Market Heatmap- 1 June 2012

The last day of the week and the first day of the month of June, ended on a very bad note. After starting the day on a flat note, no one had expected such a steep one-sided fall. The negative European and Asian markets along with the weak manufacturing PMI, export and auto sales data on the domestic front worked as fire in the already existing cautious sentiments. The major indices closed near the day’s low. The Sensex closed at the levels of 15965.16, i.e., down by 253.37 points and the Nifty closed at 4841.6 i.e., down by 82.65 points. This led the mid-cap and small-cap counters to close negative by over a percentage point each. On the sectoral front, except for FMCG index, all the other indices closed in red. Capital Goods index closed as the major loser with losses of nearly three percentage points. Further, the market breadth closed in favor of the bears as only two stocks were seen advancing for every five declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118