Market Heatmap- 29 June 2012

The key Indian equity indices zoomed-up today after the Government sought to ease concerns over controversial GAAR provisions and the EU leaders in Brussels proposed a common financial supervisor. Another positive development was that petrol prices were scaled down by nearly Rs 3 per litre. However, problems confronting the eurozone remains the biggest risk along with the slow progress of southwest monsoon. The Sensex closed at the level of 17429.98 i.e., up by 439.22 points and the Nifty closed at the level of 5278.9 i.e., up by 129.75 points. This led the midcap and the small-cap counters to close positive with gains of nearly one and a half percentage points each. On the sectoral front, all the indices closed in green. Capital Goods, Power, Bank and Metal indices closed as the major gainers with gains of nearly three and a half percentage points each. Further, the market breadth closed positive as eight stocks were seen advancing for every three declines. Find out more at :http://www.facebook.com/bmawealth?sk=app_206541889369118