Good Morning Everyone,
The main Indian indices are trying to edge higher after opening flat in early morning trade. However, cautious view prevail in the market before the release of the IIP data for the month of December. December IIP data is seen between 2.5% to 3.5% i.e., slower than November’s data of 5.9%. The midcap and small-cap counters are trading positive by over half a percentage point each. On the Sectoral front, except for Realty and Teck, all the other indices are trading in green. Capital Goods Index is leading the list of gainers till now by over a percentage point. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(Pic. Source- bseindia.com)
The main Indian indices are trying to edge higher after opening flat in early morning trade. However, cautious view prevail in the market before the release of the IIP data for the month of December. December IIP data is seen between 2.5% to 3.5% i.e., slower than November’s data of 5.9%. The midcap and small-cap counters are trading positive by over half a percentage point each. On the Sectoral front, except for Realty and Teck, all the other indices are trading in green. Capital Goods Index is leading the list of gainers till now by over a percentage point. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(Pic. Source- bseindia.com)
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