The key Indian stock indices advanced in early morning trade, extending the last week’s rally. The further boost in the market came after Spain received emergency rescue money to strengthen its ailing banks. The Sensex is trading near the level of 16866.76 i.e., up by nearly 150 points and the Nifty is trading near the level of 5115 i.e., up by nearly 45 points. This has led the midcap and the small-cap counters to trade positive by nearly a percentage point each. On the sectoral front, all the indices are trading in green. Power and Metal indices are leading the list of gainers with gains of over one and a half percentage points each. Further, the market breadth is positive as four stocks are seen advancing for every one decline.
(Pic source: bseindia.com)
No comments:
Post a Comment