Good Morning Everyone,
As anticipated, the key Indian stock indices managed to register modest gains in early morning trading on the back of positive trend across the Asian markets. The undercurrent is being supported by the overnight recovery in the US and European markets. Reports that Greek leaders are close to an agreement on the new austerity measure is also buoying the sentiment. The midcap and the small-cap counters are trading positive by over half a percentage point. On the sectoral front, indices are trading mixed. Consumer Durables & IT are leading the list of gainers, whereas, Bank, Healthcare and Auto Indices are the only counters to trade in red. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(Pic. Source- bseindia.com)
As anticipated, the key Indian stock indices managed to register modest gains in early morning trading on the back of positive trend across the Asian markets. The undercurrent is being supported by the overnight recovery in the US and European markets. Reports that Greek leaders are close to an agreement on the new austerity measure is also buoying the sentiment. The midcap and the small-cap counters are trading positive by over half a percentage point. On the sectoral front, indices are trading mixed. Consumer Durables & IT are leading the list of gainers, whereas, Bank, Healthcare and Auto Indices are the only counters to trade in red. Further, the market breadth is positive as two stocks are seen advancing for every one decline.
(Pic. Source- bseindia.com)
No comments:
Post a Comment