The key Indian stock indices were trading with marginal gains in early minutes of trade, on the back of a healthy trend in other global indices. The Nifty was hovering around the 5100 mark while the Sensex was seen heading towards the 17000 mark. The sentiment was seen marginally positive on hope of fresh monetary easing by the Federal Reserve and other top central banks in a bid to give a fillip to the global economy. Most of the BSE sectoral indices were trading in the positive with IT and Teck being the sole losers. Shares of cement companies were under pressure after the Competition Commission of India (CCI) imposed a combined penalty of Rs. 30 bn on the industry for alleged price cartelisation. The market breadth was positive and two stocks were seen advancing against every single decline.
(Pic. Source- bseindia.com)
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