Market Heatmap- 9 July 2012

After opening in the red, the Indian markets continued to drift lower, tracking weakness across global markets. The Sensex closed at the level of 17391.98 i.e., down by 129.14 points and the Nifty closed at the level of 5275.15 i.e., down by 41.8 points. This led the midcap and the small-cap counters to close negative with losses of over a percentage point each. On the sectoral front, the indices closed in red. Metal and Power indices closed as the major losers with losses of over one and a half percentage points each. Further, the market breadth closed negative as only four stocks were seen advancing for every nine declines.
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