Friday, 20 July 2012

Morning Summary- Market Synopsis- 20 July, 2012

Good Morning Everyone
The markets slipped after a quiet start in the early trade. The market participants seemed cautious amid mixed corporate earnings and continued shortfall in monsoon rains. Markets are also on guard before the release of important results later today. Sensex was seen trading at 17173 losing over 100 points while Nifty was trading at 5208 with a loss of 35 points. All the sectoral indices on the BSE are trading in the negative terrain. Heavy sell-off was seen in Banks, Realty and Oil & Gas stocks. The market breadth was negative and four stocks were seen advancing against every seven declines.

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