Morning Summary- Market Synopsis- 1 August, 2012

The Indian markets opened on a flat note. Investors were seen cautious ahead of the  outcome of Federal Reserve' meeting (that will be ending today) and European Central Bank's meet that will begin on Thursday. The Sensex declined by nearly 17 points and was seen trading at 17219 while the Nifty trading at 5224 losing 6 points since yesterdays close.  Sectorally, IT and Teck were trading with losses of close to half a percent while Realty was the top gainer adding over one percentage points. The market breadth was positive and two stocks were seen advancing against every single decline.
(Pic source- bseindia.com)