As anticipated, the frontline Indian equity indices gave a gap down opening in the early morning trade. This has led the midcap and the small-cap counters to trade in negative by nearly half a percentage point each. On the sectoral front, except for Oil&Gas index, all the other indices are trading in red. Auto and Power indices are leading the list of losers with losses of over two and three percentage points each. Further, the market breadth is in favor of the bears as only two stocks are seen advancing for every seven declines.
(Pic. Source- bseindia.com)
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