are trading negative by over a percentage point. On the sectoral front, the indices are trading mixed. Power index is leading the list of gainers with gains of over a percentage point, whereas, Realty and Metal indices are leading the list of loser with losses of over a percentage point each. Further, the market breadth though improved, but is still in favor of the bears as only three stocks are seen advancing for every seven declines.
(Pic. Source- bseindia.com)