Market Heatmap- 31 May 2012

The day started on a negative note and a gap down opening. Moreover, with the GDP data coming much below the estimated levels, the May expiry was taken to be sad. However, a huge round of short-covering seen in the later part of the session along with the RBI’s intervention to improve the falling rupee’s position, bought a fresh round of positivity in the market. This helped the Sensex to shed some of its losses and finally close at 16218.53, i.e., down by 93.62 points and the Nifty to close at 4924.25 i.e., down by 26.5 points. The mid-cap counters closed positive but the small-cap counters could not recover all of its losses and closed negative by over half a percentage point. On the sectoral front, the indices closed mixed. Realty index closed as the major gainer with gains of nearly a percentage point, while Auto index closed as the major loser with losses of nearly two percentage points. Further, the market breadth closed nearly flat as four stock were seen advancing for every five declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118