A promising start ended up in yet another down day for the Indian equities. Higher-than-expected inflation figure for April prompted investors to resume their selling spree. Moreover, downgrade of India's four top financial institutions by Moody's coupled with worries over the European debt crisis dampened the mood further. To add to the list of woes, NSE's F&O segment witnessed technical glitches in the afternoon. All this in unison led the midcap and the small-cap counters to close negative by over a percentage point each. On the sectoral front, the indices closed mixed. Healthcare index closed as major gainer with gains of over half a percentage point, whereas, Oil&Gas and Bank indices closed as major losers with losses of over one and a half percentage point each. Further, the market breadth closed negative as only one stock was seen advancing for every two declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118
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