Friday 11 May 2012

Market Heatmap- 10 May 2012

The main indices closed in red for the third consecutive session today. The major indices opened on a positive not, however, the positivity was short-lived and the market was seen drooling down towards the latter half of the day. Disappointing data on exports along with few lower-than-expected corporate results weighed down on the sentiments today. This led the midcap and the small-cap counters to close flat to negative. On the sectoral front, except for Oil&Gas and Consumer Durables indices, all the other indices closed in red. Metal index closed as the major loser with losses of over a percentage point. Further, the market breadth closed negative as only three stocks were seen advancing for every four declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118

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