As anticipated, the frontline Indian equity benchmarks gave a gap up opening in the early morning trade on the back of a world-wide rally in risky assets. However, the positivity and the strength of the overall market is falling weak to sustain the Indian market at higher levels and indices are sliding down. The midcap and the small-cap counters have also slipped down and are currently trading slightly positive. On the sectoral front, the indices are trading in mixed. Realty, Consumer Durables and FMCG indices are leading the list of gainers with gains of nearly a percentage point each, whereas, Oil&Gas & auto indices are leading the list of losers with losses of less than half a percentage point each. Further the market breadth is neutral.
(Pic. Source- bseindia.com)
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