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Friday, 27 July 2012

Morning Summary- Market Synopsis- 27 July, 2012

Good Morning Everyone,
As anticipated, the Indian indices gave a gap-up opening in the early morning trade, based on the overseas cues. The Sensex is currently trading near the level of 16840 i.e., up by nearly 200 points and the Nifty is trading near the level of 5105 i.e., up by nearly 65 points. This has led the midcap and the small-cap counters to trade positive by nearly half a percentage point. On the sectoral front, except for Healthcare index, all the other indices are trading in green. Bank and Metal indices are leading the list of gainers with gains of over one and a half percentage points each. Further, the market breadth is positive as only five stocks are seen advancing for every one decline.

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