Market Heatmap- 19 June 2012

After retreating from gains made in the morning session, frontline India indices were seen moving up and trading near the day’s high aided by gains made in the European markets. Finally the market was seen closing near the day’s high. However, the broader markets chose to ignore the gains in the key indices and were flat in trade. Meanwhile, the group of 20 leaders (G-20) meeting in Mexico are focusing on how to resolve Europe’s financial crisis amid doubts over Greece's commitment to tough budget cuts and growing worries about contagion risks in Spain. The Sensex closed at the level of 16859.8 i.e., up by 153.97 points and the Nifty closed at the level of 5103.85 i.e., up by 39.6 points. This led the midcap and the small-cap counters to close flat. On the sectoral front, except for IT index, all the other indices closed in green. Oil&Gas index closed as the major gainer with gains of over two percentage points each. Further, the market breadth closed neutral. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118