Monday 6 February 2012

Morning Summary- Market Synopsis- 6 February, 2012

Good Morning Everyone,
The key Indian stock indices have advanced in early minutes of trade, with the Sensex and the Nifty rising by nearly 1% each. Globally, the encouraging January jobs data propelled US indices to multi-year highs with their European counterparts also rallying. Asian markets too are seen following the global trend and are mostly up this morning. Sensex is currently trading with gain of around 160 points while Nifty is up by around 50 points. The gains are broad based with the Small-Cap and Mid-Cap indices keeping pace with their Large-Cap peers. All the sectoral indices are trading positive with Metal and Realty trading with gains of over two percent. The market breadth is positive with five advances for every single decline.

(Pic. Source- bseindia.com)

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