Morning Summary- Market Synopsis- 2 May, 2012

As anticipated, the key Indian equity indices advanced in early morning trade. The major Indices are seen extending the previous session's gains on the back of encouraging manufacturing sector data of the US and China. Meanwhile, midcap and the small-cap counters are trading positive by over half a percentage point each. On the sectoral front, except for Auto and Oil&Gas indices, all the other indices are trading in green. Consumer Durables and FMCG indices are leading the list of gainers with gains of over a percentage point each. Further, the market breadth is positive as eight stocks are seen advancing for every three declines.
(Pic. Source- bseindia.com)