Tuesday, 24 April 2012

Morning Summary- Market Synopsis- 24 April, 2012

Good Morning Everyone,
The frontline Indian stock indices are trading nearly unchanged in early morning trade and are struggling for direction following yesterday's sharp cuts. The broader indices are also virtually flat, underscoring the indecisiveness among the market participants about the near-term direction of the market. Meanwhile, the midcap and the small-cap counters are trading in red. On the sectoral front, the indices are trading mixed. IT index is leading the list of gainers with gains of over two percentage points, whereas, Oil&Gas index is leading the list of losers with losses of nearly a percentage point. Further, the market breadth is negative as only three stocks are seen advancing for every four declines.

(Pic. Source- bseindia.com)

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