Friday 6 July 2012

Morning Summary- Market Synopsis- 6 July, 2012

Good Morning Everyone,
The key Indian stock indices fell in early minutes of trade, tracking weakness across global markets. Globally, the European Central Bank (ECB) and the People’s Bank of China cut their benchmark borrowing costs yesterday, while the Bank of England (BOE) expanded the size of its asset-purchase program. Nifty was trading at 5294 with a loss of 33 points while Sensex lost 87 points and was seen trading at 17452. Sectorally, all the sectoral indices except FMCG are trading in the red with Metal and Realty registering maximum losses. The market breadth was negative and five stocks were seen advancing against every nine declines.

(Pic. Source- bseindia.com)

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